News headlines for “Global Financial Crisis”

Opinion: Illicit Financial Flows

Friday, April 29, 2016

KUALA LUMPUR, Malaysia, Apr 29 (IPS) - International capital flows are now more than 60 times the value of trade flows. The Bank of International Settlements (BIS) is now of the view that large international financial transactions do not facilitate trade, and that excessive financial ‘elasticity' was the cause of recent financial crises.

World Farmers’ Organisation Meeting Eyes New Markets, Fresh Investment

Friday, April 29, 2016

LIVINGSTONE, Zambia, Apr 29 (IPS) - ‘No Farmer, No Food' is an old slogan that the Zambia National Farmers' Union still uses. Some people consider it a cliché, but it could be regaining its place in history as agriculture is increasingly seen as the answer to a wide range of the world's critical needs such as nutrition, sustainable jobs and income for the rural poor.

UN Predicts 40 Percent Water Shortfall by 2030

Thursday, April 28, 2016

UNITED NATIONS, Apr 28 (IPS) - Ten presidents and prime ministers from around the world will work together to resolve the growing global water crisis amid warnings that the world may face a 40 percent shortfall in water availability by 2030.

Opinion: Increasing Productivity Key to Revive Growth and Support Sustainable Development in Asia and the Pacific

Thursday, April 28, 2016

BANGKOK, Thailand, Apr 28 (IPS) - The Asia-Pacific region's successful achievement of the 2030 Agenda for Sustainable Development needs to be driven by broad-based productivity gains and rebalancing of economies towards domestic and regional demand. This is the main message of the Economic and Social Survey of Asia and the Pacific 2016, published today by the Economic and Social Commission for Asia and the Pacific. Such a strategy will not only underpin the revival of robust and resilient economic growth, but also improve the quality of growth by making it more inclusive and sustainable.

The Hypocrisy of the West and Fiscal Paradise

Wednesday, April 27, 2016

ROME, Apr 27 (IPS) - 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.

G-77 Should Adopt South-South Climate Change Program of Action: Ambassador Djoghlaf

Tuesday, April 26, 2016

UNITED NATIONS, Apr 26 (IPS) - 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.

OPINION: World Economy in Serious Difficulty: Call for Bold Measures

Tuesday, April 26, 2016

GENEVA, Apr 26 (IPS) - 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.

Mauritian Farmers Go Smart

Tuesday, April 26, 2016

PORT-LOUIS, Mauritius, Apr 26 (IPS) - Fifty year-old Prem Kanoosingh rages against his peers who excessively apply chemicals, mostly pesticides and fertilisers, to their crops. "They make cocktails from several products and they use them on their crops. They are criminals", he shouted at a function where the Food and Agricultural Research and Extension Institute launched a bio-farming project in early March 2016.

Harvesting Rainwater to Weather Drought in Northeast Argentina

Monday, April 25, 2016

CORZUELA, Argentina, Apr 25 (IPS) - In a semiarid region in the northeast Argentine province of Chaco, small farmers have adopted a simple technique to ensure a steady water supply during times of drought: they harvest the rain and store it in tanks, as part of a climate change adaptation project.

Ecosystem Conservation Gives Hope to a Vulnerable Community

Monday, April 25, 2016

KASKI, Nepal, Apr 25 (IPS) - 42 year-old Saraswati Subedi still remembers the night she almost died in a flash flood. "I heard the cries of my neighbours and ran out of the room with my two children. There was water all around and I thought we were going to die, so I started to pray," says the mother of the three in Karki Tahara – a village by the river Harpan Khola in Nepal's Kaski district.

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