Global Issues
News headlines for “Free Trade and Globalization”, page 321
How Low-Income Bangladeshis Use Loans
- Inter Press Service
WASHINGTON DC, Jan 08 (IPS) - Bangladeshis have a long tradition of borrowing from family, neighbors and other informal sources. Microfinance institutions (MFIs) have proliferated over the past three decades and offer a more formal loan service that has been taken up with enthusiasm, and today some 25 million Bangladeshis borrow from MFIs.
Tourism Should Be Regulated, Before It Is Too Late...
- Inter Press Service
ROME, Jan 08 (IPS) - This year, we will have 3 million tourists each day wandering the world. This massive phenomenon is without precedent in human history and is happening (as usual), with only one consideration in mind: money. We should pause and take a look at its social, cultural and environmental impact and take remedial measures, because they are becoming seriously negative if things are left as they are.
Disasters Bring Upheaval to Sri Lanka’s Rural Economy
- Inter Press Service
PERIYAKULAM/ADIGAMA, Jan 05 (IPS) - Last year was an annus horribilis for 52-year-old Newton Gunathileka. A paddy smallholder from Sri Lanka's northwestern Puttalam District, 2017 saw Gunathileka abandon his two acres of paddy for the first time in over three and half decades, leaving his family almost destitute.
Uncertainty Surrounds Renegotiation of NAFTA and Its Consequences for Mexico
- Inter Press Service
MEXICO CITY, Jan 03 (IPS) - The first few months of 2018 will be key to defining the future of the North American Free Trade Agreement (NAFTA), whose renegotiation due to the insistence of U.S. President Donald Trump has Mexico on edge because of the potential economic and social consequences.
Trade Multilateralism Set Back yet Again
- Inter Press Service
SYDNEY and KUALA LUMPUR, Jan 03 (IPS) - As feared, the Eleventh Ministerial Conference (MC11) of the World Trade Organization (WTO) in Buenos Aires, Argentina, on 10-13 December 2017, ended in failure. It failed to even produce the customary ministerial declaration reiterating the centrality of the global trading system and the importance of trade as a driver of development.
Billionaires, Fiscal Paradise, the World’s Debt, and the Victims
- Inter Press Service
ROME, Jan 02 (IPS) - Among Bloomberg's many profitable activities is a convenient Bloomberg Billionaires Index that has just published its findings for 2017. It covers only the 500 richest people, and it proudly announces that they have increased their wealth by 1 trillion dollars in just one year. Their fortunes went up by 23% to top comfortable 5 trillion dollars (to put this in perspective, the US budget is now at 3.7 trillion). That obviously means an equivalent reduction for the rest of the population, which lost those trillion dollars. What is not widely known is that the amount of the circulation of money stays the same; no new money is printed to accommodate the 500 richest billionaires!
Critical Issues to Watch in 2018
- Inter Press Service
PENANG, Malaysia, Jan 02 (IPS) - Another new year has dawned, and on a world facing serious disruption on many fronts. What are the trends and issues to watch out for in 2018?
The Political Responsibility in the Collapse of Our Planet
- Inter Press Service
ROME, Dec 27 (IPS) - On 20 December, Europe's 28 Ministers of Environment met in Brussels, to discuss the plan for reducing emissions prepared by the Commission, to comply with the Paris Agreement on climate change. Well, it is now clear that we have lost the battle in keeping the planet as we have known it. Now, of course, this can be considered a personal opinion of mine, devoid of objectivity.
Goodbye to 2017, a Trump-dominated Year
- Inter Press Service
PENANG, Malaysia, Dec 21 (IPS) - In 2017, Donald Trump dominated the year by using US clout to change many aspects of global relations, and not for the better.
Rise of Teenage Pregnancy Deters Development Goals
- Inter Press Service
SANTO DOMINGO, Dominican Republic, Dec 19 (IPS) - A few years ago, someone shared a video with me that deeply impacted me. It was called "The Girl Effect". In three minutes, the video demonstrates the fate of millions of girls and teenagers around the world.
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