As the five members of the BRICS group of emerging economies – Brazil, Russia, India, China and South Africa – tighten ranks and seek to expand their global influence, the inevitable trade spats have begun.
Mahalakshmi, a housewife married to a farmer, is afraid for her family’s future. The fifty-two-year-old woman is also frustrated that Indian authorities have "betrayed" poor villagers.
As the United Nations continues to intensify the promotion of South-South cooperation among member states, Asia plans to take a great leap forward in regional economic integration during the next decade.
Rebels in Central African Republic have said they have halted their advance on the capital, Bangui, and would participate in dialogue, as head of regional African forces warned them against making further moves.
Days before leaders of the European Union (EU) arrived in Norway to collect this year’s Nobel Peace prize, Thai public health activists sent a letter to the northern powerhouse, warning that the EU’s 2012 accolades face a credibility test in this Southeast Asian country.
To go down fighting in the Andean Community (CAN), with a combined market of 92 million consumers, or move up to the big leagues of Mercosur, with 275 million? This was the dilemma faced by Bolivia’s foreign trade strategists when it came to pursuing full membership in the bloc formed by its neighbours to the south.
"We never used to eat carrots, but now we like them," said Rebeca Soba, admiring her vegetable garden, an island of diversity in the midst of a vast sugarcane plantation.
Vegetable gardening has been introduced at the Capanda Agroindustrial Pole (PAC) as a source of income for local small farmers.
"Adaptation to climate change is urgent and must be part of development," said Bárbara Pesce-Monteiro, the United Nations resident coordinator in Cuba, assessing the damage done by hurricane Sandy in the eastern region of the country.
“When someone in Peru sneezes, someone in Brazil catches a cold. When a barrel of oil is produced in Ecuador, a neighbouring country ends up buying it,” says prominent environmentalist Yolanda Kakabadse.
South Africa plans to boost links between Africa and its partners in the Brazil, Russia, India and China alliance at a landmark summit, which will be held in this country in March, Xavier Carim, deputy director general at the Department of Trade and Industry, told IPS.
China’s presence in the leading developing nations alliance of Brazil, Russia, India and China has given the bloc an advantage that another developing nations club, India, Brazil and South Africa, has hitherto been lacking, according to Peter Draper, one of South Africa’s leading experts on international relations and trade.
Artists-in-residence, once found only in the industrialised North, can now be found throughout Latin America, which is hosting artists from different parts of the world to produce and exhibit their work. There are also opportunities for visiting artists simply to seek inspiration.
The five leading developing nations grouped in the BRICS alliance – Brazil, Russia, India, China and South Africa – are planning to intensify efforts to collect accurate trade data, so they can get a better picture of trade flows.
Politicians in the leading developing nations have been active in boosting mutual ties, as one way of counterbalancing the influence of the developed world. But the economic success of the Brazil, Russia, India, China, and South Africa and the India, Brazil, and South Africa groupings will depend on the extent to which businesses take advantage of the new opportunities which are being created.
As governments struggle to find ways out of the persistent global financial crisis, Brazil’s development model offers an alternative path to recovery and growth, according to some economists and politicians.
For a brief moment last month, mainstream international media turned the spotlight on Cambodia, one of the world’s 48 least developed countries (LDCs), as a high-level visit from U.S. President Barack Obama and the annual summit of the Association of Southeast Asian Nations (ASEAN) gave this country of 14.3 million people a glamorous edge.
Gathering for the first time here in Washington, representatives of the newly established human rights commission of the Organisation of Islamic Cooperation (OIC) stated Thursday that they plan to start their substantive work by the end of the month.
Chile is turning to South-South cooperation to help define the most effective strategies and options for reducing its greenhouse gas (GHG) emissions in the face of global climate change.
South Africa has experienced a significant shift in trade with a new emphasis on links with developing nations, at the expense of traditional partners in the developed world, according to a leading South African economist.
The Kwanza river in the heart of Angola will be a symbol of Brazilian partnership in African development when power stations along the country's main source of water are fully operational.
Foreign direct investment (FDI) both into and out of developing countries is at or nearing record levels, an arm of the World Bank reported on Thursday.