News stories by Isabel Ortiz

  1. Two Summits in Bangkok: IMF/World Bank and Finance Ministers Inside, the People’s Assembly Outside

    - Inter Press Service

    BANGKOK, Thailand, October 19 (IPS) - Bangkok hosted two summits last week. Inside the Queen Sirikit Convention Center, more than 15,000 finance ministers, central bank governors and CEOs of the world’s largest banks and corporations attended the Annual Meetings of the International Monetary Fund (IMF) and the World Bank. They flew in business class and slept in five-star hotels to talk about growth, inflation and public spending, and thus to decide the destiny of billions of people they will never meet. Outside, hundreds of social movements and civil society organizations held the People’s Assembly, for the 99% whose voice would not be heard. They flew economy and often shared modest rooms. The first was the summit of money and power. The second, the summit of the rest of us.

  2. Austerity and Privatization Weakened OECD Education Systems

    - Inter Press Service

    BRUSSELS / GENEVA, October 5 (IPS) - The results of the OECD PISA 2025 report point to the marked deterioration of results in countries whose education systems were once considered exemplary.

  3. AI Will Destabilize Jobs, the Middle Class and the Welfare State Unless We Act in Time

    - Inter Press Service

    NEW YORK, June 26 (IPS) - Artificial intelligence (AI) promises remarkable gains in productivity, science, medicine and education. But it is also poised to wipe out millions of jobs, hollow out the middle class, and drain the tax revenues that pay for hospitals, schools and pensions. The process has already begun, and the time to act is running out.

  4. The World Social Summit in Doha: Time to Act

    - Inter Press Service

    DOHA, November 12 (IPS) - Qatar hosted the Second World Summit for Social Development from 4–6 November. According to the United Nations, more than 40 Heads of State and Government, 230 ministers and senior officials, and nearly 14,000 attendees took part. Beyond plenaries and roundtables, more than 250 “solution sessions” identified practical ways to advance universal rights to food, housing, decent work, social protection or social security, education, health, care systems and other public services, international labor standards, and the fight against poverty and inequality.

  5. Financing for Whom? The Financing for Development Summit Must Address Social Dimensions

    - Inter Press Service

    NEW YORK, Apr 24 (IPS) - The Fourth International Conference on Financing for Development (FfD4) will bring world leaders together to forge a new international consensus on how to finance a better future for all. Yet, in practice, the first drafts of its outcome reveal a glaring omission: people. Despite rhetoric about inclusivity, the drafts are strikingly weak on social issues, as if financing and macroeconomic policies exist in a vacuum, detached from the lives they impact.

  6. The World Social Forum: The counterweight to the World Economic Forum

    - Inter Press Service

    KATHMANDU, Nepal, Feb 23 (IPS) - This week the 2024 annual meeting of the World Social Forum (WSF) was held in Nepal. There were fifty thousand participants from over 90 countries, exchanging strategies to address the multiple global crises, from climate catastrophes to unfettered capitalism, inequality, social injustice, wars and conflict.

  7. More Austerity in 2023 Will Fuel Protests

    - Inter Press Service

    NEW YORK, Jan 13 (IPS) - This week world leaders meet in Davos to discuss cooperation to address multiple crises, from COVID-19 and escalating inflation to slowing economic growth, debt distress and climate shocks.

  8. Austerity: A Raging Storm for the Developing World that can be Avoided

    - Inter Press Service

    LONDON / NEW YORK, Oct 24 (IPS) - Finance ministers of the G20 and the world met in Washington, October 10-16, to discuss how to navigate multiple crises, including rising cost-of-living, broken global supply chains, climate shocks, and the lingering COVID-19 pandemic.

  9. The Age of Discontent: What Drives the Rising Wave of World Protests?

    - Inter Press Service

    NEW YORK, Dec 15 (IPS) - In recent years, the world has been shaken by protests. From the Arab Spring to the social uprisings in Chile and Latin America, the world has seen a dramatic rise in protests. In a polarized world, the COVID-19 pandemic has only accentuated feelings of outrage and discontent.

  10. Global Austerity Alert: Looming Budget Cuts in 2021-25 and Alternatives

    - Inter Press Service

    NEW YORK and NAIROBI, Apr 15 (IPS) - Last week Ministers of Finance met virtually at the Spring Meetings of the International Monetary Fund (IMF) and the World Bank to discuss policies to tackle the pandemic and socio-economic recovery.

Powered by

  • Inter Press Service International News Agency
  • UN News