Financial Crisis

Trump Accord Sows Discord in US Empire

US President Donald Trump has deliberately sown discord worldwide in attempting to remake the world to serve supposed American interests better. He will not cede influence, let alone power and control, to other nations, let alone people.

World Immunization Week Highlights the Urgency of Global Vaccine Access

For 2025, the theme of World Health Immunization Week (24-30 April), “Immunization for All is Humanly Possible”, emphasizes the need to eradicate disparities in access to vaccines, particularly for children. By encouraging governments to implement vaccination programs at the local and national levels, the World Health Organization (WHO) seeks t0 ensure worldwide access to life-saving vaccines.

Financing for Whom? The Financing for Development Summit Must Address Social Dimensions

The Fourth International Conference on Financing for Development (FfD4) will bring world leaders together to forge a new international consensus on how to finance a better future for all. Yet, in practice, the first drafts of its outcome reveal a glaring omission: people. Despite rhetoric about inclusivity, the drafts are strikingly weak on social issues, as if financing and macroeconomic policies exist in a vacuum, detached from the lives they impact.

‘Noboa Did Not Receive a Blank Cheque: He Will Have to Show Tangible Results’


 
CIVICUS discusses Ecuador’s presidential election with Jorge Tapia de los Reyes, Coordinator of the Democracy and Politics Department and the Political Funding Observatory of the Citizenship and Development Foundation (FCD). FCD is an Ecuadorian civil society organisation that promotes participation, citizen monitoring and open government.

African Countries Still Underfunding Health by as Much as 50 Percent

The majority of African countries are yet to commit 15 percent of their GDP to funding the health sector, despite the growing disease burden weighing down the continent and two decades after the coming into force of the Abuja declaration on health sector funding.

Trump Wants World to Subsidise US Empire

Donald Trump’s top economic advisor claims the President has weaponised tariffs to ‘persuade’ other nations to pay the US to maintain its supposedly mutually beneficial global empire.

Trump’s ‘Shock and Awe’ Tariffs

US President Donald Trump has again seized global attention by arbitrarily imposing sweeping tariffs on the rest of the world. He reminds us America is still boss, claiming to ‘make America great again’ (MAGA) by ensuring ‘America first’ at everyone else’s expense.

Turkey’s Democratic Uprising: A Generation Takes a Stand

In the heart of Istanbul, a remarkable transformation is underway. What began as student protests following the politically motivated arrest of Mayor Ekrem İmamoğlu has evolved into Turkey’s most significant pro-democracy mobilisation in years. The streets that once pulsed with the routine of daily life now throb with the energy of millions demanding a return to democratic governance.

A Pressure on Silicon Valley: Is the U.S. Ready for a Shift in Tech Dominance?

While the U.S. argues over tariffs, China, Japan, and South Korea are quietly reshaping their tech markets, shifting towards regional dominance – signaling a potential turning point in global tech leadership.

Malnutrition Not Due to Cash Poverty Alone

The World Bank set its US ‘dollar-a-day’ poverty line using its 1990 data. Despite many doubts and criticisms, its poverty numbers fell until the COVID-19 pandemic began in 2020.

International Day of Forests
‘Now is the time for decisive, collaborative action’

The Forest Declaration Assessment Partners have called for urgent reforms to the international financial system to halt deforestation and protect biodiversity. It has also pitched for redirecting the public subsidies to mitigate the direct and indirect environmental risks from both public and private finance.

Funding Disruptions Are a Systemic Failure – Philanthropy Must Do What’s Right and Support Local Leadership

The slashing of US aid funding by Donald Trump and Elon Musk, and cuts or planned cuts in international support by several European states, threaten to cut off the oxygen supply to a civil society already in a critical condition. At CIVICUS, the global civil society alliance, activists and grassroots groups have shared with us time and again that shifting and volatile donor priorities are one of the top funding challenges they face, alongside limited resources for strategy and restricted funding.

Agriculture for Economic Resilience During Political and Financial Crisis – The Case of Bangladesh

The recent student movement in Bangladesh demanding reform of the quota system for public jobs led a ‘march of the people’ towards the official Residence of the Prime Minister Sheikh Hasina on 5th of August 2024. The security forces of the country, including the army, refused to open fire on the marching crowd. Fearing an imminent attack on her residence without the protection of the army, Sheikh Hasina fled to neighbouring India after being in power continuously since 2008. With Sheikh Hasina fleeing to India on 5th of August 2024 her authoritarian and corrupt rule of 15 years just melted away.

America First Deepens World Stagnation

Donald Trump’s Make America Great Again (MAGA) appeal captured US mass discontent against globalisation. In recent decades, variations of America First have reflected growing ethnonationalism in the world’s presumptive hegemon.

Civil Society at the Finance in Common Summit Calls for Community-led, Equitable, and Human Rights-based Development

As public development banks gather for the Finance in Common Summit (FiCS) in Cape Town, South Africa, civil society and community activists from across the world are demanding a shift to a community-led, equitable, and human rights-based development approach, that prioritise people and planet over profit, and a reform of the global financial architecture.

An ‘Exorbitant Privilege’ for All?

Ending US dollar dominance alone will not end monetary imperialism. Only much better multilateral arrangements to clear international payments can meet the Global South’s aspirations for sustainable development.

African Countries Urged to Plug Wealth Loss, Stop Illicit Financial Flows

Africa loses billions of dollars annually through illicit financial flows, resulting in the continent failing to improve the lives of millions of people despite vast mineral wealth, according to experts. Agencies say more needs to be done to turn the continent's natural resources into prosperity at a time governments are struggling to address challenging economic conditions that have spawned high poverty levels.

Unlocking SDG Success: How Better Data Can Develop Africa

That one in three Africans will not be counted as countries failing to meet census deadlines is a huge setback for development planning.

Geopolitical Uncertainties Cloud World Economic Prospects, UN Report Says

In the past few years, the world economy has made significant strides in mitigating inflation, unemployment, and poverty. Despite this, global growth has yet to regain its pace from before the pandemic.

Financing for Development Priorities Today

The forthcoming fourth United Nations Financing for Development conference must address developing countries’ major financial challenges. Recent setbacks to sustainable development and climate action make FfD4 all the more critical.

New Geopolitics Worse for Global South

The new geopolitics after the first Cold War undermines peace, sustainability, and human development. Hegemonic priorities continue to threaten humanity’s well-being and prospects for progress.

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