A multilateral arbitration panel here began final hearings Monday in a contentious and long-running dispute between an international mining company and the government of El Salvador.
In the small rural village of Svetlaya Polyana, not far from the city of Karakol in Issyk Kul Province, north-eastern Kyrgyzstan, there is no sewage system and 70 percent of households lack access to hot water.
A few years ago, nobody could have imagined that some 50 Heads of States and Prime Ministers from Africa would meet the President of the United States for a summit. Yet, the first Africa/United States Summit took place in Washington from August 4 to 6, making headlines around the world.
Civil society groups from several continents are stepping up a campaign urging the World Bank to strengthen a series of changes currently being made to a major annual report on countries’ business-friendliness.
Until five years ago, Shima Aktar, a student in Gajaghanta village in the Rangpur district of Bangladesh, about 370 km northwest of the capital Dhaka, was leading a normal life. But when her father decided that it was time for her to conform to purdah, a religious practice of female seclusion, things changed.
For the second time this year, an internal auditor has criticised the World Bank’s private sector investment agency over dealings in Honduras, and is warning that similar problems are likely being experienced elsewhere.
Mostly unreported as the Ukraine conflict captures headlines, international financing has played a significant role in the current conflict in Ukraine.
Barely 100 km north of Nepal’s capital, Kathmandu, the settlement of Jure, which forms part of the village of Mankha, has become a tragic example of how the country’s poorest rural communities are the first and worst victims of natural disasters.
A key committee of the World Bank’s governing board Wednesday spurned appeals to revise a draft policy statement that, according to nearly 100 civil-society groups, risks rolling back several decades of reforms designed to protect indigenous populations, the poor and sensitive ecosystems.
Food price rises as far back as 2008 are believed to be the partial culprits behind the instability plaguing Arab countries and they have become increasingly aware of the importance of securing food needs through an international strategy of land grabs which are often detrimental to local populations.
Amidst an exodus of some 100,000 people from the conflict-torn eastern Ukraine, ongoing fighting in the urban strongholds of Donetsk and Luhansk between Ukrainian soldiers and separatist rebels, and talk of more sanctions against Russia, it is hard to focus on the more subtle changes taking place in this eastern European nation.
Millions still live in poverty and even those who have gained the security of the middle-income bracket could relapse into poverty due to sudden changes to their economic fortunes in South Asia, the latest annual Human Development Report by the United Nations Development Programme (UNDP) revealed.
The sixth BRICS Summit which has just ended in Brazil marks the transition of a grouping based hitherto on shared concerns to one based on shared interests.
A declining economy and a severe drought have raised concerns in Lebanon over food security as the country faces one of its worst refugee crises, resulting from the nearby Syria war, and it is these refugees and impoverished Lebanese border populations that are most vulnerable to this new threat.
The world of today is considerably different from the one at the end of the Second World War; there are no more any colonies, though there are still some 'dependent' territories.