Global Issues
News headlines for “Trade, Economy, & Related Issues”, page 435
The Myth of Development by Privatisation
- Inter Press Service
NEW DELHI, Apr 20 (IPS) - Oxfam’s report ‘Inequality Kills 2022’ and its India supplement (hereafter referred to as the report) revealed some shocking facts about the growing gap between the rich and poor. India, which has the third highest number of billionaires in the world, endured one of the longest-lasting COVID-induced lockdowns in 2020. Yet, the same year, the top 10 percent of India held close to 45 percent of the country’s total national wealth.
Migrants and Health Workers Play Complex ‘Game’ on Europe’s Fringes
- Inter Press Service
Bihać, Bosnia, Apr 19 (IPS) - Supported by the European Journalism Centre*Responding to several shouts Viraj emerges from the ruins of his shelter in northwest Bosnia. He is originally from India but is now squatting near Bihać in what remains of a house abandoned since the 1990s Balkans war.
Young people key for COVID recovery and a sustainable future
- UN News
Youth activism has been “pushing the world forward,” UN High Commissioner for Human Rights Michelle Bachelet told Day 1 of the Economic and Social Council (ECOSOC)’s annual Youth Forum on Tuesday.
Sri Lankan Economic Crisis Inflicted by Self-Serving Elite
- Inter Press Service
SYDNEY and KUALA LUMPUR, Apr 19 (IPS) - Once deemed a basic human needs success story, Sri Lanka (SL) is now in its worst economic crisis since independence in 1948. Nonetheless, SL’s ‘moment of truth’ now offers lessons for other developing countries.
High Cost of Debt is Crippling Developing Nations: How can we Bridge the Finance Divide?
- Inter Press Service
UNITED NATIONS, Apr 18 (IPS) - As the world is rocked by a confluence of crises, the global economic outlook for 2022 is becoming ever more uncertain and fragile. Prospects for sustainable development for all and achieving the Sustainable Development Goals (SDGs) by 2030 are bleak, particularly for developing countries.
Mexico Embraces Gas, Scorns Renewable Energy
- Inter Press Service
MÉRIDA, Mexico, Apr 18 (IPS) - At home, Isabel Bracamontes uses gas only for cooking. "We try to prepare food that doesn't need cooking, like salads," she says in the southeastern Mexican city of Mérida.
Malawi Counts Success of Polio Vaccination Drive after Detecting First Case in 30 Years
- Inter Press Service
Blantyre, Malawi, Apr 18 (IPS) - One polio case is one too many, global health experts say.
Millet seeds, a powerful weapon against hunger
- UN News
A World Food Program-backed initiative to deliver millet seeds to vulnerable people is taking root in Odisha, India, where it is helping to ward off hunger and improve livelihoods.
Stop the War: Act for Justice, Climate & Peace
- Inter Press Service
LONDON / JOHANNESBURG, Apr 15 (IPS) - Russia’s war in Ukraine has left many communities facing catastrophe. In a world already wracked by multiple crises such as searing inequality and escalating climate change, this conflict is tearing through communities.
War in Ukraine & Rise in Arms Spending Undermine Development Aid to the World's Poor
- Inter Press Service
UNITED NATIONS, Apr 15 (IPS) - The unprecedented flow of arms to Ukraine, and the rising miliary spending by European nations to strengthen their defenses, are threatening to undermine development aid to the world’s poorer nations.
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