The publication of the Panama Papers has now been digested, like any scandal, after just a few days. We are now getting so accustomed to scandals, that it is confusing, and the general public reaction often is: all are corrupt and politics is all about corruption.
Collusion, according to the dictionary, means “secret or illegal cooperation or conspiracy, especially in order to cheat or deceive others.” That is what the world’s political and economic elites engage in, according to Danny Sriskandarajah, secretary general of the international civil society alliance CIVICUS.
The 134 members of the Group of 77 and China (G-77) made their mark on the Paris Climate Change Agreement and should now adopt a program of action to implement it, Ambassador Ahmed Djoghlaf told IPS in a recent interview.
The US was the cause of the crisis but has come out better than anyone else in the advanced world and better than many developing countries. During the crisis there was a widespread perception that this was the end of US hegemony. It was end of the dollar as the major reserve currency.
As the campaign for a new UN Secretary-General (UNSG) gathers momentum, there is one lingering question that remains unanswered: does the now-defunct Eastern European political alliance have a legitimate claim for the job on the basis of geographical rotation?
Investing in new entrepreneurs who bring a holistic approach to food sustainability is one way that the food movement can overcome mounting global challenges from environmental degradation to food waste.
As countries came together at the United Nations this week to sign the Paris Climate Change Agreement, partnerships were forged between countries of the global South to support the implementation of the global treaty.
An unprecedented 175 countries signed the Paris Climate Change Agreement here Friday, with 15 developing countries taking the lead by also ratifying the treaty.
Unlike Wikileaks’ exposes, the recent Panama revelations were quite selective, targeted, edited and carefully managed. Most observers attribute this to the political agendas of its mainly American funders. Nevertheless, the revelations have highlighted some problems associated with illicit financial flows, as well as tax evasion and avoidance, including the role of enabling governments, legislation, legal and accounting firms as well as shell companies.
The traditional definition of aid is being eroded at the same time that governments have committed to achieving the UN's ambitious Sustainable Development Goals (SDGs), Jeffrey Sachs special adviser to the UN Secretary-General on development told IPS Thursday.
The Paris Climate Change Treaty represents an historic step forward in the international effort to address the crisis. The Alliance of Small Island States (AOSIS) played a key role in its adoption and were instrumental in winning the inclusion of the 1.5-degree temperature goal.
The Food and Agriculture Organization of the United Nations (FAO) in partnership with Biodiversity International and the Permanent Mission of Italy to the UN (Rome based UN agencies) jointly organized a seminar on “Soils and pulses: symbiosis for life”, providing a platform to stakeholders, including governments, research organizations, civil society and the private sector, to deliberate increased pulses production and consumption and its relation to higher productivity and fertility of soils. 2016 is the International Year of Pulses as declared by the United General
Assembly.
In many countries, a criminal record, even for a minor offense can have serious implications. Being convicted of a criminal offence renders one ineligible for certain jobs, social grants or benefits or from even being able to exercise one’s right to vote. It can also severely limit the ability to travel to certain countries and can result in the loss of custody of minor children. As prison conditions are often poor and health care services limited, a custodial sentence can have implications on the health outcomes of individuals.
On the 17th of April, Italians were called to vote in a national referendum, on the extension of licenses to extract petrol and gas from the seas. The government, the media and those in the economic circles, all took a position against the referendum, claiming that 2000 jobs were at a stake. The proponents of the referendum (among them five regions), lost. Italy is following a consistent trend, after the Summit on Climate Change (Paris December 2015), in which all countries (Italy included) took a solemn engagement to reduce emissions.
International drug conventions ultimately aim to ensure the health and welfare of humankind, UN Deputy Secretary-General Jan Eliasson said here Tuesday at the opening of a special three-day session on drugs known as UNGASS.
Over 150 countries are expected to sign the Paris climate change agreement on April 22 but the historic treaty will not come into force until it has been ratified by 55 countries.
While the main US motivation for the Trans Pacific Partnership (TPP) has been to counter China’s influence in the region, it has also been used to undermine the Doha ‘Development’ Round of trade negotiations to better advance politically influential US corporate interests. Hence, it has become all the more necessary to legitimize the TPP in terms of its ostensible benefits. Touted as a ‘gold standard’ 21st century trade deal, it is nonetheless necessary to ascertain what gains can really be expected and whether these exceed its costs.
Over one hundred developing countries continue to be left out of global tax cooperation negotiations despite leaks such as the Panama papers showing the high cost of tax avoidance.
After hundreds of questions were posed to nine candidates vying for the role of United Nations Secretary-General this week, a lasting question remains; will the UN’s new leader stand for the powerful or the powerless?
In the wake of releasing the IMF’s latest assessment of the global economy, Chief Economist Maurice Obstfeld noted in his blog, “Global growth continues, but at an increasingly disappointing pace that leaves the world economy more exposed to negative risks. Growth has been too slow for too long.”
The financial secrecy and tax evasion revealed by the Panama Papers has an extraordinary human cost in developing countries and threatens the realisation of the UN’s ambitious Sustainable Development Goals.