News headlines for “Free Trade and Globalization”, page 202
Developing Countries COVID-19 Debt Crisis Could Put 2030 Agenda & Paris Agreement Completely Out of Reach
- Inter Press Service
BONN, Germany, Mar 30 (IPS) - The inability of developing nations to spend on post COVID-19 recovery and resilience has placed the world on the "the verge of a debt crisis". “We face the spectre of a divided world and a lost decade for development,” United Nations Secretary-General António Guterres said on Monday, Mar. 29, during a high-level meeting on financing development post COVID-19.
Identities
- Inter Press Service
STOCKHOLM / ROME, Mar 30 (IPS) - I was born in the winter in 1990 in a country not my own i was born with my father’s eyes maybe i stole them he doesn’t look like that anymore i was born in seven countries i was born carved up by borders i was born with a graveyard of languages for teeth i was born to be a darkness in an american boy´s bed ...
Safia Elhillo
IMF, World Bank Must Urgently Help Finance Developing Countries
- Inter Press Service
SYDNEY and KUALA LUMPUR, Mar 30 (IPS) - COVID-19 has set back the uneven progress of recent decades, directly causing more than two million deaths. The slowdown, due to the pandemic and policy responses, has pushed hundreds of millions more into poverty, hunger and worse, also deepening many inequalities.
Guterres urges ‘decisive action’ to stave off debt crisis in developing world
- UN News
Though significant steps have been taken to prevent debt crises across the world sparked by the COVID-19 crisis, they have not been sufficient to restore economic stability in many developing countries, according to a policy brief issued by the UN Secretary-General on Monday.
Arab Region Counts Cost of Devastating COVID-19 Pandemic
- Inter Press Service
JOHANNESBURG, South Africa, Mar 29 (IPS) - More than eight million people moved onto the poverty line in the Arab region, a conference of Arab and Asian parliamentarians heard.
The hybrid conference, held simultaneously in Beirut, Lebanon, and via video conferencing to delegates in Asia and the Arab region, was a follow up on earlier discussions on the regions' ICPD25 Commitments.
Nobel Economist and 100 Experts Condemn Corporate Action against Argentina and Bolivia after Rollback of Failed Pension Privatization
- Inter Press Service
NEW YORK, Mar 29 (IPS) - Nobel Laureate Joseph Stiglitz, Juan Somavia, Jeffrey Sachs, Jose Antonio Ocampo and more than 100 high-level development experts have issued a statement protesting insurance corporations suing Argentina and Bolivia over the reversal of their failed pension privatizations at closed sessions of the International Centre for Settlement of Investment Disputes (ICSID) of the World Bank. If Argentina and Bolivia lose the disputes, it means that impoverished citizens and elderly pensioners will have to compensate wealthy financial corporations. Read their letter:
After the Ever Given: What the Ship Wedged in the Suez Canal Means for Global Trade
- Inter Press Service
Mar 26 (IPS) - In the early hours of March 23, the container ship Ever Given was blown off course by high winds on its way through the Suez Canal. At 400 metres long, the Ever Given is longer than the canal is wide, and the ship became wedged firmly in both banks, completely blocking traffic.
Maquila Female Workers in Their Own Words: Fighting COVID and Labor Abuse
- Inter Press Service
MEXICO CITY, Mar 26 (IPS) - A compilation of testimonies collected by Blanca Velázquez Díaz and published by the Ebert Foundation (available at: http://library.fes.de/pdf-files/bueros/mexiko/17328.pdf) offers an account of the harsh reality by which some workers of the maquila industry in the Mexican state of Morelos have gone through over these last twelve months. Their words reflect, undoubtedly, similar experiences of millions of workers in different parts of the country.
A Country with too Many Victims and Few Shelters
- Inter Press Service
MEXICO CITY, Mar 26 (IPS) - In March 2014, Noemi N. took her own life inside a refuge camp in Ciudad Juarez, Chihuahua, where up until now there are no specialized shelters for victims of human trafficking.
A Look at Colombian Coffee Prices One Year on From the Stabilization Fund
- Inter Press Service
MEDELLIN, Colombia, Mar 26 (IPS) - It’s been just over a year since the Colombian government launched its landmark price stabilization fund. With a budget of $64 million, the fund was designed to provide a hedge against low prices by subsidizing farmers during periods when prices dropped below production costs.
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