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.

Generation and Self-Consumption, the Path to Clean Energy in Argentina

With large projects held back by the economic crisis and lack of infrastructure, Argentina seems to be looking at an alternative path towards a more sustainable energy mix involving small renewable energy projects, promoted by environmentally aware industries, businesses and private users.

Raising Retirement Age Coming Soon

Despite the objections, resistance and protests taking place in many countries around the world, raising the official retirement age to receive government provided pension benefits is coming soon.

War, Famine, Disease, Disasters – 2022 – a Year Staring at Apocalypse

A year that started with Russia’s invasion of Ukraine and is ending with famine in Africa, while still spreading death and misery through an enduring pandemic and a deteriorating climate crisis -- 2022 has been an apocalyptic warning of the frailty of our planet and the woeful shortcomings of humankind.

The Energy Dilemmas of Roraima, a Unique Part of Brazil’s Amazon Region

"Roraima did not have a Caribbean character; now it does, because of its growing relations with Venezuela and Guyana," said Haroldo Amoras, a professor of economics at the Federal University of this state in the extreme north of Brazil.

Digital Treatment of Genetic Resources Shakes Up COP15

In addition to its nutritional properties, quinoa, an ancestral grain from the Andes, also has cosmetic uses, as stated by the resource use and benefit-sharing permit ABSCH-IRCC-PE-261033-1 awarded in February to a private individual under a 15-month commercial use contract.

Four Ways to Overcome Corruption in the Race Against Climate Crisis

Climate change is the defining issue of our time. In the words of the UN Secretary General at COP27, “we are on a highway to climate hell with our foot still on the accelerator.” Cutting greenhouse gas emissions to net-zero by 2050 is crucial when it comes to meeting the 1.5 degrees Celsius target.

New Political Agreement Finally Tackles Venezuela’s Social Crisis

The social crisis and humanitarian emergency in Venezuela became international headline news again once the government and the opposition, bitter adversaries for two decades, agreed to direct three billion dollars in state funds held abroad to social programs.

Borderlands and Bloodbaths: The case of Congo and Ukraine

During November, soldiers of the March 23 Movement (M23) have been approaching Goma in the eastern territory of the Democratic Republic of the Congo (DRC), close to the Rwandan border. About 180.000 people are now leaving Goma, a city with a million inhabitants. Many stakeholders are involved in the conflict and there is an apparent danger that the overall carnage that affected the Congolese eastern border areas fifteen years ago will resume. At the same time, war is ranging in Ukraine, which name likely comes from the old Slavic term for borderland.

The Poor, Squeezed by 10 Trillion Dollars in External Debts

The external debt of the world’s low and middle-income countries at the end of 2021 totalled 9 trillion US dollars, more than double the amount a decade ago. Such debt is expected to increase by an additional 1.1 trillion US dollars in 2023.