News headlines for “Global Financial Crisis”

  1. Advisors Propose New System To Regulate Chinas Overseas Investments

    BEIJING, Jan 15 (IPS) - A government-backed coalition of international advisors to the Belt and Road Initiative (BRI) has recommended that China apply more stringent environmental controls over its overseas investments. If adopted, this would be a major departure from China’s usual approach of deferring to host country rules, many of them inadequate, for regulating its overseas investments.

  2. Dengue—an Epidemic Within a Pandemic in Peru

    NEW YORK, Jan 15 (IPS) - While the world is grappling with the third wave of the COVID-19 pandemic, Peru is still dealing with an epidemic that it has not been able to control—the mosquito-borne viral disease known as dengue.

  3. Renewable Energy Transition Key to Addressing Climate Change Challenge

    BONN, Germany, Jan 13 (IPS) - 2021 is going to be critical, not only for curbing the rapidly spreading COVID-19 pandemic, but also for meeting the climate challenge.

    But as Dr Fatih Birol, Executive Director of the International Energy Agency (IEA) was clear to point out, the climate challenge is essentially an energy challenge. And as large polluters continue to commit to targets of net zero emissions by 2050, the world could -- in theory -- potentially address the climate challenge.

  4. Africas Free Trade Area Opens for Business

    UNITED NATIONS, Jan 13 (IPS) - African countries opened their markets on 1st January under the continental free trade agreement and duty-free trading of goods and services across borders is now underway despite the COVID-19 pandemic and other teething problems.

  5. Facing their Failure to meet 2020 Biodiversity Targets, World Leaders Pledge Action & Funds

    UNITED NATIONS, Jan 12 (IPS) - French President Emmanuel Macron convened the 4th edition of the One Planet Summit for Biodiversity with a concession – that after a decade, the world has failed to take the action needed to stem global biodiversity loss. The Jan. 10 event, hosted virtually by France, the United Nations and the World Bank, focused on four areas for urgent action; protecting land and maritime species, promoting agroecology, mobilising finance for biodiversity and protecting tropical forests, species and human health.

  6. TNCs Reviving TPP Frankenstein

    KUALA LUMPUR, Malaysia, Jan 12 (IPS) - The incoming Biden administration is under tremendous pressure to demonstrate better US economic management. Trade negotiations normally take years to conclude, if at all. Unsurprisingly, lobbyists are already urging the next US administration to quickly embrace and deliver a new version of the Trans-Pacific Partnership (TPP).

  7. COVID-19 Pandemic Shapes the Future World People Want

    BONN, Germany, Jan 11 (IPS) - The peoples of the world are unanimous - access to basic services such as universal healthcare must become a priority going forward. So too should global solidarity, helping those hardest hit by the COVID-19 pandemic and addressing the climate change emergency.

  8. Italy and the Dubious Honor of Chairing the G20

    ROME, Jan 11 (IPS) - For 2021, Italy has been given chairmanship of the Group of 20, which brings together the world’s 20 most important countries. On paper, they represent 60% of the world’s population and 80% of its Gross Domestic Product (GDP). While the shaky Italian government will somehow perform this task (in the general indifference of the political system), the fact remains that this apparently prestigious position is in fact very deceiving: the G20 is now a very weak institution that brings no kudos to the rotating chairman. Besides, it is actually the institution which bears the greatest part of responsibility for the decline of the UN as the body responsible for global governance, a task that the G20 has very seldom been able to face up to.

  9. Recovery: What Are We Talking About?

    MEXICO CITY, Jan 11 (IPS) - The new year has arrived, but the situation is worse than in the last months of 2020. The pandemic is still unleashed: the end of the year holidays, the official permissiveness, and the slowness of the distribution of vaccines seem to announce that the disease will continue to wreak havoc for several months in most of the world, particularly in America, Europe, and parts of Asia like India. It has therefore been required to redouble preventive measures: a new lockdown and the disruption of almost all economic and school activities. Therefore, the recovery looks still uncertain and distant.

  10. Shifting Conversations in Multifaceted Policymaking

    BANGKOK, Thailand, Jan 07 (IPS) - As the people of Kiribati, Samoa and Tonga gear up as the first nations to welcome 2021, communities around the Asia-Pacific region and beyond look forward to bidding farewell to the most tumultuous year in recent decades.

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