United Arab Emirates and Cuba Forge Closer Ties

Cuba and the United Arab Emirates agreed to strengthen diplomatic ties and bilateral cooperation during an official visit to this Caribbean island nation by the UAE minister of foreign affairs, Sheikh Abdullah bin Zayed Al Nahyan.

Emerging Industrial Power Rises From Aid Beneficiary to Donor Nation

Back in 1996, when South Korea voluntarily quit the 132-member Group of 77 (G77) – described as the largest single coalition of developing nations -- it joined the 34-member Organisation for Economic Cooperation and Development (OECD), long known as the “rich man’s club” based in Paris.

Even the Rich Have Not Harnessed Full Potential of Digital Economy

The digital economy permeates countless aspects of the world economy, impacting sectors as varied as banking, retail, energy, transportation, education, publishing, media or health. But the full potential of the digital economy has yet to be realised even in the world’s most advanced and emerging countries, says a new report.

Opinion: Developing Nations Set to Challenge Rich Ahead of SDG Summit

The final round of negotiations on the Sustainable Development Goals – the successor to the Millennium Development Goals, due to be inaugurated in September at the U.N. General Assembly – is now underway in New York.

Global Tax-Evasion Crackdown Sidestepping Poorest Countries

While a major global campaign to cut down on tax evasion is picking up momentum, anti-poverty advocates say the initiative overlooks the world’s poorest countries.

Child Poverty in Spain Seen Through the Eyes of Encarni

“I would like to have a big house, and I wish my family didn’t have to go out and ask for food or clothes,” Encarni, who just turned 12, tells IPS in the small apartment she shares with five other family members in a poor neighbourhood in the southern Spanish city of Málaga.

The Changing Face of Caribbean Migration

Ruth Osman is attractive and well-groomed in tailored slacks and a patterned blouse, topped by a soft jacket worn open. Her demeanour and polished accent belie the stereotypical view that most Caribbean nationals have of Guyanese migrants.

Mexico’s Wind Parks May Violate OECD Rules

Four wind farm projects in the southern Mexican state of Oaxaca, operated or financed by European investors, could violate Organisation for Economic Cooperation and Development (OECD) rules, say activists.

U.S. Economy Will Grow But Not Trickle Down, OECD Warns on Inequality

Even though the U.S. economy is now expected to grow – albeit sluggishly – over the coming two years, inequality will not improve without policy reforms, a major grouping of rich countries is warning.

OECD in “Game-Changing” Move to Halt Tax Evasion

A major grouping of rich countries has unveiled a new model for the automatic exchange of certain individual financial information between countries, aimed at significantly cutting down on offshore tax evasion.

OECD Proposes Plan to Curb International Tax Avoidance

Finance ministers from the Group of 20 (G20) countries on Friday received a previously requested strategy under which the world’s largest economies could crack down on international tax avoidance, particularly on the part of multinational corporations.

Japan’s Aid Programme Takes a Selfish Turn

As Japan slips from its former top spot as the world’s biggest donor, experts here are worried about long-term changes in the country’s development assistance programme, which has played a crucial role in global poverty reduction efforts.