Australia is set to become the first country or jurisdiction to require large multinational corporations (MNCs), with a global consolidated income of at least AU$1 billion, to
publicly report
country-by-country (CbC) tax information. The new Labor Government announced on 25 October, 2022 in its
budget paper that MNC’s public CbC tax reporting will begin from 1 July, 2023. Australia’s public CbC reporting rules will apply to all companies headquartered in Australia and companies headquartered elsewhere with sufficient nexus in the country.
The decision of Germany and other NATO states to supply modern battle tanks and other armoured infantry vehicles to Ukraine takes the West’s involvement in the war to a new level.
On February 4, Sri Lanka commemorates 75 years of Independence. But it will not be the extravaganza of the past years, the minaturised imitations of the grand displays on Moscow’s Red Square or China’s Tiananmen Square.
On 25 January, roughly six weeks after being sworn in following her predecessor’s removal, Peruvian president Dina Boluarte finally
recognised that elections were the only way out of political crisis. Elections were
rescheduled for April 2024, much earlier than the end of the presidential term she’s been tasked with completing, but not soon enough for thousands who’ve taken to the streets demanding her immediate resignation.
Last month, we joined more than 1000 representatives from all sectors of civil society who came together in Santiago de Chile to debate the future of – and threats to - public services the world over.
Few policymakers ever claim credit for causing stagnation and recessions. Yet, they do so all the time, justifying their actions by some supposedly higher purpose.
In a new book, entitled
Humanitarian Journalists: Covering Crises from a Boundary Zone, we document the unique reporting practices of a small but influential group of journalists who defy conventional approaches to covering humanitarian crises.
China’s
announcement on 17 January 2023 that its population had declined for the first time in 60 years has fostered population decline hysteria and promoted more
Ponzi demography in many parts of the world.
Meeting our climate change goals will require massive investments in clean energy projects, in both advanced economies and across the Global South. But financing projects in the latter group of countries requires an increase in foreign capital inflows that will be constrained by currency exchange rate risk. Creating an innovative Exchange Rate Coverage Facility can help to overcome this constraint.
Next month (February 24) will mark one year since Russia began its full-scale war on Ukraine. This large-scale land invasion has had
repercussions across the geopolitical,
humanitarian, financial, and even food and energy domains. It has also had devastating ecological impacts.
“I was blind, but now I see.” This is what Vainesi, from Salima District in Central Malawi, said after surgery to treat trachoma. A mother of three, Vainesi had been unable to work or provide for her family once the disease began to affect her eyesight.
Parliamentarians worldwide face increasing human rights violations and a greater risk of reprisal simply for exercising their mandate or expressing their ideas and opinions.
Recently, the United States Department of Agriculture granted a conditional license for
the first-ever honeybee vaccine. This is an exciting step that will protect bees from American foulbrood disease and ultimately help to stop the alarming decline in their numbers.
As Turkey approaches its centennial anniversary this October, President Erdogan is stopping short of nothing to win the election in June to fulfill his life-time dream of presiding over the celebration. The Turkish people should deny him this historic honor because of the reign of terror to which he has mercilessly subjected his countrymen.
As the year 2022 drew to an end, the United Nations Conference on Trade and Development (UNCTAD) warned, “
Developing countries face ‘impossible trade-off’ on debt”, that spiralling debt in low and middle-income countries (LMICs) has compromised their chances of sustainable development.
On 20 January, the world’s best sailors arrived in Mindelo, Cabo Verde, completing the initial leg of the 2023 edition of
The Ocean Race. Coinciding with this stop was the launch of Cabo Verde’s first
blue bond at the Ocean Summit, an event jointly organized by The Ocean Race and the Government of Cabo Verde on the sidelines of the grueling round-the-world race. United Nations Secretary-General Antonio Guterres was in attendance as this year’s keynote speaker.
The G20 India Presidency is marked by unprecedented geopolitical, environmental, and economic crises. Rising inflation threatens to
erase decades of economic development and push
more people into poverty. Violent extremism is also on the rise as a result of increasing global inequality, and the
rule of law is in decline everywhere. All of these challenges impact the G20's goal of realizing a faster and more equitable post-pandemic economic recovery.
But as India prioritizes its agenda for 2023, it is corruption that is at the heart of all of these other problems- and which poses the greatest threat to worldwide peace and prosperity.
In 2022, Saudi Arabia “quietly”
sentenced Salma al-Shehab to 34 years in prison over her Twitter activity, marking the longest Saudi sentence ever for a peaceful activist. Fast forward and award-winning Ugandan author Kakwenza Rukirabashaija was charged with two
counts of "offensive communication" after making unflattering remarks about the president and his son on Twitter. The message is clear: your well-crafted 280 characters can land you in jail.
The United Nations Security Council (UNSC) is the principal organ within the
United Nations System that is mandated under the tenets of the
UN Charter for maintaining international peace and security. The focus here is to prevent and resolve international conflicts and disputes – i.e., using diplomatic means and leverage, as well as international treaties and laws that protect human rights and govern the rules of war.
“Is it a sin to be a girl? We don’t want to be at home and illiterate. We want to go to school, study and be intelligent.”
In just a few words, this plea for education from a young
Afghan girl has captured the world’s attention. Her heartbreaking question shows how the Taliban’s recent ban on girls attending secondary school and university – effectively ending education opportunities for all Afghan girls and women – is not only violating their fundamental human right to education but shattering countless hopes and dreams in an instant. [related_articles]
Denial at the top of the Democratic Party about Joe Biden’s shaky footing for a re-election run in 2024 became more untenable over the weekend. As the New York Times
reported, investigators “seized more than a half-dozen documents, some of them classified, at President Biden’s residence” in Delaware.