News headlines for “Global Financial Crisis”, page 2

  1. The Sun Powers a Women's Bakery in Brazil's Semi-arid Northeast

    Thursday, August 02, 2018

    POMBAL, Brazil, Aug 02 (IPS) - "The sun which used to torment us now blesses us," said one of the 19 women who run the Community Bakery of Varzea Comprida dos Oliveiras, a settlement in the rural area of Pombal, a municipality of the state of Paraiba, in Brazil's semi-arid Northeast.

  2. Transforming Food Systems: Today’s Realities and Tomorrow’s Challenges

    Wednesday, August 01, 2018

    WASHINGTON, Aug 01 (IPS) - The world's food systems face two immense challenges today. One, to produce enough food to nourish a global population of seven billion people without harming the environment. Two, to make sure food systems deliver nutrition to everyone, particularly the world's poorest, many of whom suffer from chronic under-nutrition.

  3. Is Thailand Making Progress Towards Reaching its Climate Change Mitigation Goals?

    Wednesday, August 01, 2018

    BANGKOK, Aug 01 (IPS) - As preparations are underway for an important formal discussion between countries committed to the Paris Agreement; Thailand, Southeast Asia's second-largest economy, has been determining its progress towards reducing greenhouse gas (GHG) emissions by 20 to 25 percent by 2030. But experts have warned against merely emphasising policies to affect real changes.

  4. Global Economy Vulnerable a Decade After

    Monday, July 30, 2018

    SYDNEY & KUALA LUMPUR, Jul 30 (IPS) - Ten years ago, deteriorating confidence in the value of US sub-prime mortgages threatened a liquidity crisis. The US Federal Reserve injected considerable capital into the market, but could not prevent the 2008-2009 global financial crisis (GFC).

    The 2008 meltdown exposed the extent of finance-led international economic integration, with countries more vulnerable to financial contagion and related policy ‘spillovers' exacerbating real economic volatility. It also revealed some vulnerabilities of the post-Second World War (WW2) US-centred international financial ‘architecture' – the Bretton Woods system – modified after its breakdown in the early 1970s.

  5. ‘Agromafia’ Exploits Hundreds of Thousands of Agricultural Workers in Italy

    Friday, July 27, 2018

    ROME, Jul 27 (IPS) - In Italy, over 400,000 agricultural labourers risk being illegally employed by mafia-like organisations, and more than 132,000 work in extremely vulnerable conditions, enduring high occupational suffering, warns the fourth report on Agromafie and Caporalato.

  6. Globalization, Inequality, Convergence, Divergence

    Thursday, July 26, 2018

    KUALA LUMPUR, Malaysia, Jul 26 (IPS) - Economic divergence among countries and regions was never pre-ordained. According to the late cliometrician Angus Madison and other economic historians, the great divergence between the global North and South, between developed and developing countries, began around five centuries ago, from the beginning of the European, particularly Iberian colonial conquests.

  7. Q&A: Indonesia Takes Steps to Reduce Emissions – But It’s Not Enough

    Wednesday, July 25, 2018

    JAKARTA, Jul 25 (IPS) - Since 2013, the Global Green Growth Institute has been working with the government of Indonesia promoting green growth. IPS correspondent Kanis Dursin interviewed Indonesia Deputy Country Representative Dagma Zwebe about the country's steps in mitigating climate change.

    The South Asian nation of Indonesia is the world's fifth-largest emitter of greenhouses gases (GHG) and is ranked as the world's second-largest plastic polluter of oceans, just behind China. So when the country committed in the Paris Agreement to limit the rise in average global temperatures to below 2°C by unconditionally reducing its emissions by 29 percent with using its own finances and by 41 percent with international funding, many felt the goals too ambitious.

  8. Trade War - Developing Countries Should Respond

    Tuesday, July 24, 2018

    PENANG, Malaysia, Jul 24 (IPS) - Martin Khor is Advisor to the Third World Network, and a former Executive Director of the South Centre.

    The escalating trade war initiated by United States President Donald Trump is a major threat to world trade and the global economy. The developing countries will be among those most affected. It is time for them to respond and speak out.

  9. Sustainable Agriculture To End World Hunger

    Tuesday, July 24, 2018

    UNITED NATIONS, Jul 24 (IPS) - Significantly more investment is needed to lift hundreds of millions rural poor out of poverty and make agriculture environmentally sustainable, according to Rob Vos, director of the markets, trade and institutions division at the International Food Policy Research Institute (IFPRI).

  10. Palestine to Lead UN’s Largest Group of Developing Nations

    Tuesday, July 24, 2018

    UNITED NATIONS, Jul 24 (IPS) - The Group of 77 (G77) -- the largest single coalition of developing countries at the United Nations-- is to be chaired by Palestine, come January.

    "It's a historical first, both for Palestine and the G77," an Asian diplomat told IPS, pointing out that Palestine will be politically empowered to collectively represent 134 UN member states, including China.

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