The U.S. Supreme Court’s decision to reject an appeal by the Argentine government will embolden aggressive “holdout” creditors, anti-poverty groups say, and make it far more difficult to arrive at debt-relief agreements for poor countries.
In April 2004, Argentina began to steadily cut natural gas exports to neighbouring Chile, triggering a major energy crisis and revealing structural problems in this vital sector.
Amid simmering territorial conflicts across the Western Pacific, specifically between China and its neighbours in the South and East China Seas, coupled with China rising to the rank of top trading partner with Japan, South Korea, Australia and the Association of Southeast Asian Nations (ASEAN), the Obama administration has been hard-pressed to re-assert its strategic footprint in the region.
The seven-year-old got bored after running here and there for five minutes, amidst a group of a dozen classmates. He eventually stomped off the field because he hadn’t managed to kick the ball even once.
As it turns 50, the United Nations Conference on Trade and Development (UNCTAD) finds itself engaged in an ongoing struggle to reduce economic and social inequalities in the world.
U.S. companies newly operating in Myanmar have until the end of the month to file official reports detailing the actions they’ve taken to ensure that their investments comply with safeguards around land, human rights and other concerns.
More than six years after the global financial crisis broke out, European Union (EU) countries continue to protect banks and investments funds from tougher rules, despite abundant evidence of recurrent criminal or reckless activities in the sector, and new accumulation of enormous financial risks.
While Mauritius has been forced to transform its sugar industry because of low prices for the commodity, the country’s small-scale sugarcane farmers who contribute to it say they are barely earning a living.
Major donor countries will unveil next week a new initiative aimed at strengthening the ability of developing countries’ governments to negotiate complex contracts, particularly around the extractives sector.
Six years after the financial crisis, Wall Street’s housing alchemy engine is revving up again - only this time it’s coming for your rental.
How much does a forest cost? What’s the true economic value of an ocean? Can you pay for an alpine forest or a glacial meadow? And – more importantly – will such calculus save the planet, or subordinate a rapidly collapsing natural world to market forces?
It is unlikely that Brazilians will listen to the audacious call made by Michel Platini – a great player in his time and now the politicking president of the Union of European Football Associations (UEFA) – on Apr. 26: “Brazil, make an effort for a month, calm down!”
High up in the eucalyptus-strewn Entoto Mountains, which overlook the Ethiopian capital, Addis Ababa, work is nearly complete on the country’s first observatory. Studying the stars and the galaxies will be vital for this Horn of Africa nation’s development and will hopefully also go a long way to developing brotherly love, say scientists who are part of the project.
With over 20,000 international participants, a triple summit wrapping up today in Singapore is generating an abundance of ideas on sustainable cities.
With its lush valleys and well-watered plains, Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province produces plenty of food for the local population, including 10 million tons of wheat every year. So why are the people of this bountiful mountainous region going hungry?
Two years ago, it would have taken Catherine Adjoua almost an hour to travel from M’Badon, the isolated fishing area where she lives that has no asphalt roads, to reach her workplace some 13 kilometres away in Abidjan, Côte d’Ivoire’s economic capital.
For the first time, nearly 1,300 U.S. companies have filed reports on whether the products they manufacture or sell are made with minerals that have bankrolled conflict in the Great Lakes region of central Africa.
In the past 15 years, China has gone from being a relatively insignificant economic partner in Latin America to the number-one trading partner of some of the largest economies in the region.
Aleksander Mizdrakin is convinced he knows who Russia’s future international partners are – and they’re not in Europe, nor is the United States among them.
When night falls, there are over 1.3 billion people, mostly in the developing world, who live in virtual darkness because they have no access to electricity.
New investments from the International Finance Corporation (IFC), the World Bank’s private-sector investment arm, may perpetuate economic inequality rather than alleviate poverty in Myanmar, critics here are warning.