U.S. ‘Divestment’ Movement Gaining Momentum

A months-old national campaign to convince U.S. colleges, universities and city governments to withdraw investments from the world’s largest oil and gas companies has seen some notable initial successes.

World Bank Unmoved on Auditor’s Criticism of Forest Policy

Officials at the World Bank are forcefully rejecting a new internal evaluation that is highly critical of the institution’s decade-long forest policy, expressing their “strong disagreement” with some assertions in the report.

U.S. Prison Population Seeing “Unprecedented Increase”

The research wing of the U.S. Congress is warning that three decades of “historically unprecedented” build-up in the number of prisoners incarcerated in the United States have led to a level of overcrowding that is now “taking a toll on the infrastructure” of the federal prison system.

New U.S. Biofuel Proposals Could Draw Heavily from Food Sources

New biofuel requirements proposed by the U.S. Environmental Protection Agency (EPA) are being met with concern by a spectrum of interest groups from environmentalists to the oil industry, with some warning that a gap between the proposal and existing law could force the government to draw on food-based alternative fuels.

Missing Reform Deadline, IMF Nears “Credibility Cliff”

The International Monetary Fund (IMF) has announced that it will miss an internal deadline to agree on a new formula by which to apportion voting rights in the 188-member institution.

U.S. Firms Stash Tens of Billions in Tax Havens, Govt Says

The research arm of the U.S. Congress is warning that U.S. corporations’ use of tax havens has risen substantially in recent years, with companies offering massively inflated profit reports from small countries with loose tax regulations.

A Fifth of Global Investing Considered “Sustainable”, Industry Reports

Nearly 22 percent of professionally managed assets around the world can be considered sustainable or responsible, according to a finance industry assessment, the first comprehensive look at the subject.

Landmark U.S. Immigration Framework Heavy on Border Security

A bipartisan group of U.S. senators on Monday unveiled a set of principles that will serve as an initial framework for a legislative push that many are increasingly optimistic could result in the largest overhaul of the country’s immigration system in decades.

Debt Relief Package for Myanmar Unusually Generous

Nearly 20 of the world’s largest creditor countries have announced that they would be cutting nearly half of Myanmar’s total foreign debt, worth some six billion dollars.

Ending Ban, U.S. Hopes to Reduce Sexual Assaults in Military

Following on a surprise announcement, U.S. Secretary of Defence Leon Panetta on Thursday confirmed that the U.S. military will be rolling back a nearly two-decade-old ban on women in the U.S. military serving in frontline combat positions.

IFC to Fund Major New Microfinance Institution in Myanmar

The International Finance Corporation (IFC), the World Bank Group arm that focuses on the private sector, announced Wednesday that it would be backing a new microfinance institution in Myanmar aimed at reaching 200,000 people by 2020.

Expanding Coal Exports Test Obama’s Inaugural Climate Pledges

Following surprisingly forceful statements on the threat of global climate change by President Barack Obama during his second inaugural address on Monday, campaigners here are expressing cautious optimism that a second Obama administration will be able to see through some of the substantive actions on carbon reduction that largely eluded the president’s first term.

Opposition to U.S. Corporate Political Spending Gains Momentum

Activists and watchdog groups across the United States unveiled a new national push on Thursday to urge policymakers to roll back a controversial 2010 Supreme Court decision that led to the unprecedented spending of about 6 billion dollars, much of it untraceable, during recent national elections.

Obama Misses Opportunity to Stem Gun Flow to Mexico

Unveiling the most extensive gun control proposal in generations, U.S. President Barack Obama on Wednesday signed nearly two dozen executive orders and called on the U.S. Congress to enact a legislative package to blunt the country's growing trend of gun violence.

U.S. Prepares Support for French Military Intervention in Mali

U.S. Secretary of Defence Leon Panetta has applauded France's surprise airstrikes on Islamist rebels in northern Mali that began late last week and continued over the weekend.

U.S. Urged to Stem Broader Ethnic Violence in Myanmar

Worried over the possibility of further escalation of armed conflict in Myanmar, activists here are calling on Washington to take stronger action to condemn state forces for aerial bombardment of ethnic Kachin rebels and civilians in the country’s north, which some say constitutes crimes against humanity.

Treaty “Insufficient” to Reduce Global Mercury Levels

Even as government negotiators from around the world prepare to gather next week for a final round of talks on a new international treaty limiting the use of mercury, scientists and activists are warning that the draft treaty is both too weak and too limited in scope to have a major impact.

U.S. Health Worse Than Nearly All Other Industrialised Countries

U.S. citizens suffer from poorer health than nearly all other industrialised countries, according to the first comprehensive government analysis on the subject, released Wednesday.

U.S. to Take Closer Look at Flood of Corporate Political Spending

Civil society actors and the some corporate groups here are reacting with excitement to indications that the U.S. Securities and Exchange Commission (SEC), which regulates the country’s stock exchanges, is likely to take up discussion over new rules that would mandate the public disclosure of all political spending by U.S.-listed public corporations.

U.S. Immigration System’s Cost, Reach “Unprecedented”

The United States government is spending more on immigration enforcement each year than it is on all other federal law-enforcement agencies combined, according to the first comprehensive look at how the country’s sprawling immigration complex has grown over the past decade.

Controversial Anti-TB Drug Approved in U.S.

The U.S. Food and Drug Administration (FDA), the sector’s primary regulator, has given accelerated approval to a controversial new drug for use by patients suffering from forms of tuberculosis that have proven resistant to other medicines.