Global IssuesNews headlines for “Third World Debt Undermines Development”
Australia Leads Against Large Multinational Corporations Tax Dodging
- Inter Press Service
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MELBOURNE and SYDNEY, Feb 06 (IPS) - Australia is set to become the first country or jurisdiction to require large multinational corporations (MNCs), with a global consolidated income of at least AU$1 billion, to publicly report country-by-country (CbC) tax information. The new Labor Government announced on 25 October, 2022 in its budget paper that MNC’s public CbC tax reporting will begin from 1 July, 2023. Australia’s public CbC reporting rules will apply to all companies headquartered in Australia and companies headquartered elsewhere with sufficient nexus in the country.
Race to Prosperity as Least Developed Countries Top Agenda at UN Conference
- Inter Press Service
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UNITED NATIONS & NAIROBI, Feb 06 (IPS) - It is a race against time to form a new global partnership to secure a better future for the world’s poorest and most vulnerable nations by 2030 in line with the UN’s SDGs. All 46 countries classified as Least Developed Countries (LDCs) are pressed for time in a bid to deliver critical development goals.
It's Time to Move Away from Public-Private Partnerships & Build a Future That is Public
- Inter Press Service
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BRUSSELS / LIMA / MANILA, Feb 02 (IPS) - Last month, we joined more than 1000 representatives from all sectors of civil society who came together in Santiago de Chile to debate the future of – and threats to - public services the world over.
US Policies Slowing World Economy
- Inter Press Service
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KUALA LUMPUR, Malaysia, Feb 02 (IPS) - Few policymakers ever claim credit for causing stagnation and recessions. Yet, they do so all the time, justifying their actions by some supposedly higher purpose.
Insecurity in Nigerias Southern Kaduna: Will the Elections Change the Scenario?
- Inter Press Service
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ABUJA, Feb 02 (IPS) - Tabitha Siman, a survivor of an attack at her home, says life is not worth living after her twin daughters, husband, and co-wife were killed during an attack at her home.
No More Impunity for Journalists' Murders CPJ
- Inter Press Service
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NAIROBI, Jan 31 (IPS) - The new year brought bad news for press freedom on the African continent with the brutal murder of one journalist and the suspicious death of another.
“I Was Blind, But Now I See” – Celebrating Malawi’s Progress on World NTD Day
- Inter Press Service
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LILONGWE, Jan 30 (IPS) - “I was blind, but now I see.” This is what Vainesi, from Salima District in Central Malawi, said after surgery to treat trachoma. A mother of three, Vainesi had been unable to work or provide for her family once the disease began to affect her eyesight.
ASEAN Parliamentarians Cannot Escape 'Lawfare' or Violations of their Human Rights
- Inter Press Service
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BRUSSELS, Jan 30 (IPS) - Parliamentarians worldwide face increasing human rights violations and a greater risk of reprisal simply for exercising their mandate or expressing their ideas and opinions.
Erdogan's Desperate Bid to Become the New Atatrk
- Inter Press Service
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NEW YORK, Jan 27 (IPS) - As Turkey approaches its centennial anniversary this October, President Erdogan is stopping short of nothing to win the election in June to fulfill his life-time dream of presiding over the celebration. The Turkish people should deny him this historic honor because of the reign of terror to which he has mercilessly subjected his countrymen.
The Year of Debt Distress and Damaging Development Trade-Off
- Inter Press Service
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SYDNEY, Jan 27 (IPS) - As the year 2022 drew to an end, the United Nations Conference on Trade and Development (UNCTAD) warned, “Developing countries face ‘impossible trade-off’ on debt”, that spiralling debt in low and middle-income countries (LMICs) has compromised their chances of sustainable development.
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