Digitalization is a key driver of competitiveness and development. As the world takes the path to unprecedented digital advancement, Asia continues to be a powerhouse of digital transformations in a wide range of areas from microchip manufacturing to electric vehicles, from digital currency to e-commerce.
When the United Nations began negotiations on a legally binding treaty to protect and regulate the high seas, one diplomat pointedly remarked: “It’s a jungle out there”—characterizing a wide-open ocean degraded by illegal and over-fishing, plastics pollution, indiscriminate sea bed mining and the destruction of marine eco-systems.
In today’s interconnected world, shots fired in one corner of the globe create ripple effects in other, seemingly far, places. One year since the Russian invasion of Ukraine, African countries, although physically miles away, have not been spared its aftershocks.
Eletrobras is Latin America’s biggest electricity company, responsible for around
30% of Brazil’s power capacity and 50% of all its transmission lines. In 2021, the Brazilian government announced it would reduce its controlling shares in this state-owned company from
72% to 10%. Given Eletrobras’ dominant role in Brazil’s power sector, this divestment in the government’s controlling shares merits a more complete understanding of the implications for Brazil’s energy transition and energy security.
As the effects of climate change escalate and natural disasters such as earthquakes, floods, and droughts become more frequent and severe, threatening lives and livelihoods, humanity is losing the climate battle.
Thulani Maseko knew speaking out in Eswatini was a risky business. An activist and well-known human rights lawyer, he’d previously spent 14 months in jail for criticising the country’s lack of judicial independence. Now he’s dead, shot in his home by unknown assailants.
The opioid addiction crisis in the United States is an acute public health emergency and a profound threat to national security – which is caused by the over-prescription, misuse, illegal production, and criminal trafficking and sale of opioid pharmaceutical drugs to Americans. It is estimated that over 130 people die every day from opioid overdoses in the U.S.
The last three years have seen the Pacific impacted negatively due to the COVID-19 pandemic. The tourism industry, a key source of national revenue and jobs creation, received a severe blow due to closure of borders and reduced travel.
Access to energy remains a concerning challenge for many in Timor-Leste. The centralised nature of the local electricity supply chain has traditionally kept consumers reliant on the national grid to overcome chronic energy shortages.
While a 2017 study by the Confederation of Indian Industry Jones Lang LaSalle India and WeWork noted the potential in India’s co-working segment, it took COVID-19 for people to transition to co-working spaces close to home.
Australia is set to become the first country or jurisdiction to require large multinational corporations (MNCs), with a global consolidated income of at least AU$1 billion, to
publicly report
country-by-country (CbC) tax information. The new Labor Government announced on 25 October, 2022 in its
budget paper that MNC’s public CbC tax reporting will begin from 1 July, 2023. Australia’s public CbC reporting rules will apply to all companies headquartered in Australia and companies headquartered elsewhere with sufficient nexus in the country.
Latin America and the Caribbean is no longer a young region and it will be one of the regions with the largest aging populations by 2050, which poses great challenges due to the social inequalities the countries face, but also opportunities to overcome them.
On 25 January, roughly six weeks after being sworn in following her predecessor’s removal, Peruvian president Dina Boluarte finally
recognised that elections were the only way out of political crisis. Elections were
rescheduled for April 2024, much earlier than the end of the presidential term she’s been tasked with completing, but not soon enough for thousands who’ve taken to the streets demanding her immediate resignation.
Last month, we joined more than 1000 representatives from all sectors of civil society who came together in Santiago de Chile to debate the future of – and threats to - public services the world over.
Few policymakers ever claim credit for causing stagnation and recessions. Yet, they do so all the time, justifying their actions by some supposedly higher purpose.
The environmental priority for South America in 2023 can be summed up in the management of its terrestrial and marine protected areas, together with the challenges of the extractivist economy and the transition to a green economy with priority attention to the most vulnerable populations.
Martín Rapetti, a fourth generation farmer in the province of Corrientes in northeastern Argentina, has already lost more than 30 cows due to lack of food and water, as a result of the long drought that is plaguing a large part of the country. “There is no grass; the animals have to sink their teeth into the dry earth,” he says with resignation.
As the year 2022 drew to an end, the United Nations Conference on Trade and Development (UNCTAD) warned, “
Developing countries face ‘impossible trade-off’ on debt”, that spiralling debt in low and middle-income countries (LMICs) has compromised their chances of sustainable development.
“Our electric power is of bad quality, it ruins electrical appliances,” complained Jesus Mota, 63. “In other places it works well, not here. Just because we are indigenous,” protested his wife, Adélia Augusto da Silva, of the same age.
The G20 India Presidency is marked by unprecedented geopolitical, environmental, and economic crises. Rising inflation threatens to
erase decades of economic development and push
more people into poverty. Violent extremism is also on the rise as a result of increasing global inequality, and the
rule of law is in decline everywhere. All of these challenges impact the G20's goal of realizing a faster and more equitable post-pandemic economic recovery.
But as India prioritizes its agenda for 2023, it is corruption that is at the heart of all of these other problems- and which poses the greatest threat to worldwide peace and prosperity.