News headlines for “Global Financial Crisis”

  1. Australia Leads Against Large Multinational Corporations Tax Dodging

    - Inter Press Service

    MELBOURNE and SYDNEY, Feb 06 (IPS) - Australia is set to become the first country or jurisdiction to require large multinational corporations (MNCs), with a global consolidated income of at least AU$1 billion, to publicly report country-by-country (CbC) tax information. The new Labor Government announced on 25 October, 2022 in its budget paper that MNC’s public CbC tax reporting will begin from 1 July, 2023. Australia’s public CbC reporting rules will apply to all companies headquartered in Australia and companies headquartered elsewhere with sufficient nexus in the country.

  2. ‘Put people first’ in drive to realize Sustainable Development Goals

    - UN News

    Addressing the opening of the Commission for Social Development’s latest sessionthe president of the UN Economic and Social Council on Monday said it was imperative to put people first, if the 17 Sustainable Development Goals (SDGs) are to be realized by the 2030 deadline.

  3. Peru's Democracy at a Crossroads

    - Inter Press Service

    MONTEVIDEO, Uruguay, Feb 02 (IPS) - On 25 January, roughly six weeks after being sworn in following her predecessor’s removal, Peruvian president Dina Boluarte finally recognised that elections were the only way out of political crisis. Elections were rescheduled for April 2024, much earlier than the end of the presidential term she’s been tasked with completing, but not soon enough for thousands who’ve taken to the streets demanding her immediate resignation.

  4. US Policies Slowing World Economy

    - Inter Press Service

    KUALA LUMPUR, Malaysia, Feb 02 (IPS) - Few policymakers ever claim credit for causing stagnation and recessions. Yet, they do so all the time, justifying their actions by some supposedly higher purpose.

  5. Management of Protected Areas Is a Latin American Priority for 2023

    - Inter Press Service

    CARACAS, Jan 31 (IPS) - The environmental priority for South America in 2023 can be summed up in the management of its terrestrial and marine protected areas, together with the challenges of the extractivist economy and the transition to a green economy with priority attention to the most vulnerable populations.

  6. Global growth will be weak in 2023 before rebounding next year: IMF

    - UN News

    The global economy is set to slow down this year before bouncing back in 2024, a senior official with the International Monetary Fund (IMF) has said, citing China’s sudden re-opening following the end of its “zero-COVID” policy, and a mild winter, in Europe as factors. 

  7. Eight trends that will impact children in 2023

    - UN News

    A series of interconnected crises are expected to have a huge impact on children in 2023. A report from the UN children’s agency (UNICEF), released on Tuesday, details the trends that will shape their lives over the next 12 months.

  8. The Year of Debt Distress and Damaging Development Trade-Off

    - Inter Press Service

    SYDNEY, Jan 27 (IPS) - As the year 2022 drew to an end, the United Nations Conference on Trade and Development (UNCTAD) warned, “Developing countries face ‘impossible trade-off’ on debt”, that spiralling debt in low and middle-income countries (LMICs) has compromised their chances of sustainable development.

  9. Solar Energy Useless Without Good Batteries in Brazils Amazon Jungle

    - Inter Press Service

    BOA VISTA, Brazil, Jan 25 (IPS) - “Our electric power is of bad quality, it ruins electrical appliances,” complained Jesus Mota, 63. “In other places it works well, not here. Just because we are indigenous,” protested his wife, Adélia Augusto da Silva, of the same age.

  10. India Can Use The G20 to Fight Corruption and Reduce Global Inequalities

    - Inter Press Service

    Sanjeeta Pant, Jan 25 (IPS) - The G20 India Presidency is marked by unprecedented geopolitical, environmental, and economic crises. Rising inflation threatens to erase decades of economic development and push more people into poverty. Violent extremism is also on the rise as a result of increasing global inequality, and the rule of law is in decline everywhere. All of these challenges impact the G20's goal of realizing a faster and more equitable post-pandemic economic recovery.

    But as India prioritizes its agenda for 2023, it is corruption that is at the heart of all of these other problems- and which poses the greatest threat to worldwide peace and prosperity.

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