News stories by Jomo Kwame Sundaram, page 5

KUALA LUMPUR, Malaysia, Mar 26 (IPS) - The World Bank set its US ‘dollar-a-day’ poverty line using its 1990 data. Despite many doubts and criticisms, its poverty numbers fell until the COVID-19 pandemic began in 2020.

KUALA LUMPUR, Malaysia, Mar 11 (IPS) - NATO geopolitical strategy has now joined the ‘coalition’ of Western geoeconomic forces accelerating planetary heating, now led again by re-elected US President Donald Trump.

KUALA LUMPUR, Malaysia, Feb 25 (IPS) - Donald Trump’s Make America Great Again (MAGA) appeal captured US mass discontent against globalisation. In recent decades, variations of America First have reflected growing ethnonationalism in the world’s presumptive hegemon.

HARARE, Zimbabwe, Feb 11 (IPS) - Many in the West, of the political right and left, now deny imperialism. For Josef Schumpeter, empires were pre-capitalist atavisms that would not survive the spread of capitalism. But even the conservative Economist notes President Trump’s revival of this US legacy.

DAKAR, Senegal / KUALA LUMPUR, Malaysia, Jan 29 (IPS) - Ending US dollar dominance alone will not end monetary imperialism. Only much better multilateral arrangements to clear international payments can meet the Global South’s aspirations for sustainable development.

KUALA LUMPUR, Malaysia, Jan 21 (IPS) - Corporate-dominated food systems are responsible for widespread but still spreading malnutrition and ill health. Poor diets worsen non-communicable diseases (NCDs), now costing over eight trillion dollars yearly!

KUALA LUMPUR, Malaysia, Jan 07 (IPS) - The forthcoming fourth United Nations Financing for Development conference must address developing countries’ major financial challenges. Recent setbacks to sustainable development and climate action make FfD4 all the more critical.

KUALA LUMPUR, Malaysia, Dec 17 (IPS) - The new geopolitics after the first Cold War undermines peace, sustainability, and human development. Hegemonic priorities continue to threaten humanity’s well-being and prospects for progress.

KUALA LUMPUR, Malaysia, Dec 05 (IPS) - Despite uneven economic recovery since the pandemic, poverty, inequality, and food insecurity continue to worsen, including in the Asia-Pacific region, which used to fare better than the rest of the Global South.

KUALA LUMPUR, Malaysia, Nov 19 (IPS) - Western financial policies have been squeezing economies worldwide. After being urged to borrow commercial finance heavily, developing countries now struggle with contractionary Western monetary policies.