News headlines for “Free Trade and Globalization”, page 126
Borderlands and Bloodbaths: The case of Congo and Ukraine
- Inter Press Service
STOCKHOLM, Sweden, Dec 15 (IPS) - During November, soldiers of the March 23 Movement (M23) have been approaching Goma in the eastern territory of the Democratic Republic of the Congo (DRC), close to the Rwandan border. About 180.000 people are now leaving Goma, a city with a million inhabitants. Many stakeholders are involved in the conflict and there is an apparent danger that the overall carnage that affected the Congolese eastern border areas fifteen years ago will resume. At the same time, war is ranging in Ukraine, which name likely comes from the old Slavic term for borderland.
The Poor, Squeezed by 10 Trillion Dollars in External Debts
- Inter Press Service
MADRID, Dec 14 (IPS) - The external debt of the world’s low and middle-income countries at the end of 2021 totalled 9 trillion US dollars, more than double the amount a decade ago. Such debt is expected to increase by an additional 1.1 trillion US dollars in 2023.
Solar Energy Benefits Children and Indigenous People in Northern Brazil
- Inter Press Service
BOA VISTA, Brazil, Dec 13 (IPS) - Solar energy is booming in Roraima, a state in the far north of Brazil, to the benefit of indigenous people and children in its capital, Boa Vista, and helping to provide a stable energy supply to the entire populace, who suffer frequent electricity shortages and blackouts.
Experts Seek Appropriate Circular Solutions to Plastic Pollution
- Inter Press Service
Kigali, Dec 13 (IPS) - Experts agree that African economies need to develop innovative approaches to deal with plastic production, which is set to double in 20 years – adversely impacting rural communities.
Needed Global Financial Reforms Foregone yet Again
- Inter Press Service
KUALA LUMPUR, Malaysia, Dec 13 (IPS) - Calls for more government regulation and intervention are common during crises. But once the crises subside, pressures to reform quickly evaporate and the government is told to withdraw. New financial fads and opportunities are then touted, instead of long needed reforms.
Global trade growth turns negative after record year: UNCTAD
- UN News
Global trade is set to reach almost $32 trillion this year, but inflation has reversed some of the gains made in recent months.
European Court of Justice Ruling on Beneficial Ownership, a Major Blow to the Fight Against Environmental Crimes
- Inter Press Service
LONDON, Dec 12 (IPS) - The European Court of Justice on November 22, 2022, made a ruling that reversed much of the progress we have made in a decade in the fight against corruption, economic and natural resource crimes, tax abuses and other forms of illicit financial flows across the world. In the ruling, the court declared invalid the part of the European Union’s Anti Money Laundering Directive that allowed public access to registries about companies’ beneficial owners (that is, the real people who own or actually control them).
‘Just Transition’ policies needed to create 20 million green jobs: UN report
- UN News
Some 20 million jobs could be created by investing in policies that support nature and address climate change, disaster risk, food insecurity, and other major challenges, according to a UN report published on Friday.
Energy Efficiency Is Law in Chile but Concrete Progress Is Slow in Coming
- Inter Press Service
SANTIAGO, Dec 08 (IPS) - The Energy Efficiency Law began to gradually be implemented in Chile after the approval of its regulations, but more efforts and institutions are still lacking before it can produce results.
Corruption: Europe Doing Nothing - Part II
- Inter Press Service
MADRID, Dec 07 (IPS) - "Western Europe and the European Union remains the highest scoring region in the world’s corruption index, progress has halted and worrying signs of backsliding have emerged.”
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