News headlines for “Free Trade and Globalization”, page 128
Ports, shipping need to go green to resist future global crises: UNCTAD
- UN News
The entire shipping industry must invest urgently in sustainability if it is to withstand future shocks and help prevent another global cost-of-living crisis linked to supply chain disruption, UN trade and development experts UNCTAD said on Tuesday.
Black Fraud-Days and the Shocking Cost of Staying Fashionable
- Inter Press Service
MADRID, Nov 25 (IPS) - Please take a quick look at this short report before rushing to shop on a Black Friday, Christmas sales and all those long chains of big discounts and wholesales, most of them are fake, as often denounced by consumers organisations that report that the business usually inflates prices before launching such deals.
Cattle Turn Into New Currency Amid Inflation in Zimbabwe
- Inter Press Service
MBERENGWA, Nov 25 (IPS) - In 2007 as inflation walloped the Zimbabwean currency, rendering it valueless, then 54-year-old Langton Musaigwa of Mataruse village west of Zimbabwe in Mberengwa district switched to cattle as his currency.
Asia: the Power of Connections and their Consequences
- Inter Press Service
LONDON, Nov 24 (IPS) - In our recent book, “The Connections World: The Future of Asia”, published by Cambridge University Press in October 2022, we argue that mutually beneficial links between dynastic business houses and political elites have been important drivers behind Asia’s extraordinary renaissance. Yet, these close ties now threaten future economic growth.
Ugandan Women Tackle Domestic Violence with Green Solutions
- Inter Press Service
SHARM EL SHEIKH, Nov 23 (IPS) - Constance Okollet Achom, a Ugandan woman from Tororo, a rural village located in Eastern Uganda, has helped several dozens of her peers affected by domestic violence to address the issue by equipping victims with skillsets to manufacture eco-friendly biofuels from agro-forestry waste.
Open Veins of Africa Bleeding Heavily
- Inter Press Service
DAKAR and KUALA LUMPUR, Nov 22 (IPS) - The ongoing plunder of Africa’s natural resources drained by capital flight is holding it back yet again. More African nations face protracted recessions amid mounting debt distress, rubbing salt into deep wounds from the past.
With much less foreign exchange, tax revenue, and policy space to face external shocks, many African governments believe they have little choice but to spend less, or borrow more in foreign currencies.
A Looming Debt Crisis is Threatening Global Health Security. It is time to Drop the Debt
- Inter Press Service
GENEVA, Nov 21 (IPS) - In this moment of profound challenge in international relations, it was understandable that the conclusion of the G20 meeting left leaders feeling relieved that the meeting took place without a breakdown. Leaders were justifiably proud too of important steps forward they made including the launch of the new pandemics fund.
‘Join forces’ for peaceful, prosperous continent, urges UN chief on Africa Industrialization Day
- UN News
On , Sunday, the UN chief urged everyone to “join forces to build a more sustainable, peaceful, and prosperous continent for all”.
G20 Summit, a Missed Opportunity to Tackle Global Cost of Living Crisis
- Inter Press Service
LONDON, Nov 18 (IPS) - G20 leaders met in Indonesia in the midst of multiple crises, with 85 percent of the world population expected to face austerity measures and severe budget cuts next year that will impact the most vulnerable compounded by an insufficient response to the Covid-19 pandemic, with only 38 percent of relief funds going to social protection in global South countries.
UN chief welcomes renewal of Black Sea Grain Initiative
- UN News
UN Secretary-General António Guterres on Thursday welcomed the renewal of the Black Sea Grain Initiative, which had been due to expire on Saturday.
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