"A serious political and social crisis will sweep through the euro countries if they do not decide to strengthen the integration of their economies. The euro zone crisis did not begin with the Greek crisis, but was manifested much earlier, when a monetary union was created without economic and fiscal union in the context of a financial sector drugged on debt and speculation.”
Caught in the grips of a summer heat-wave, in a season that is seeing record-high temperatures worldwide, residents of the war-torn city of Aleppo in northern Syria are facing off against yet another enemy: thirst.
The nuclear agreement concluded last week between Iran and six big powers, the United States, Britain, France, Russia, China and Germany, is threatening to trigger a new Middle East military build-up – not with nuclear weapons but with conventional arms, including fighter planes, combat helicopters, warships, missiles, battle tanks and heavy artillery.
The United Nations is the only universal forum that connects systemic issues to the global partnership for development. The latter recognises North-South cooperation based on historical responsibility and varying levels of development and capacity among member states of the U.N.
African countries would do well to take their own lead in finding ways to better adapt to and mitigate the changes that climate may impose on future generations instead of relying only on foreign aid.
The third Financing for Development (FfD) conference in Addis Ababa concluded last Thursday, July 16, in bad faith as developed countries rejected a proposal for a global tax body and dismissed developing countries’ compromise proposal to strengthen the existing U.N. committee of tax experts.
The formal opening of the BRICS Bank in Shanghai on Jul. 21 following the seventh summit of the world’s five leading emerging economies held recently in the Russian city of Ufa, demonstrates the speed with which an alternative global financial architecture is emerging.
A leading geothermal expert warns that the small island states in the Caribbean face “a ticking time bomb” due to the effects of global warming and suggests a shift away from fossil fuels to renewable energy is the only way to defuse it.
By the end of this year, the 15-year time frame for the Millennium Development Goals will end, with good progress on several indicators, but limited achievements on others.
Today Jul. 18 is Mandela Day, the annual international day in honour of the late Nelson Mandela, the first democratically-elected President of the Republic of South Africa.
Despite high expectations, the third International Conference on Financing for Development (FfD) ended on a predictable note: the United Nations proclaimed it a roaring success while most civil society organisations (CSOs) expressed scepticism over the final outcome.
When international donors pledge millions of dollars either for post-conflict reconstruction or for humanitarian aid, deliveries are rarely on schedule: they are either late, fall far below expectations or not delivered at all.
Although malaria is both preventable and curable, it still killed an estimated 584,000 people in 2013, the majority of them African children.
As the Third International Conference on Financing for Development opens in the Ethiopian capital, Addis Ababa, Monday, all eyes are on the United Nation’s post-2015 development agenda, billed as the most ambitious and far-reaching poverty eradication plan in the organisation’s history.
70-year-old Chiute Tamang was working in his field when the earth shook on Apr 25. He grabbed a tree. His wife and daughter were inside the house at the time, but managed to run out. In the blink of an eye, the building turned into a heap of stones. They were the lucky ones.
"The threat is never over until we rebuild," Sierra Leone's President Ernest Bai Koroma stressed at an Ebola Recovery Conference Friday in New York.
When the four-day-long international conference on Financing for Development (FfD) concludes in the Ethiopian capital later this week, one of the lingering questions in the minds of departing delegates may well be: did we really achieve anything concrete after years of negotiations?
Three years ago the United Nations initiated a conversation on a successor to the Millennium Development Goals (MDGs) and how the global community can lay foundations for an ambitious endeavour to eradicate extreme poverty, protect the planet, reduce vulnerability to shocks and ultimately raise the dignity of all humanity.
Ahead of the all-important International Financing for Development Conference in Addis Ababa, a top water charity has called upon world leaders to prioritise programmes for water, sanitation and good hygiene, so that no one is left behind.
The key priorities of the Group of 77 developing countries (G77) remain somewhat aligned around a set of issues that have been present from the beginning of the FfD negotiations in New York.
When the three-day conference on
Financing for Development begins on Jul. 13 in Addis Ababa, the competitors in this year’s Tour de France will have reached the mountains. They will have already experienced a few spills and will still have many kilometres to go.