Economy & Trade

India’s Extensive Railways Often Conduit for Child Trafficking

Deeepti Rani (13) lives with her mother in a dilapidated dwelling near a railway track in India’s southern state of Karnataka. The mother-daughter duo sells paperbacks on trains for a living.

Egypt Racing to Supply Wind, Solar Energy to Greece, EU via Submarine Cables

As Europe braces for an unusual winter due to a global energy crisis, Greece is embarking on one of Europe's most ambitious energy projects by connecting its electricity grid to Egypt's.

Africa’s Processing Industry Holds Promise for Broader Economic Growth

As a central pillar of African diets for thousands of years, millet has a prized position as one of the continent’s most important crops. And with the onset of climate change, millet offers valuable security to the continent’s smallholder farmers due to the crop’s tolerance for dry soils.

Can Asia and the Pacific Get on Track to Net Zero?

The recent climate talks in Egypt have left us with a sobering reality: The window for maintaining global warming to 1.5 degrees is closing fast and what is on the table currently is insufficient to avert some of the worst potential effects of climate change. The Nationally Determined Contribution targets of Asian and Pacific countries will result in a 16 per cent increase in greenhouse gas emissions by 2030 from the 2010 levels.

AGRA Gets Make-Up, Not Make-Over

Despite its dismal record, the Gates Foundation-sponsored Alliance for a Green Revolution in Africa (AGRA) announced a new five-year strategy in September after rebranding itself by dropping ‘Green Revolution’ from its name.

Black ‘Fraud-Days’ and the Shocking Cost of Staying Fashionable

Please take a quick look at this short report before rushing to shop on a Black Friday, Christmas sales and all those long chains of big discounts and wholesales, most of them are fake, as often denounced by consumers organisations that report that the business usually inflates prices before launching such deals.

Cattle Turn Into New Currency Amid Inflation in Zimbabwe

In 2007 as inflation walloped the Zimbabwean currency, rendering it valueless, then 54-year-old Langton Musaigwa of Mataruse village west of Zimbabwe in Mberengwa district switched to cattle as his currency.

The World Cup of Opportunity

The sun is shining, and the temperature sits at an idyllic 28 degrees Celsius. The Uber driver taking me to work is from Pakistan and devastated about the recent loss to England in the T20 Cricket World Cup final in Australia.

Asia: the Power of Connections and their Consequences

In our recent book, “The Connections World: The Future of Asia”, published by Cambridge University Press in October 2022, we argue that mutually beneficial links between dynastic business houses and political elites have been important drivers behind Asia’s extraordinary renaissance. Yet, these close ties now threaten future economic growth.

Balancing Diversity and Meritocracy

Countries worldwide, and as different as India, Indonesia, Iraq, Iran, Ireland, Israel and Italy, are struggling with the issue of how best to balance diversity and meritocracy across disparate ethnic, racial, caste, linguistic and religious subgroups in their populations.

Ugandan Women Tackle Domestic Violence with Green Solutions

Constance Okollet Achom, a Ugandan woman from Tororo, a rural village located in Eastern Uganda, has helped several dozens of her peers affected by domestic violence to address the issue by equipping victims with skillsets to manufacture eco-friendly biofuels from agro-forestry waste.

Open Veins of Africa Bleeding Heavily

The ongoing plunder of Africa’s natural resources drained by capital flight is holding it back yet again. More African nations face protracted recessions amid mounting debt distress, rubbing salt into deep wounds from the past. With much less foreign exchange, tax revenue, and policy space to face external shocks, many African governments believe they have little choice but to spend less, or borrow more in foreign currencies.

A Looming Debt Crisis is Threatening Global Health Security. It is time to Drop the Debt

In this moment of profound challenge in international relations, it was understandable that the conclusion of the G20 meeting left leaders feeling relieved that the meeting took place without a breakdown. Leaders were justifiably proud too of important steps forward they made including the launch of the new pandemics fund.

G20 Summit, a Missed Opportunity to Tackle Global Cost of Living Crisis

G20 leaders met in Indonesia in the midst of multiple crises, with 85 percent of the world population expected to face austerity measures and severe budget cuts next year that will impact the most vulnerable compounded by an insufficient response to the Covid-19 pandemic, with only 38 percent of relief funds going to social protection in global South countries.

The United Kingdom’s, USA’s and Russia’s Great Game: A History Lesson about War and Greed

Like most armed conflicts the Ukrainian war intends to establish hegemony over a certain area, in rivalry with other usurpers. Russian propaganda pinpoints the US and EU as Russia’s main adversaries, while Ukraine is portrayed as a pawn in these nations’ international yearnings. Such a scenario is not new.

As the World’s Population Hits 8 Billion People, UN Calls for Solidarity in Advancing Sustainable Development for All

The global population is projected to reach 8 billion on 15 November 2022, signalling major improvements in public health that have lowered the risk of dying and increased life expectancy. But the moment is also a clarion call for humanity to look beyond the numbers and meet its shared responsibility to protect people and the planet, starting with the most vulnerable.

COP27 Fiddling as World Warms

The latest annual climate conference has begun in the face of a worsening climate crisis and further retreats by rich nations following the energy crisis induced by NATO sanctions after the Russian invasion of Ukraine. Copping out again The 27th Conference of the Parties (COP 27) to the United Nations Framework Convention on Climate Change (UNFCCC) is now meeting in Sharm-el-Sheikh, Egypt, from 6 to 18 November 2022.

Market Lords, Much More than a War, Behind World’s Food Crisis

While grain exports continue to regularly flow to world's markets since the July 2022 Turkey-brokered agreement between Russia and Ukraine to resume cereals and fertilisers shipments from both countries, food prices are still skyrocketing everywhere. How come?

A World of 8 Billion: Population Growth Will Continue But it’s Slowing Down

Global population is about to reach 8 billion, a mere 11 years after it reached 7 billion. The official Day of 8 Billion is observed by the UN November 15, though it's hard to pinpoint exactly when we pass the actual milestone.

Making the UN Charter a Reality: Towards a New Approach to Development Cooperation?

We are living in a world where both our bilateral and multilateral achievements, consensuses on human rights and social justice, and our resolve to public good are being tested like never before.

Limits to Growth: Inconvenient Truth of Our Times

Ahead of the first United Nations environmental summit in Stockholm in 1972, a group of scientists prepared The Limits to Growth report for the Club of Rome. It showed planet Earth’s finite natural resources cannot support ever-growing human consumption.

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