News headlines for “Global Financial Crisis”

  1. Public-Private Partnerships Fad Fails

    Tuesday, May 21, 2019

    KUALA LUMPUR, Malaysia, May 21 (IPS) - After the failure and abuses of privatization became apparent, public-private partnerships have since been promoted ostensibly to mobilize private finance for the public purpose. In all too many cases, PPPs have socialized costs and losses while ensuring private financial gains.After the failure and abuses of privatization and contracting-out services from the 1980s, there has been renewed appreciation for the role of the state or government. Earlier promoters of privatization have taken a step backward, only to take two more forward to instead promote public-private partnerships (PPPs).

  2. Cyclones and Struggling Economy Could Impact Mozambique’s Elections

    Monday, May 20, 2019

    MAPUTO, May 20 (IPS) - Mozambique, which was affected by an unprecedented two tropical cyclones over a matter of weeks, is still reeling from the impact a month after the latest disaster. But resultant devastation caused by the cyclones could impact the country's elections as concerns are raised over whether the southern African nation can properly hold the ballot scheduled for later this year.

  3. Unlocking the Power of Women

    Wednesday, May 15, 2019

    NEW YORK, May 15 (IPS) - Katja Iversen is the President and CEO of Women Deliver*

    This June, thousands will flock to Vancouver for a global dialogue on how to accelerate progress for girls and women under the banner of power, progress and change.

  4. Global Hunger Is Threatening Families Because of Climate Change

    Wednesday, May 15, 2019

    NAIROBI, Kenya, May 15 (IPS) - Siddharth Chatterjee is the United Nations Resident Coordinator to Kenya.

    There is barely a corner of human life that will not be affected by climate change, and some of its impacts are already being felt. Consider this, 821 million people are now hungry and over 150 million children stunted, putting the hunger eradication goal, SDG 2, at risk.

    Today 15 May, is the United Nations International Day of Families and the theme for this year is, ‘Families and Climate Action'.

  5. Devastating Epidemic of Crime & Insecurity in Latin America & Caribbean

    Wednesday, May 15, 2019

    UNITED NATIONS, May 15 (IPS) - Luis Felipe López-Calva is UN Assistant Secretary-General and UNDP Regional Director for Latin America and the Caribbean

    Development is a very uneven process, accompanied by heterogeneity in outcomes across sectors, across regions and across income groups. Such process, Albert Hirschman elegantly established about 60 years ago, constantly generates tensions and demands for redistribution of resources and power. In this sense, conflict is inherent to development.

  6. Privatization Solution Worse than Problem

    Tuesday, May 14, 2019

    KUALA LUMPUR, Malaysia, May 14 (IPS) - In order to make the case for privatizing state-owned enterprises, their real problems were often exaggerated in order to make the case for privatization from the 1980s.

    Privatization has not provided the miracle cure for the problems (especially inefficiencies) associated with the public sector. The public interest has rarely been well served by private interests taking over from the public sector. Growing concern over the mixed consequences of privatization has spawned research worldwide.

  7. Urgent Action Vital to Stop Twin Crises of Nature’s Destruction & Climate Change

    Monday, May 13, 2019

    LONDON, May 13 (IPS) - Andrew Norton is Director of the International Institute for Environment and Development (IIED)

    The Intergovernmental Platform on Biodiversity and Ecosystem Services' report on the global state of biodiversity is shocking but not entirely surprising. The question is, how much more evidence and repeated warnings will it take for governments, companies and financial institutions to wake up to the urgency and act?

  8. America First as a Threat to Mulitlateralism

    Monday, May 13, 2019

    STOCKHOLM / ROME, May 13 (IPS) - On 25 April, Joseph Biden announced his candidacy for the US presidency, declaring that his decision was based on fears of Trump being re-elected:

  9. South Africans Look to New Government to Rebuild a Stagnant Economy

    Friday, May 10, 2019

    CAPE TOWN, South Africa, May 10 (IPS) - Millions of South Africans headed out in large numbers, some braving cold and wet weather to cast their ballot in the country's sixth democratic elections this week. The 2019 election was one of the most competitive and contested elections that also saw a whopping 48 parties on the national ballot—up 300 percent from a mere 10 years ago.

  10. The Age of the Internet Calls for Younger Leaders

    Friday, May 10, 2019

    ACCRA, May 10 (IPS) - Days before Algeria's 82-year-old strongman president Abdelaziz Bouteflika was ousted from power, the country made one last ditch attempt to keep control: it shut down the internet.

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