News headlines for “Free Trade and Globalization”, page 236
Time for the World Bank and IMF to Be the Solution, Not the Problem
- Inter Press Service
PORT-AU-PRINCE, Haiti and BOSTON, May 07 (IPS) - The World Bank and the International Monetary Fund (IMF) have a historic opportunity to help stabilize a world reeling from COVID-19. Doing so will require the institutions to change course and aggressively support poor countries' ability to invest broadly in the government services their populations need.
World’s Poor Hit by Double Jeopardy: a Deadly Virus & a Devastating Debt Burden
- Inter Press Service
UNITED NATIONS, May 07 (IPS) - The world's poorer nations, reeling under an unrelenting attack on their fragile economies by the COVID-19 pandemic, have suffered an equally deadly body blow: being buried under heavy debt burdens.
Coronavirus Hasn´t Slowed Down Ecological Women Farmers in Peru's Andes Highlands
- Inter Press Service
HUASAO, Peru, May 06 (IPS) - It's eight o'clock in the morning and Pascuala Ninantay is carrying two large containers of water in her wheelbarrow to prepare with neighbouring women farmers 200 litres of organic fertiliser, which will then be distributed to fertilise their crops, in this town in the Andes highlands of Peru.
COVID-19: Developing Countries Must Not be Left Behind
- Inter Press Service
WAGENINGEN, Netherlands / ROME, May 05 (IPS) - Globalization has been a driver for increased prosperity world-wide, but it has been in reverse in the last years due to the growth of populism in the USA and Europe. The COVID-19 pandemic may well provide further momentum to increasingly national-interest oriented policies in the west.
Global Impact of New Corona Virus and Population Issues
- Inter Press Service
TOKYO, May 05 (IPS) - The new coronavirus (COVID-19) continues to wreak havoc across the world, as the number of infections and deaths rapidly rise. It has the potential to infect anybody regardless of age or gender. There are grave concerns that the economic fallout from COVID-19 may be comparable to that of the Great Depression.
According to Johns Hopkins Coronavirus Resource Center, there are 2,064,668 confirmed cases of COVID-19 and 137,124 deaths due to SARS-CoV-2 (the virus causing COVID-19) in Japan, as of April 16th. The PRC reported that as of April 15th, there were 8,100 confirmed cases of COVID-19, 119 deaths, and 901 patients discharged from hospitals.
Financial Scams Rise as Coronavirus Hits Developing Countries
- Inter Press Service
WASHINGTON DC, May 05 (IPS) - In the Philippines, Peru, India, Kenya, South Africa and many other developing countries, poor people who are already struggling with the health impact of the coronavirus pandemic have been targeted by online fraudsters trying to take unfair advantage of them.
Argentina Responds Boldly to Coronavirus Crisis
- Inter Press Service
SYDNEY and KUALA LUMPUR, May 05 (IPS) - Like much of the West, Argentina did not take many early precautionary actions after the Covid-19 epidemic was confirmed in January, but became the first Latin American country to act decisively with a 12 March public health emergency declaration.
The presidential decree came a day after the World Health Organization (WHO) declared a global pandemic, just over a week after the first case was detected in the republic on 3 March.
Has COVID-19 Reversed Progress for India's Small Tea Growers?
- Inter Press Service
UNAKOTI, India, May 04 (IPS) - As the sun sets over the hills, Prafulla Debbarma, a small tea grower in Dhanbilash village in north eastern India, walks along the labyrinth path of his farm and past a thick blanket of well-grown tea plants. In the fading light, the farmer appears deeply worried. This tea farm, the sole source of his livelihood, remains unharvested thanks to the ongoing COVID-19 crisis.
Impact of COVID-19 on Tourism in Small Island Developing States
- Inter Press Service
GENEVA, May 04 (IPS) - The COVID-19 pandemic and the measures put in place to contain its diffusion are taking a heavy toll on the tourism sector. According to the United Nations World Tourism Organization (UNWTO), the COVID-19 pandemic will result in a contraction of the tourism sector by 20% to 30% in 2020.
Africa's Youth Scholars Harvest Ideas on the Business of Agriculture
- Inter Press Service
BULAWAYO, Zimbabwe, Apr 30 (IPS) - In Rwanda, Benimana Uwera Gilberthe, a scholar and pepper producer, experienced first-hand the challenges of breaking into agribusiness.
While in Nigeria, Ayoola Adewale is trying to understand if poultry egg farming will prove a profitable and viable business opportunity to the youth of the continent's most populous nation. Also in Nigeria, Esther Alleluyanatha is understanding the link between young people leaving their villages for larger cities, the remittances they send home, and the implications on rural livelihoods and agriculture productivity.
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