Facing Painful Cuts and Tuition Hikes, U.S. Students “Occupy Education”

Shawn Deez, a freshman in peace and conflict studies, says she thinks she knows why some classes are scheduled at the University of California, Berkeley, and some are not. It's corporate influence that makes the difference, she said.

Latin America, Testing Ground for Chinese Yuan

China is looking to Latin America to experiment with the yuan, or renminbi, to replace the dollar, taking advantage of the growth in Chinese trade and investment in this region. But because the volume is still insignificant, it is not yet clear what impact the currency will have on economies in the region.

U.S.: Obama’s 2013 Budget Slashes Aid for Working Families

The federal budget for fiscal year 2013 proposed by President Barack Obama severely cuts aid for working families by targeting at least two programmes, the Community Services Block Grant (CSBG) and Project-Based Rental Assistance (PBRA), that aid the nation's most vulnerable working families.

U.S.: Obama’s 2013 Budget Slashes Aid for Working Families

The federal budget for fiscal year 2013 proposed by President Barack Obama severely cuts aid for working families by targeting at least two programmes, the Community Services Block Grant (CSBG) and Project-Based Rental Assistance (PBRA), that aid the nation's most vulnerable working families.

SPAIN: Demonstrators Protest Bank Bailouts and Spending Cuts

Demonstrators in nearly two dozen cities in Spain raised their voices Friday to protest against the use of public funds to bail out banks while the budgets for basic services like education and health are being slashed.

ECONOMY: Sri Lankan Poor Hit by Triple Whammy

First the government devalued the Sri Lankan rupee by three percent in November. Then interest rates were hiked. And to cap that U.S. sanctions hit Iran, which meets 90 percent of this country’s oil needs.

Q&A: How to Reverse the “Feminisation of Poverty”

The phrase "financing for gender equality" may sound dry, but it lies at the heart of some of the most intractable problems faced by women around the world today – and whether the political will exists to allocate real resources to solving them or simply pay lip service.

U.S. States Grapple with Exploding Prison Populations

Budget constraints combined with exploding prison populations are prompting a number of U.S. states, including some of in the politically conservative south, to rethink their criminal codes.

ECONOMY-EU Portugal, Greece Pose Risk of Contagion

The flood of economic woes devastating Greece and Portugal are evidence that the German prescription imposed by a troika of multilateral creditors is not working, and that both countries are heading into a blind alley, says economics professor Mario Olivares.

Greeks Discover the Politics of Poverty

According to European mainstream economists and politicians, the solution to the Greek debt crisis, and the only option for returning the country to a path of progress, is 'fiscal consolidation'.

Finland Joins Call for Financial Market Tax

In the midst of the debt and financial crises plaguing key European countries, Finnish Foreign Minister Erkki Tuomioja has joined a growing international chorus calling for the introduction of a global financial market tax and the shutting down of tax havens, saying all that is needed is the political will to do it.

Latin American Migrants Flee Crisis in Spain

"What on earth is happening to Spain?" asks Hernán Bocchio, a 43-year-old Argentine architect with three children who has been unemployed for four years and is considering a job offer from Brazil.

Economic and Climate Vulnerabilities Converge in the Caribbean

Caribbean islands are doubly exposed by the convergence of weak economies heavily dependent on foreign imports and greater vulnerability to climate change, according to ECLAC Executive Director Alicia Bárcena.

Q&A: U.S. Women’s Commissions Under the Budget Axe

State and local Commissions on the Status of Women (CSW) are facing shrinking budgets and even total elimination at a time when women are some of the hardest hit by the financial crisis, says Susan Rose, vice chair of Human Rights Watch's Santa Barbara Committee.

Swaziland’s Cooperatives No Threat to Banks

Nomsa Tsabedze is one of the many people at the Bunye Betfu, Buhle Betfu Credit and Savings Cooperatives waiting to apply for a loan to pay for her children’s school fees.

Anger Boils Over as Ranks of Jobless Youth Swell

When images of North London's gutted and burning buildings, broken shop windows and refuse-lined streets appeared on TV screens and front-page headlines during the four-day Tottenham riots last August, many dismissed the damage as the work of "hoodlums" and "delinquents".

Cameroon’s Economy Suffers as Boko Haram Infiltrates Country

Ahmadou Lamine has been forced to close his business selling fuel imported from Nigeria, known locally as "zoa-zoa", because of the Islamic extremist group Boko Haram.

EUROPE-DEVELOPMENT: The “Indignados” Still Have Wind in Their Sails

Months of protest across the European Union, sparked by ‘indignant’ youth demanding an end to the brand of free market capitalism that has blighted the continent with an unemployment epidemic, finally bore fruit on Jan. 30 when Jose Manuel Barroso, president of the European Commission, proposed an ambitious jobs scheme.

New Rule Puts Brakes on U.S. Public Housing Demolitions

Earlier this week, the U.S. Department of Housing and Urban Development (HUD) announced the publication of a new notice which significantly tightens its procedures for the processing of public housing demolition applications by local housing authorities.

UNICEF Funding Falls Short Leaving Millions of Children at Risk

If the United Nations Children’s Fund (UNICEF) had 1.28 billion dollars it could help 97 million people around the world.

Malawi’s Consumers Have a Right to Fuel and Forex Black Market

The black market for foreign exchange and fuel is booming in the midst of an acute scarcity in Malawi. The shortage is so severe that even the Consumer Association of Malawi, an influential consumer rights body, has come out in support of the black market.