From Havana to Bali, Third World Gets the Trade Crumbs

The world of today is considerably different from the one at the end of the Second World War; there are no more any colonies, though there are still some 'dependent' territories.

U.S. Debating “Historic” Support for Off-Grid Electricity in Africa

Pressure is building here for lawmakers to pass a bill that would funnel billions of dollars of U.S. investment into strengthening Africa’s electricity production and distribution capabilities, and could offer broad new support for off-grid opportunities.

Fragility of WTO’s Bali Package Exposed

The “fragility” of the World Trade Organization’s ‘Bali package’ was brought into the open at the weekend meeting in Sydney, Australia, of trade ministers from the world’s 20 major economies (G20).

As Winds of Change Blow, South America Builds Its House with BRICS

While this week's BRICS summit might have been off the radar of Western powers, the leaders of its five member countries launched a financial system to rival Bretton Woods institutions and held an unprecedented meeting with the governments of South America.

India’s Cut-Rose Sector Pushes Past Barriers

U.S. Accused of Forcing EU to Accept Tar Sands Oil

Newly publicised internal documents suggest that U.S. negotiators are working to permanently block a landmark regulatory proposal in the European Union aimed at addressing climate change, and instead to force European countries to import particularly dirty forms of oil.

International Reform Activists Dissatisfied by BRICS Bank

The creation of BRICS’ (Brazil, Russia, India, China and South Africa) own financial institutions was “a disappointment” for activists from the five countries, meeting in this northeastern Brazilian city after the group’s leaders concluded their sixth annual summit here.

BRICS Forges Ahead With Two New Power Drivers – India and China

The Sixth BRICS Summit which ended Wednesday in Fortaleza, Brazil, attracted more attention than any other such gathering in the alliance’s short history, and not just from its own members – Brazil, Russia, India, China and South Africa.

BRICS Build New Architecture for Financial Democracy

The BRICS alliance (Brazil, Russia, India, China and South Africa) launched the New Development Bank (NDB) and Contingency Reserve Arrangement (CRA) during its sixth summit, institutionalising a new financial architecture for the emerging powers.

Russia Hoping Cuba Can Help Spur Trade with Latin America

Amid deteriorating relations with the West, Russian President Vladimir Putin is looking to diversify a Russian economy that is tightly linked to European markets. Fittingly, an old Soviet-era satellite state seems eager to lend a helping hand.

North’s Policies Affecting South’s Economies

Since the onset of the crisis, the South Centre has argued that policy responses to the crisis by the European Union and the United States has suffered from serious shortcomings that would delay recovery and entail unnecessary losses of income and jobs, and also endanger future growth and stability. 

Big Business Opportunities Seduce BRICS Entrepreneurs

The growing vitality of the group of countries made up of Brazil, Russia, India, China and South Africa (BRICS), which is beginning to formalise its institutions even as it tries to bridge very disparate realities, seems to be partly cemented by increasing links between its companies.

OPINION: Why Asia-Europe Relations Matter in the 21st Century

Hopes are high that the 10^th Asia-Europe Meeting – or ASEM summit – to be held in Milan on October 16-17 will confirm the credibility and relevance of Asia-Europe relations in the 21^st century.

Europe and the United States, Allies in Crisis

A few decades ago, even before the end of the Cold War and before and after Ronald Reagan’s election to the White House, analyses regularly referred to U.S. decadence. At other times, it was Europe’s turn for pessimistic descriptions, especially when it could not overcome its ambivalence over deepening integration, and above all because of the failure of its constitutional project. 

New BRICS Monetary Fund May Reproduce Inequalities

The first common institutions to be set up by Brazil, Russia, India, China and South Africa – the BRICS – are financial, and have arisen as a result of reforms to an international system that continues to largely ignore the growing influence of emerging countries.

Greek Privatisation of Key Sectors Meets Strong Opposition

Plans by the Greek government to sell companies that handle the key resources of energy and water face serious obstacles and its policy to offer investors exceptional privileges in an effort to boost interest in privatisation is coming under strong pressure.

Macau Gambling Away Its Future

Macau’s gaming boom just keeps on giving. Gambling revenues soared to a new high of 45 billion dollars last year, a whopping 18.6 percent rise over 2012 and the city’s sixth straight year of record earnings.

U.S. Overseas Coal Financing May Be Restarting

Landmark new policies that have sharply curtailed U.S. financing for international coal projects may be rolled back, the result of a sudden, polarised fight over a little-known government agency here.

Cuba-United States – Something Is Moving

In ‘Hard Choices’, her new book about her experiences as Secretary of State during U.S. President Barack Obama’s first term (2008-2012), Hillary Clinton writes something of prime importance about Cuba – she says that late in her term in office she urged Obama to reconsider the U.S. embargo against Cuba.

Salvadoran Peasant Farmers Clash With U.S. Over Seeds

Under a searing sun, surrounded by a sea of young maize plants, Gladys Cortez expresses her fears that her employment in the cooperative that produces seed for the Salvadoran government may be at risk, if United States companies achieve participation in seed procurement.

Africa Under “Unprecedented” Pressure from Rich Countries Over Trade

African countries are coming under strong pressure from the United States and the European Union to reverse the decision adopted by their trade ministers to implement the World Trade Organization’s trade facilitation agreement on a “provisional” basis.