News headlines for “Free Trade and Globalization”, page 883
SRI LANKA: Peace Dividend Perks Up Economy
- Inter Press Service
The Taj Samudra, the flagship property here of Taj Hotels India, sits on what is arguably the best location in Sri Lanka’s capital. Overlooking the Indian Ocean, it is the only five-star hotel in this city from which guests can walk out straight into the largest sea-fronted green esplanade in the country.
U.N. Renovation Leaves Some Workers High and Dry
- Inter Press Service
For more than two decades, he has served world leaders and diplomats who wined and dined here at United Nations headquarters in New York. Today, he is unsure how much longer he will be able to put food on his own table at home.
MEXICO-U.S.: Visas No Guarantee for Migrant Worker Rights
- Inter Press Service
Mexican Alberto Rivero joined the ranks of seasonal workers in the United States in 2005, and for the last three years he has had to pay all the expenses associated with his visa, transportation and housing, although the law states that these are the responsibility of his U.S. employer.
Compromise on Reforms Eludes IMF Fall Meetings
- Inter Press Service
When the annual meetings of the World Bank and International Monetary Fund got under way this week, the agenda ranged from ongoing talks about 'currency wars' between countries to how to maintain progress on poverty reduction in the face of economic crises, to reforming the mandates and governance of the Washington-based international financial institutions.
U.S.-CHINA: Will Renewed Military Ties Relax Regional Tensions?
- Inter Press Service
While a growing dispute between the U.S. and China over the proper valuation of the renminbi is likely to dominate this weekend's annual meeting here of the International Monetary Fund (IMF), another aspect of the complex bilateral relationship between the two global giants may be on the mend.
ECONOMY-BOLIVIA: Private Sector Gives Way Under Government's Public Push
- Inter Press Service
The decline in foreign direct investment and the increase in efforts to reverse privatisation processes are feeding debate in Bolivia about President Evo Morales's economic policies, which include the creation of more government- run enterprises.
CHINA: Resentment Rises With Widening Wealth Gaps
- Inter Press Service
In the rich depository of Chinese expressions dealing with the issue of unrest, none is more sensitive than the word ‘qiyi’ or rebellion. After all, Chinese imperial dynasties have lost mandates because of peasant rebellions and the mere mention of the word in China brings associations with calamitous change.
Scrambling for a Solution on IMF Governance Reform
- Inter Press Service
Among the topics expected to be discussed at the annual meetings of the World Bank and International Monetary Fund (IMF) that started this week and will continue through the weekend is the reform of the IMF’s governance.
DEVELOPMENT-PAKISTAN: Torrents of Criticism Greet Flood Tax Proposal
- Inter Press Service
It was meant as an appeal to generous souls, but a suggestion for a one-time tax to help raise funds for Pakistan’s millions of flood victims has instead reminded many Pakistanis of their country’s faulty tax system.
LABOUR-CUBA: Torn Between Hope and Anxiety
- Inter Press Service
The radical restructuring of employment launched by President Raúl Castro has Cubans, on the one hand, feeling anxious about possibly losing their jobs and, on the other, looking forward to testing the real scope of opportunities in the private sector, where an estimated 250,000 additional people may soon be working for themselves.
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