Trade & Investment

Developing Nations Seek U.N. Retaliation on Bank Cancellations

The 132-member Group of 77, the largest single coalition of developing nations, has urged Secretary-General Ban Ki-moon to provide, "as soon as possible...alternative options for banking services" in New York City following the mass cancellation of bank accounts of U.N. missions and foreign diplomats.

Colombia’s Breadbasket Feels the Pinch of Free Trade

“Things are getting worse and worse,” Enrique Muñoz, a 67-year-old farmer from the municipality of Cajamarca in the central Colombian department of Tolima, once known as the country’s breadbasket, said sadly.

Fracking, Seismic Activity Grow Hand in Hand in Mexico

Scientists warn that large-scale fracking for shale gas planned by Mexico’s oil company Pemex will cause a surge in seismic activity in northern Mexico, an area already prone to quakes.

Wanted: Foreign Investment in Cuba

A new law opening Cuba up to foreign investment and a shift in the country’s relations with the European Union are aimed at seeking outside support to overcome the chronic crisis plaguing the country since the early 1990s.

20 Years On – Rwanda Uses Genocide Reconciliation to Boost Economic Growth

It’s almost 20 years now since Sylidio Gashirabake, a Hutu, was a perpetrator in Rwanda’s genocide. It’s also almost 20 years since his neighbour, Augustin Kabogo, a Tutsi, lost his sister and family in the violence. But today, both men work side-by-side in their joint business venture in Kirehe district in southeastern Rwanda.

Côte d’Ivoire’s Middle Class – Growing or Disappearing?

“I’m middle class. Definitively,” Sonia Anoh, a young and independent 30-year-old Ivorian tells IPS. Anoh has a master’s degree, earns 1,470 dollars a month working in marketing, lives alone, owns a car and is now shopping for a home. 

Ethiopia’s Textile Manufacturers Benefit from Global Interest

The sign for Salem’s directs you off a busy road in Addis Ababa, down a side street to a compound where multiple pairs of feet move up and down working treadles, and wooden shuttles flit back and forth, as Ethiopian sheumanoch — weavers — ply their trade.

Port Development Brings Progress to Brazil – At a Price

“We are victims of progress,”complained Osmar Santos Coelho, known as Santico. His fishing community has disappeared, displaced to make way for a port complex on São Marcos bay, to the west of São Luis, the capital of the state of Maranhão in Brazil’s northeast.

Ethiopia’s Female Fashion Designers Embrace Tradition to Boost Sales

Female fashion designers are drawing on Ethiopia’s rich cultural heritage and adding a modern twist to find success at home and increasingly impress abroad. 

Trade – Growth Recovering but Restrictions on the Rise

The Bali Package, approved on Dec. 7 by the World Trade Organisation (WTO) members, was a historic achievement, representing a significant boost for trade, growth and development around the world. But its true significance lies in what it allows us to do next to conclude the Doha Development Agenda.

Russians Stand Strong Against Sanctions

As the West imposes what have been called the most comprehensive sanctions on Russia since the end of the Cold War, many ordinary Russians say they have no fear of any economic measures the United States or the European Union may take against their country.

Monk Sparks Row Between Spain and China

Thubten Wangchen, a Tibetan Buddhist monk with Spanish nationality, has become a thorn in Spain-China relations since Spanish High Court judge Ismael Moreno sought international arrest orders for top Chinese leaders last month following a petition by the monk.

Swiss Step Up Arms Exports, Peacefully

Switzerland has eased its restrictions on arms exports - in order to save a few thousand workplaces. Critics fear that Switzerland's credibility as an international peace broker will now suffer.

Koreans Embrace Some Old Ways

Old family bonds still seem to run deep in the South Korea of today. For evidence, one need only look at the yearning of the elderly to meet their long separated kin in North Korea during last month’s historic family reunions.

Russian Arms to Egypt Threaten to Undermine U.S. in Mideast

Russia, which is at loggerheads with Washington over the spreading political crisis in Ukraine, is threatening to undermine a longstanding military relationship between the United States and one of its traditional allies in the Middle East: Egypt.

A Matter of Life and Death

If you or some family members or friends suffer from cancer, hepatitis, AIDS, asthma or other serious ailments, it’s worth your while to follow the negotiations on the Trans Pacific Partnership Agreement and other similar bilateral trade agreements.

Congress Pressured on Multinational Corporate Accountability

Advocacy and accountability groups are urging the U.S. Congress to enact new mechanisms that would allow it to hold multinational corporations accountable for rights infringements abroad.

Tahrir Square Finds a GrEEK Neighbour

The group of buildings near Tahrir Square could be modern campus-style office space anywhere. It’s hard to believe that just outside the heavy steel gates lies downtown Cairo, the noisy, polluted and now troubled heart of Egypt.

North Korea Doing Fine Without the South

If the North Korea of the 1990s was seen as a starving nation that produced an exodus of hungry people, then the picture should be even gloomier now – six years after it stopped receiving South Korea’s generous aid. But it’s not. The nation of 24 million people, widely said to be the most secretive in the world and a nuclear threat, appears to have weathered the years well.

Smuggled Medicines Save Lives

They are contraband, yet a large number of Pakistanis have come to depend on drugs made in India and smuggled into Pakistan. Patients as well as doctors say these are cheap and effective, even as law enforcers look the other way.

‘Humanitarian Crisis’ for Ogaden Living Near Ethiopia’s Oil Fields

New allegations of scorched earth evictions of the Ogaden people have raised concerns that a lack of benefit sharing could escalate instability in the region and reinforce separatist tensions as foreign energy companies prepare to extract oil and gas from troubled southeastern Ethiopia.

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