Conflict with Local Communities Hits Mining and Oil Companies Where It Hurts

Conflicts with local communities over mining, oil and gas development are costing companies billions of dollars a year. One corporation alone reported a six billion dollar cost over a two-year period according to the first-ever peer-reviewed study on the cost of conflicts in the extractive sector.

When China Sneezes, Latin America Gets the Flu

China’s massive urbanisation has been built, literally, by metal, supplied mostly by Latin American countries (LAC). Yet now China’s slowing economic growth and falling commodity prices threaten Latin American commodity booms.

Militancy Pushes Northern Pakistan Close to Industrial Collapse

Already saddled with a veritable catalogue of crises, Pakistan’s largest province, the Khyber Pakhtunkhwa (KP) now finds itself on the verge of industrial collapse, as extortion and kidnappings drive away all prospects for production or employment.

Lagging Urban Transport Works Hinder World Cup Sustainability

Brazil’s efforts to promote the image of an environmentally sustainable World Cup have focused on the stadiums built for the tournament. But the 12 cities where the matches will be played are in a race against time to complete the urban transport projects.

Trade Misinvoicing Costs African Countries Billions

Misinvoiced trade in five African countries cost their governments billions of dollars in tax revenue and facilitated at least 60.8 billion dollars in illicit financial flows from 2002 to 2011, says a new report by Global Financial Integrity (GFI), a research advocacy organisation here.

Investor Treaties in Trouble

The tide is turning against investment treaties and free trade agreements that contain the controversial investor-state dispute system, which allows foreign investors to take up cases against host governments and claim compensation of up to billions of dollars.

Community Electricity Lights Up Spain

Until recently it was inconceivable for small groups of organised citizens in fully electrified industrialised countries like Spain to generate their own power from clean sources of energy, challenging the prevailing energy model.

Piping the Waters of Southern Chile to the Thirsty North

Three private sector initiatives are aimed at carrying water from the rivers in southern Chile to the arid north of the country by ship or through underwater or underground pipelines. The objective is to slake the thirst of the mining industry of this country, the world’s largest producer of copper.

DR Congo’s Red Light to Invention

"There are several robots in the world, but that one which regulates traffic is made in Congo," Thérèse Izayi, a female engineer and the Congolese inventor of two very unusual traffic signals, tells IPS.

UAE Diplomatic Offensive in Latin America

The visit by United Arab Emirates Foreign Minister Sheikh Abdullah Bin Zayed Al Nahyan to Uruguay, Paraguay and Peru brings to an end 10 days of unusually intense diplomatic activity by the Gulf nation in Latin America.

The Opportunity of a Plastic Bag

The European Union was founded to create conditions for a lasting peace on the old continent, establishing an internal market, integrating agriculture and industry. As new generations emerge that have never experienced war or terrorism in Europe, the concept of quality of life increasingly dominates the debate. Will Europe offer its citizens the future all aspire to?

Chilean Tax Reform Shifts Toward Income Redistribution

Chilean President Michelle Bachelet’s proposed tax reform is seen as the cornerstone of her ambitious social programme and a sign of a new shift in fiscal policy towards redistribution of income.

Zimbabwe’s Struggle to Formalise the Informal

Zimbabwe’s extensive informal sector could help boost government revenue if regularised, but this won’t happen unless the government creates incentives for the informal sector to register, economists say.

Storm in a Rice Bowl

Rice, a staple of the South Korean diet, is stirring up a bowlful of worry for Seoul. Under a promise to the World Trade Organisation (WTO), the government has to make a tough choice on rice imports by June this year.

Cuba’s Burgeoning Private Sector Hungry for Flora and Fauna

The lack of markets to supply raw materials for Cuba’s new private sector, along with the poverty in isolated rural communities, is fuelling the poaching of endangered species of flora and fauna.

The Global Trading System Aims to Improve Children’s Lives

Although some people don’t see the connection, the global trading system is aimed at creating some of the essential conditions needed to improve children’s lives and their prospects in the future.

Informal Carpentry Hammers Away Zimbabwe’s State Revenue

Tracy Chikwari, a 36-year-old single mother of two and informal furniture dealer in Harare, Zimbabwe’s capital, is all smiles as she talks about her flourishing business.

Sweet Dreams are Made of Rwandan Ice Cream

From all across Rwanda, and even from parts of neighbouring Burundi, people flock to the southern town of Butare to a little shop called Inzozi Nziza or Sweet Dreams. They come here for a taste of something of the unknown, something most have never tasted in their lives — the sweet, cold, velvety embrace of ice cream.

Is Puerto Rico Going the Way of Greece and Detroit?

Puerto Rican society has been shaken to its foundations by the announcement in February by Standard & Poor's and Moody's credit rating agencies that they had downgraded the island's creditworthiness to junk status.

Q&A: Malawi’s President Banda Confident ‘I Will Win this Election’

Malawi's President Joyce Banda is campaigning ahead of next month's elections to extend her term of office. But many believe that the massive public service corruption scandal here has weakened her chances of winning.

World Cuts Back Military Spending, But Not Asia

For the second year in a row, the world is spending a little less on the military. Asia, however, has failed to get the memo. The region is spending more at a time when many others are spending less.