Argentina Seeks to Restructure Debt Held by Vulture Funds

As a sign of Argentina’s willingness to repay its bondholders, President Cristina Fernández introduced a bill for a new swap of the foreign debt held by “holdout” creditors who refused earlier restructurings after the country’s late 2001 default.

Zimbabwe Sails Close to Economic Rocks

For President Robert Mugabe to defeat the opposition in the Jul. 31 election by hook or by crook may have been a walk in the park, but beating the economic crisis will be another matter. The stock market fell 11 percent the day he was sworn in, the biggest fall in a day since 2009.

U.S. Court Ruling Boosts Vulture Funds at Developing World’s Expense

A recent U.S. court ruling over a fight between Argentina and its creditors on Wall Street will increase global poverty by making it easier for "vulture funds" to seize the assets of indebted nations, according to anti-debt campaigners who are urging the U.S. government to overturn the decision.

Q&A: Everyone Loses in War Over Amazon Dams

In the war over major hydropower dams in the Amazon jungle, everyone loses - even the winners who manage to overcome the opposition and build them, but who suffer delays, costs that are difficult to recoup, and damage to their image.

U.S. Sells Attack Helicopters to Indonesia amid Rights Concerns

U.S. Secretary of Defence Chuck Hagel announced Monday that Washington is going forward with a controversial sale of eight attack helicopters to the Indonesian government, despite concerns that the gunships will be used for internal repression.

Uruguay Prepares for Iron Rush

A bill that would regulate large-scale mining operations is making its way through Uruguay’s two houses of parliament, despite a lack of political consensus and vocal opposition from environmental organisations and other sectors of civil society.

Civil Society Calls for Vote on Drilling in Ecuador’s Yasuní Park

The Ecuadorean government’s decision to allow oil drilling in the Yasuní National Park, one of the most biodiverse areas of the planet, has caused alarm among environmentalists and indigenous people, who are calling for a referendum on the issue.

Nicaragua’s New Canal Threatens Biggest Source of Water

The law passed in Nicaragua to grant a concession to a Chinese company to build a canal between the Pacific and Atlantic oceans repealed legislation that protects Lake Cocibolca and its tributaries.

Mining in Chile Going Back Underground

Declining mineral content, the need to preserve the environment, and technological advances are causing big mining companies to turn back to underground mining in what is a rising trend in Chile and around the world, experts say.

Civil Society Trial Finds Oil Corp Guilty in Colombia

An “ethical and political trial on pillaging of natural resources” in Colombia condemned three foreign corporations, including Canada’s Pacific Rubiales Energy, which has dozens of oil and natural gas operations around the country.

The World Trade Organisation after Eight Transformational Years

On Aug. 31, I will be stepping down after eight years as Director-General of the World Trade Organisation (WTO).

Caribbean Economies Battered by Storms

The Caribbean is in danger of becoming “a region of serial defaulters” with respect to international debt obligations, according to one expert, and this may partly be due to its economies suffering frequent shocks from natural disasters.

Ecological Cuban Recipes Boost Sustainable Agriculture

Vilda Figueroa and her husband, José Lama, live in Marianao on the outskirts of Havana, where they share hundreds of recipes based on Cuban-grown foods and sun-drying, along with other ecological food preservation methods.

Opponents of Fracking Seek to Thwart Shale Gas Finance

Non-governmental organisations are putting pressure on multilateral financial institutions not to finance production of shale gas by hydraulic fracturing or fracking because of the high environmental costs they say are associated with this method.

Crossing Borders with Trade

Experts are agreed that the key to unlocking the economic potential of the Southern African Development Community lies in easing cross-border flows of people, goods, capital and services.

The Role of the State in Developing Countries under Attack from New FTAs

Two new trade agreements involving the two economic giants, the United States and the European Union, are leading a charge against the role of the state in the economy of developing countries.

Building the Future Enterprise by Enterprise in Rural Peru

Women and young people are central players in dozens of small businesses and environmental protection plans that are changing the lives of poor rural families in the Andes highlands of southern Peru.

Tanzanian Traders Seek Rescue From Chinese

The Chinese characters boldly painted on a supermarket poster in Tanzania’s commercial capital Dar es Salaam say a lot about the growing influence of China on this east African nation. 

Linking Fair and SQUAR in Myanmar

What’s less than two months old, has hit the headlines globally, and has more than 79,000 ‘likes’ and over 16,000 people talking about it?

Where Banks Need Less Regulation

Leading bankers are concerned that the regulatory environment in some southern African states is preventing them from offering a full range of services to individuals and companies across the region.

Now Tunisia Begins to Shake

Tunisia was plunged into political strife when opposition leader Mohamed Brahmi was assassinated late last month, triggering widespread pro- and anti-government demonstrations across the country. In the days since his death the North African nation has faced a further series of terrorist attacks that have threatened to destabilise a country seen as a model for post-revolution democracy in the region.