News headlines for “Free Trade and Globalization”, page 2
US Retreat from Multilateral Institutions Undermines Rule Of Law
- Inter Press Service
WASHINGTON, USA, January 9 (IPS) - The Trump Administration’s sweeping executive order to withdraw the United States from dozens of United Nations bodies and international organizations, as well as a treaty ratified by the United States with the advice and consent of the US Senate, is a targeted assault on multilateralism, international law, and global institutions critical to safeguarding human rights, peace, and climate justice.
A Year of High Expectations and Frustrations
- Inter Press Service
DHAKA, Bangladesh, January 8 (IPS) - As many of you know, out of the blue, I have been called in to assist the Interim Government led by Nobel Laureate Professor Muhammad Yunus in stabilising the economy left in ruins by the fallen autocratic-kleptocratic regime that looted the banks, stole public money and robbed small investors in the capital market to siphon off billions of dollars out of the country. I had never served in a government; neither had I ever expected this opportunity. However, my UN experience and political economy understanding have been handy.
Africa Squeezed Between Import Substitution and Dependency Syndrome
- Inter Press Service
MOSCOW, January 8 (IPS) - Squeezed between import substitution and dependency syndrome, a condition characterized by a set of associated economic symptoms—that is rules and regulations—majority of African countries are shifting from United States and Europe to an incoherent alternative bilateral partnerships with Russia, China and the Global South.
Global economy shows signs of steady but subdued growth
- UN News
The global economy has shown resilience amid turbulence during the past year, including shifting trade policies – yet growth remains subdued and far below pre-pandemic levels, the UN said in a landmark report published on Thursday.
Lost Opportunities to Halt Rising Military Spending
- Inter Press Service
NEW YORK, January 6 (IPS) - The United Nations issued a year end Fact Sheet: Rising global military expenditures, starkly illuminating that last year’s record high of $2.7 trillion in military expenditures, caused a cascade of devastating consequences to human well-being, the environment, possibilities for avoiding climate collapse, as well as blows to employment, ending hunger and poverty, providing health care, education, and other ills, due to a lack of adequate funding support.
Trump De-dollarisation Accelerant
- Inter Press Service
KUALA LUMPUR, Malaysia, January 6 (IPS) - While US President Donald Trump has blamed the BRICS and foreign investors for de-dollarisation, his rhetoric, actions and policy measures are mainly responsible for the trend’s recent acceleration.
When Democracy Freezes, Autocrats Rise
- Inter Press Service
VIENNA, Austria, January 5 (IPS) - Consider our political systems not merely as battlegrounds of passions, ideologies and economic interests, but as systematically functioning arrangements of interactions, akin to game theory. In recent decades, we have witnessed the dissolution of large homogeneous groups into numerous subgroups — a patchwork of minorities.
Skyrocketing Military Spending Undermines Development Aid to World’s Poor
- Inter Press Service
UNITED NATIONS, January 5 (IPS) - The statistics are staggering: while military spending keeps skyrocketing, Official Development Assistance (ODA) – from the rich to some of the world’s poorer nations – has been declining drastically.
‘People Reacted to a System of Governance Shaped by Informal Powers and Personal Interests’
- Inter Press Service
CIVICUS discusses Generation Z-led protests in Bulgaria with Zahari Iankov, senior legal expert at the Bulgarian Centre for Not-for-Profit Law, a civil society organisation that advocates for participation and human rights.
The Bitter Sweet Future of Cocoa Showcased During COP30, Belém
- Inter Press Service
BELÉM, Brazil, December 24 (IPS) - Izete dos Santos Costa, also known as Dona Nena among locals in Combu Island, welcomed hundreds of people from around the world during the recent climate conference in Belém.
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