Trade & Investment

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.

Indonesia’s Presidential Hopefuls Face Up to Deforestation

As the world’s third-largest democracy heads to the polls next week to elect a new president, environmental activists remain sceptical of the candidates’ commitment to tackle climate change.

Inequality Blocks Path to “Gold” in Latin America

Inequality, poor infrastructure and declining trade are some of the problems that Latin America needs to overcome if the region truly wishes to achieve a “golden age”, according to Peru’s President Ollanta Humala.

No Limits to Shale Gas Chemicals in Mexico

The new legal framework for Mexico’s oil industry has not placed controls on the use of harmful chemicals in the extraction of unconventional fossil fuels, and environmentalists and experts fear their consumption will increase in an industry that is opening up to private capital.

Violence Casts Shadow Over ‘Himalayan Viagra’ Harvest in Nepal

Intense competition during harvest season for a fungus dubbed ‘Himalayan Viagra’ – coveted for its legendary aphrodisiac qualities – has sparked violence in Nepal’s remote western mountains, causing concern among security officials here about the safety of more than 100,000 harvesters.

Community Resilience Tops U.N.’s Disaster Relief Agenda

The Bangkok Declaration on Disaster Risk Reduction in Asia and the Pacific adopted at the close of the 6th Asian Ministerial Conference On Disaster Risk Reduction (AMCDRR) here today emphasised community-based solutions, and reflects a growing global desire to focus more on grassroots actions in the face of catastrophic climate change.

EU Aims to Scuttle Treaty on Human Rights Abuses

When the United Nations began negotiating a Code of Conduct for Transnational Corporations (TNCs) back in the 1970s, the proposal never got off the ground because of vigourous opposition both from the powerful business community and its Western allies.

From Genocide to African Catwalks – How Rwandan Women are Building their Lives and the Fashion Industry

Before Rwanda’s 1994 genocide, Salaam Uwamariya’s husband, a professor, was the family breadwinner, providing for her and their eight children. Uwamariya sold vegetables at a nearby market to supplement their income.

Senegal Walks a Fine Line Between Development and Environmental Protection

While the cement factories in Senegal are at war, ostensibly over the environmental impact one company will have on this West African nation, experts have cautioned that as the government plans to radically develop and industrialise the country, striking a balance between environmental protection and development will be key.

Afghans Look Beyond Elections

With protests erupting Thursday over alleged voter fraud during Afghanistan’s first-ever democratic transfer of power, and presidential hopeful Abdullah Abdullah announcing his intention to boycott the electoral process, ordinary Afghans are beginning to despair that they will ever start to feel a sense of normalcy in their country, ravaged by years of civil war.

Argentina Once More on the Map, Invited by BRICS

As Argentina starts to mend fences with the international financial markets, the emerging powers that make up the BRICS bloc invited it to their next summit. This could be a step towards this country’s reinsertion in the global map, after its ostracism from the credit markets since the late 2001 debt default.

Women Herders Bring Change

When Sangan Bhai, a humble man in the Kutch region of India’s western state of Gujarat, was offered a position as an executive member of the local camel breeder’s association, he made a decision that surprised his community: instead of accepting the prestigious post he offered his wife’s name instead.

Picture the World as a Desert

Try to imagine an expanse of barren land, stretching for miles, with no trace of greenery, not a single bough to cast a sliver of shade, or a trickle of water to moisten the parched earth. Now imagine that desert expanding by 12 million hectares a year. Why? Because it’s already happening.

Argentina Seeks to Ward Off “Paradoxical” Default

Argentina finds itself in a strange position since the U.S. Supreme Court rejected its appeal Monday to take a case in which a small group of creditors is suing this country for full repayment: it is on the brink of default even though it is one of the countries in the world that has done the most to dig itself out of debt.

U.S. Supreme Court “Validates” Vulture Fund Activities

The U.S. Supreme Court’s decision to reject an appeal by the Argentine government will embolden aggressive “holdout” creditors, anti-poverty groups say, and make it far more difficult to arrive at debt-relief agreements for poor countries.

Natural Gas – Both Crisis and Solution in Chile

In April 2004, Argentina began to steadily cut natural gas exports to neighbouring Chile, triggering a major energy crisis and revealing structural problems in this vital sector.

Obama’s Free Trade Strategy Falters in Asia

Amid simmering territorial conflicts across the Western Pacific, specifically between China and its neighbours in the South and East China Seas, coupled with China rising to the rank of top trading partner with Japan, South Korea, Australia and the Association of Southeast Asian Nations (ASEAN), the Obama administration has been hard-pressed to re-assert its strategic footprint in the region.

FIFA World Cup – Where the Spectacle Is the Champion

The seven-year-old got bored after running here and there for five minutes, amidst a group of a dozen classmates. He eventually stomped off the field because he hadn’t managed to kick the ball even once.

Q&A: “Some Individuals Are Now as Wealthy as Entire Countries”

As it turns 50, the United Nations Conference on Trade and Development (UNCTAD) finds itself engaged in an ongoing struggle to reduce economic and social inequalities in the world.

Deadline Looms for Due Diligence Reporting on U.S. Investments in Myanmar

U.S. companies newly operating in Myanmar have until the end of the month to file official reports detailing the actions they’ve taken to ensure that their investments comply with safeguards around land, human rights and other concerns.

Despite Crisis, Europe Continues to Protect Its Banksters

More than six years after the global financial crisis broke out, European Union (EU) countries continue to protect banks and investments funds from tougher rules, despite abundant evidence of recurrent criminal or reckless activities in the sector, and new accumulation of enormous financial risks.

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