News headlines for “Trade, Economy, & Related Issues”, page 533
Powerful States Push Tax Race to the Bottom
- Inter Press Service

SYDNEY and KUALA LUMPUR, Jun 15 (IPS) - Last week, the largest rich countries, home to most major transnational corporations (TNCs), agreed to a global minimum corporate income tax (GMCIT) rate. But the low rate proposed and other features will deprive developing countries of their just due yet again.
Charcoal Production Risks Future of Zimbabwes Native Forests
- Inter Press Service

BULAWAYO, ZIMBABWE, Jun 14 (IPS) - Once a week a tonnage of fresh charcoal is dropped off at Sibangani Tshobe's rugged, pit-stop stall by a hired, battered old Bedford lorry. Small, makeshift trolleys — nicknamed Scania's — quickly cart off small loads and disappear into Old Pumula, the oldest suburb in the country’s second-largest city of Bulawayo.
Letter from Rome – Italy at the Crossroads
- Inter Press Service

ROME, Jun 14 (IPS) - Italy, as other countries, has been struggling to balance the health and economic challenges posed by COVID-19. Controlling the spread of the virus implied restrictions on economic activity, on school and college attendance, and on personal movement. It also had to deal with the economic and social implications of a fall of almost 10% in GDP. This has been hard for a country which, even before the pandemic, was one of the slowest growing economies in Europe, with unemployment, especially among young people in the South of the country, at alarming levels.
The Real Price of Marriage in South Sudan
- Inter Press Service

ARLINGTON, Virginia, USA, Jun 14 (IPS) - August of this year will mark the one-year anniversary of the end of South Sudan’s civil war, yet recent surges of violence suggest that peace is far from being realized. These attacks by armed groups include instances of sexual violence against women and girls.
Turning to sustainable global business: 5 things to know about the circular economy
- UN News

Due to the ever-increasing demands of the global economy, the resources of the planet are being used up at an alarming rate and waste and pollution are growing fast. The idea of a more sustainable “circular economy” is gaining traction, but what does this concept mean, and can it help save the planet?
Why Mixed Messages Could Turn Boris Johnsons Glasgow Climate Summit Dream into a Nightmare
- Inter Press Service

NEW YORK, Jun 11 (IPS) - How are preparations for the Glasgow Climate Summit in November proceeding? Currently, we are more than halfway through three weeks of virtual preparatory negotiations taking place in June. These online talks are challenging in their own right, just as many had feared (see: ‘Should the 2021 Climate Summit in Glasgow Still Take Place?’).
UNESCO report highlights need for greater investment, diversity in science
- UN News

Although spending on science has risen worldwide, greater investment is needed in the face of growing crises, the UN Educational, Scientific and Cultural Organization (UNESCO) has recommended in a new report published on Friday.
UN Scientists: Climate Change and Biodiversity Loss. Two Parts. One Problem.
- Inter Press Service

UNITED NATIONS, Jun 11 (IPS) - Earth is in the throes of multiple environmental crises, with climate change and the loss of biodiversity the most pressing.
The urgency to confront the two challenges has been marked by policies that tackle the issues separately.
Now, a report by a team of scientists has warned that success on either front is hinged on a combined approach to the dual crises.
A Staggering 160 Million Are Victims of Child Labour
- Inter Press Service

KATHMANDU, Nepal, Jun 11 (IPS) - Among the many daunting issues leaders of the G7 will have to discuss in their upcoming summit in idyllic Cornwall on June 11-13, child labour won’t be on the official agenda.
Preventing Hunger While Building Peace
- Inter Press Service

BOSTON / NEW YORK, Jun 11 (IPS) - Agroecology can fight malnutrition, curb conflict AND build community self reliance and resilience–in hunger hotspots and beyondAcute hunger is expected to soar in over 20 countries in the next few months, warns a recent report on global “hunger hotspots” from the UN’s Food and Agriculture Organization (FAO) and the World Food Programme (WFP). An estimated 34 million people are “one step away from starvation”, pushed to the brink by climate shocks, conflict, and the Covid-19 pandemic.
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