News headlines for “G8: Too Much Power?”, page 2

  1. Foreign Investment Expands in Cuba…Despite Everything

    Saturday, November 25, 2017

    HAVANA, Nov 25 (IPS) - "Maybe many of us thought that this project was a dream six years ago, but not anymore. The geography has completely changed, because of everything that has been built and the investments that have been approved," said Nathaly Suárez, director of Construction Management at the Mariel Special Development Zone (ZEDM).

  2. Goodbye Mugabe, Hello New Zimbabwe?

    Tuesday, November 21, 2017

    BULAWAYO, Zimbabwe, Nov 21 (IPS) - Robert Mugabe - the world's oldest head of state - is dead, politically at least.

  3. Coping with Foreign Direct Investment

    Tuesday, November 21, 2017

    SYDNEY and KUALA LUMPUR, Nov 21 (IPS) - Foreign direct investment (FDI) is increasingly touted as the elixir for economic growth. While not against FDI, the mid-2015 Addis Ababa Action Agenda (AAAA) for financing development also cautioned that it "is concentrated in a few sectors in many developing countries and often bypasses countries most in need, and international capital flows are often short-term oriented".

  4. For Africa to Root out Modern Day Slave Trade, Youth Empowerment Is Crucial

    Tuesday, November 21, 2017

    NAIROBI, Kenya, Nov 21 (IPS) - If the thought of a man armed with a rifle and driving with whips a group of African men, women, and children to sell them at a slave market makes you marvel at what kind of greed motivated such revolting barbarity centuries ago, the shocking truth is that we are witnessing a 21st century repeat of that abhorrent practice on African soil.

  5. Ethnic Violence in Ethiopia Amid Shadowy Politics

    Tuesday, November 21, 2017

    NEAR THE OROMIA-SOMALI REGIONAL BORDER, Ethiopia, Nov 21 (IPS) - Ethnic animosity unleashed in Ethiopia has displaced hundreds of thousands as well as rendering all manner of usually sacrosanct loyalties obsolete.

  6. Who Are Kenya’s Financially Excluded?

    Monday, November 20, 2017

    WASHINGTON DC, Nov 20 (IPS) - The recent 2017 Finscope Tanzania report shows that while mobile money use in Tanzania continues to grow, the percentage of financially excluded adults has risen in parallel — from 27 percent in 2013 to 28 percent in 2017.

  7. Beyond Piketty: on income inequality

    Monday, November 20, 2017

    New Delhi, Nov 20 (IPS) - Have demonetisation and the GST aggravated income inequality?

    With the Gujarat State elections barely a few weeks away, the debate on the Indian economy has become increasingly polarised. While the official view of demonetisation unleashed in November 2016 elevates it to a moral and ethical imperative, the chaos caused by the goods and services tax (GST) launched on July 1, 2017is dismissed as a short-run transitional hiccup. Both policies, it is asserted, are guaranteed to yield long-term benefits, unmindful of large-scale hardships, loss of livelihoods, closure of small and medium enterprises and slowdown of agriculture. Critics of course reject these claims lock, stock and barrel. Lack of robust evidence is as much a problem for the official proponents of these policies as it is for the critics. Hence the debate continues unabated with frequent hostile overtones.

  8. Finance Following Growth

    Tuesday, November 14, 2017

    SYDNEY and KUALA LUMPUR, Nov 14 (IPS) - Economists of all persuasions recognize the critical role of finance in economic growth. The financial sector's stability and depth are widely considered important in this connection.

  9. Are Prospects of Rural Youth Employment in Africa a Mirage?

    Monday, November 13, 2017

    NEW DELHI, Nov 13 (IPS) - Many recent accounts tend to dismiss productive employment of youth in rural areas in Africa as a mirage largely because they exhibit strong resistance to eking out a bare subsistence in dismal working and living conditions. We argue below on recent evidence of agricultural transformation that this view is overly pessimistic, if not largely mistaken.

  10. Aid Groups Sound Alarm on DRC Crisis

    Monday, November 13, 2017

    UNITED NATIONS, Nov 13 (IPS) - The Democratic Republic of the Congo (DRC) is on the brink of a humanitarian crisis and the international community must step in before it worsens, humanitarian agencies warn.

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