Financialization has worsened inequality through various channels, including macroeconomic policies. For example, quantitative easing and low, if not negative interest rates have fuelled credit and asset price bubbles, while fiscal spending cuts have adversely affected those depending on government assistance.
Israeli Prime Minister Benjamin (Bibi) Netanyahu was slapped corruption charges last week while he was hobnobbing with US President Donald Trump in Washington. Bibi has, apparently, done his homework in psychology. He knew the quickest way to get around Trump was to flatter him.
With over 37,500 staffers in its global Secretariat payroll, the United Nations has gone high alert as the deadly coronavirus continues to take a heavy toll worldwide.
The Israeli human rights organization B’Tselem has described the much-ballyhooed US Middle East peace plan as “more like Swiss cheese-- with the cheese being offered to the Israelis and the holes to the Palestinians”.
Growing up in New York City in the 1970s, Edward Glaeser saw a great metropolis in decline. Crime was soaring. Garbage piled up on sidewalks as striking sanitation workers walked off the job. The city teetered on the edge of bankruptcy.
The unease in the relations between the US and Iran have been in the international news for around a month now. Both sides have not shied away from using outright methods of warfare like the use of ballistic missiles and assassinations, along with attempts at economic and diplomatic sanctions.
Donald Trump, the vociferously unpredictable US president, has long chastised China for seeking “unfair” advantage over trade and tariffs, violating intellectual property rights and “manipulating” the country’s currency to its advantage.
The UN’s ongoing cash crisis, which has virtually destabilized the Organization’s day-to-day operations, has also undermined the human rights mandate of the Geneva-based Human Rights Council (HRC).
In an increasingly unequal and divided world, what role can education play to achieve sustainable development globally?
2020 marks the 75th anniversary of the United Nations. I draw tremendous strength from all that we represent and all that we have achieved together.
UN Secretary-General Antonio Guterres declared last week that the United Nations just “managed to survive its deepest financial crisis in a decade.”
As the United Nations commemorates its 75th anniversary this year, the financially-crippled Organization is also saddled with a rash of administrative problems, plus an ongoing cash crisis, perhaps one of the worst in history.
The United States and 18 other UN member states have come under fire for denying a woman’s legitimate right to “bodily autonomy”—the right to self-governance over one’s own body without coercion or external pressure.
Pat Buchanan, a senior advisor to three US Presidents and twice candidate for the Republican presidential nomination, once infamously described the United States Congress as “Israeli-occupied territory” -– apparently because of its unrelentingly blind support for the Jewish state.
One of the highlight activities as the United Nations commemorates its 75th anniversary this year will be the launch of an “annual temperature check” on Sustainable Development Goals (SDGs), progress. With only ten years left to the final whistle for the Goals, this activity that will take place each September will provide a snapshot of what’s working, and where countries need more action.