News headlines for “Global Financial Crisis”

  1. Another global financial crisis for developing countries?

    Tuesday, September 18, 2018

    SYDNEY & KUALA LUMPUR, Sep 18 (IPS) - George Soros, Bill Gates and other pundits have been predicting another financial crisis. In their recent book, Revolution Required: The Ticking Bombs of the G7 ModelPeter Dittus and Herve Hamoun, former senior officials of the Bank of International Settlements, warned of ‘ticking time bombs' in the global financial system waiting to explode, mainly due to the policies of major developed countries.

  2. Crisis Drives Nicaragua to an Economic and Social Precipice

    Monday, September 17, 2018

    MANAGUA, Sep 17 (IPS) - Five months after the outbreak of mass protests in Nicaragua, in addition to the more than 300 deaths, the crisis has had visible consequences in terms of increased poverty and migration, as well as the international isolation of the government and a wave of repression that continues unabated.

  3. The Causes Behind Africa's Digital Gender Divide

    Friday, September 14, 2018

    MAPUTO, Sep 14 (IPS) - Systemic inequalities based on gender, race, income and geography are mirrored in the digital realm and leave many women, especially the poor and the rural, trailing behind Africa's tech transformation.

  4. South-South Cooperation in a Transformative Era

    Thursday, September 13, 2018

    UNITED NATIONS, Sep 13 (IPS) - Jorge Chediek is Director, UN Office of South-South Cooperation (UNOSSC) and Envoy of the Secretary-General on South-South Cooperation.On 12 September, the international community commemorated the UN Day for South-South Cooperation. This is an important acknowledgement of the contributions of Southern partnerships in addressing the many development challenges that confront the international community, such as poverty, climate change, inequality, contagious diseases and humanitarian crises.

  5. Q&A: Achieving Sustainable Goals: “In the End it is All About People. If People Want, it Will Happen.”

    Wednesday, September 12, 2018

    STOCKHOLM, Sep 12 (IPS) - Manipadma Jena interviews the Deputy Director and Water Sector Lead at the Global Green Growth Institute's (GGGI) Investment and Policy Solutions Division, PETER VOS.Today just over two billion people live without readily available, safe water supplies at home. And more than half the world's population, roughly 4.3 billion people, live in areas where demand for water resources outstrips sustainable supplies for at least part of the year.

  6. “Running Out Of Time” - Local Communities Mobilise for the Climate

    Wednesday, September 12, 2018

    UNITED NATIONS, Sep 12 (IPS) - Local communities across the globe have risen up to demand commitments on climate change, as frustration mounts over the lack of action.

  7. Law of the Sea Convention Expands to Cover Marine Biological Diversity

    Tuesday, September 11, 2018

    COLOMBO, Sri Lanka, Sep 11 (IPS) - Dr Palitha Kohona is former Ambassador and Permanent Representative of Sri Lanka to the United Nations & former co-Chair of the UN Adhoc Working Group on Biological Diversity Beyond Areas of National Jurisdiction.

    Responding to a persistent demand by developing countries, the conservation community and science, the UN General Assembly has commenced a process for bringing the areas beyond national jurisdiction in the oceans under a global legally binding regulatory framework.

  8. Great Recession, greater illusions

    Tuesday, September 11, 2018

    SYDNEY and KUALA LUMPUR, Sep 11 (IPS) - In 2009, the world economy contracted by -2.2%. Growth in all developing countries declined from around 8% in 2007 to 2.6% in 2009 as the developed world contracted by -3.8% in 2009. The collapse of the Lehmann Brothers investment bank in September 2008 symbolized the US financial crisis that triggered the Great Recession of 2008-2009.

  9. UN Begins Talks on World’s First Treaty to Regulate High Seas

    Friday, September 07, 2018

    UNITED NATIONS, Sep 07 (IPS) - After several years of preliminary discussions, the United Nations has begun its first round of inter-governmental negotiations to draft the world's first legally binding treaty to protect and regulate the "high seas"—which, by definition, extend beyond 200 nautical miles (370 kilometers) and are considered "international waters" shared globally.

  10. Climate Change Becomes a Reality Check for the North

    Wednesday, September 05, 2018

    WAGENINGEN, The Netherlands, Sep 05 (IPS) - "This season, the month of May was particularly hot and dry," says Leo De Jong, a commercial farmer in Zeewolde, in Flevopolder, the Netherlands. Flevopolder is in the province of Flevoland, the largest site of land reclamation in the world. Here a hectare of land costs up to 100,000 Euros. "At the moment, we are spending between 20,000 and 25,000 Euros per week on irrigation."

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