Economy & Trade

How (Much) Are You Today?

Gone are those times when catastrophes were measured in terms of human suffering. Now, with an exception: Ukrainians victims of the Russian invasion, everything is calculated in just money.

Digital Politics: “Disconnected Citizens Are Kept Away from Opportunities”

In 2022, Saudi Arabia “quietly” sentenced Salma al-Shehab to 34 years in prison over her Twitter activity, marking the longest Saudi sentence ever for a peaceful activist. Fast forward and award-winning Ugandan author Kakwenza Rukirabashaija was charged with two counts of "offensive communication" after making unflattering remarks about the president and his son on Twitter. The message is clear: your well-crafted 280 characters can land you in jail.

Delivering On Our Promise of Universal Education

As we mark the International Day of Education, world leaders must make good on their promise of providing quality education for all by 2030. Education is our investment in peace where there is war, our investment in equality where there is injustice, our investment in prosperity where there is poverty.

We Want to Be Legal; We’re Not ‘Zama Zama’ Criminals Say South African Artisanal Miners

Mining towns across South Africa have become hostage to a booming but bloody illegal mining economy.

Unstoppable Gas Leaks in Mexico

A dark mole dots the brown earth, among the green scrub at this spot in southeastern Mexico. A repetitive “glug, glug,” a noise sounding like a thirsty animal, and an intense stench lead to this site, hidden in the undergrowth, where a broken pipe has created a pool of dense oil.

Africa Wants IMF Special Drawing Rights Re-Allocated to Finance Its Development

African countries, many reeling under high debt and experiencing economic recession, could benefit from the reallocation of Special Drawing Rights (SDR), financial instruments of the International Monetary Fund (IMF).

The People of Africa Need Relief: the Biden Administration can Provide it

United States Treasury Secretary Janet Yellen is traveling to South Africa, Zambia, and Senegal this week in the hopes of strengthening U.S.-Africa relations at a time of waning U.S. influence on the continent — the first in a series of Biden administration trips announced at last month’s U.S.-Africa Leaders Summit.

The Climate Conversations

Climate change is a global problem that requires a global solution. However, negotiating a solution has been challenging due to several factors. One of the main reasons that recent COP Climate summits and other international climate talks have not been able to resolve climate change is that there is a lack of consensus among countries on how to address the issue. Developed countries, which have historically been the largest emitters of greenhouse gases, are often unwilling to take on significant emissions reductions or to provide financial assistance to developing countries to help them adapt to the effects of climate change.

The Value of Strong Multilateral Cooperation in a Fractured World

The multilateral system, even in the face of heightened geopolitical tension and big power rivalry, remains the uniquely inclusive vehicle for managing mutual interdependencies in ways that enhance national and global welfare. The complex challenges of a global pandemic, climate emergency, inequality and the risk of nuclear conflict cannot be dealt with by one country or one region alone. Coordinated collective action is required.

The Year of Inflation Exposes Dogma and Class Bias

Inflation worries topped Ipsos’s What Worries the World survey in 2022 overtaking COVID concerns. The return of inflation caught major central banks, e.g., the US Federal Reserve (Fed), Bank of England, European Central Bank “off guard”. The persistence of inflation also surprised the International Monetary Fund (IMF). The return of inflation and its persistence exposed the poverty of the economics profession, unable to agree on its causes and required policy responses. It also exposed the profession’s anti-working class biases.

Africa’s Vast Arable Land Underutilized for Both Cash and Food Crops

Concerns are rife that while Africa is growing more crops, these are not for food and that on the current trajectory, present food import costs into Africa, now estimated at 55 billion US dollars a year, could double by 2030.

Demography Doesn’t Care

Demography doesn’t care about such things as national strikes over pension retirement ages, public protests about contraception and abortion rights, sexual orientation, habits and preferences, political ideology and party affiliation, dress codes and head coverings, and religious identity, beliefs and practices.

African Journalists: More Training & Resources will Boost Climate Change Coverage

At the end of a five-minute newscast from a makeshift studio in Sharm El Sheikh, Egypt, the venue of COP27, Cotonou-based journalist Ghyslaine Florida Zossoungbo was able to provide real-time information to her compatriots back home in the Republic of Benin.

More Austerity in 2023 Will Fuel Protests

This week world leaders meet in Davos to discuss cooperation to address multiple crises, from COVID-19 and escalating inflation to slowing economic growth, debt distress and climate shocks.

Security Policy is more than Defence with Weapons

If our societies are to become resilient and sustainable, our priorities must change towards de-escalation, including in diplomacy and economy.

Why U.S.-Africa Relations — and Africa — Matter More Now Than Ever

 President Biden and leaders of 49 invited African countries and the African Union met in Washington last month for the U.S.-Africa Leaders Summit — a meeting that all parties hope will launch a strengthened partnership to deliver benefits for the peoples of both the U.S. and Africa.  

Greening the City Gets Community Treatment in Zimbabwe

It's a typical story in Bulawayo, Zimbabwe's second-largest city. With the failure to provide services such as refuse collection by the local municipality, township residents dump garbage wherever they fancy, and with time, dumpsites become "official."

Deportees Start Businesses to Overcome Unemployment in El Salvador

While grilling several portions of chicken and pork, Salvadoran cook Oscar Sosa said he was proud that through his own efforts he had managed to set up a small food business after he was deported back to El Salvador from the United States.

Conflicts, Climate Change Threaten Sprouting of Africa’s Great Green Wall

Escalating conflict and climate change threaten the implementation of the Great Green Wall Initiative (GGWI), an ambitious land restoration project across Africa.

Money Laundering & Corruption Risks in Latin America

Over the last decades, the private investment fund sector has grown into a multi trillion-dollar industry. Private investment funds are vulnerable to money laundering because they contain a variety of structural risk factors that help camouflage illicit behavior.

Living Another Year Dangerously

2022 has been a year of great uncertainty when it seemed the world perilously reached the brink of self-destruction – be it human-induced climate change or military conflict. Welcoming 2022, we had enough reasons to be optimistic; but it was another ‘year of living dangerously’ – Tahun vivere pericoloso in the words of Soekarno, or an annus horribilis in the words of the late Queen Elizabeth.

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