News headlines for “Free Trade and Globalization”, page 193
The Dictators Daughter or the Farmers Son?
- Inter Press Service
LIMA, Peru, Jun 21 (IPS) - Peru’s first round of elections on 11 April saw voters choosing between 18 presidential candidates with no one candidate leading by an impressive margin.
Sustainability solution or climate calamity? The dangers and promise of cryptocurrency technology
- UN News
The negative environmental impact of cryptocurrencies such as Bitcoin has been widely covered in the press in recent weeks and months, and their volatility has also been flagged as a cause for concern. Nevertheless, the UN believes that blockchain, the technology lying behind these online currencies, could be of great benefit to those fighting the climate crisis, and help bring about a more sustainable global economy.
To Fund Grand Inga Using Green Hydrogen, Equity and Ethics Matter
- Inter Press Service
PARIS, Jun 18 (IPS) - Visions of Grand Inga, a proposed massive hydropower plant in the Democratic Republic of Congo (DRC) powering much of Africa, have excited energy experts, investors, and governments for decades. The announcements this week by the Australian company, Fortescue Metals Group, and its chairman, billionaire Andrew Forrest, of their plans to develop Inga for green hydrogen exports brings this vision a little closer to reality.
The Energy Revolution Is Here: How to Be Part of It
- Inter Press Service
UNITED NATIONS, Jun 18 (IPS) - The industrial revolution took 100 years. The digital revolution, two decades. The next global revolution, the energy revolution, has already begun. But how fairly and how fast it happens is the biggest challenge of our time.
UN chief urges debt relief extension for middle-income countries
- UN News
Innovative measures to address debt are required to help the world’s more than 100 middle-income countries expand their economies and exit the COVID-19 pandemic, UN Secretary-General António Guterres told the General Assembly on Thursday.
Betting on Green Hydrogen in Chile, a Road Fraught with Obstacles
- Inter Press Service
SANTIAGO, Jun 15 (IPS) - Chile is in a privileged position in the world to produce green hydrogen and boost the development of the new fuel thanks to the country’s optimal conditions for generating solar and wind energy, but the large investment required and the scarcity of water are two of the biggest obstacles to overcome.
Domestic workers among hardest hit by COVID crisis, says UN labour agency
- UN News
Domestic workers globally have been among the hardest hit by the COVID crisis, losing more jobs and working hours than other sectors, the UN labour agency ILO said on Tuesday.
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.
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