Global Issues News Headlines for “Global Financial Crisis”

Asia’s Energy Progress Is Great, But Must Pick Up Pace

2026-08-10T07:29:32-07:00

MELBOURNE, Australia, August 10 (IPS) - In much of the Asia-Pacific region, energy is a success story. Electricity access has greatly increased and the use of clean cooking fuels is now widespread. The region has kept pace with the rest of the world in adopting renewable energy. Many countries have made energy efficiency gains; the Republic of Korea is one of those in the lead worldwide. Progress has continued even in the face of recent energy crises sparked by the war in Ukraine and conflict over the Strait of Hormuz.

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Food prices edged up in July amid heatwaves and energy price hikes

2026-08-07T05:00:00-07:00

The cost of key foods edged up last month as searing heatwaves and ongoing geopolitical uncertainty impacted energy prices around the world.

Read the full story, “Food prices edged up in July amid heatwaves and energy price hikes”, on globalissues.org →

The Year of Pastoralists Must Be More Than Symbolic

2026-08-06T07:28:57-07:00

WASHINGTON DC, August 6 (IPS) - This is supposed to be the year the world finally sees and recognizes pastoralists. The United Nations has designated 2026 as the International Year of Rangelands and Pastoralists, bringing long-overdue attention to communities who have sustained some of the world’s most fragile and important landscapes for generations.

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Green transition: Pay the Least, Benefit the Most

2026-08-05T07:57:12-07:00

BANGKOK, Thailand, August 5 (IPS) - Inaction and maintaining the status quo of fossil fuel dependence carry significant costs. The recent closure of the Strait of Hormuz, for instance, caused enormous losses to the global economy, with many Asia-Pacific countries bearing disproportionately larger adverse impacts. Had these economies had a more diversified energy mix, they would have benefited from such resilience under current circumstances.

Read the full story, “Green transition: Pay the Least, Benefit the Most”, on globalissues.org →

After Restoring Stability, Argentina Needs to Turn Hard-Won Gains into Lasting Prosperity

2026-08-04T06:47:46-07:00

WASHINGTON DC, August 4 (IPS) - My first meeting in Buenos Aires began with an unexpected gift. Economy Minister Luis Caputo presented me with an Argentine national team jersey bearing my name and the number 10—Lionel Messi’s iconic number.

Read the full story, “After Restoring Stability, Argentina Needs to Turn Hard-Won Gains into Lasting Prosperity”, on globalissues.org →

Trade Liberalisation Never Lifted All Boats

2026-08-04T06:19:21-07:00

KUALA LUMPUR, Malaysia, August 4 (IPS) - President Trump has blamed trade liberalisation advocated by globalists for US deindustrialisation. Instead, his own weaponisation of economic policies, instruments and institutions purport to ‘make America great again’ (MAGA).

Read the full story, “Trade Liberalisation Never Lifted All Boats”, on globalissues.org →

Strait of Hormuz disruption hits energy, fertilizer and industrial trade

2026-08-04T05:00:00-07:00

Disruption in the Strait of Hormuz has exposed the vulnerability of global trade to a single maritime chokepoint, with early data showing sharp falls in exports of energy, fertilizers and industrial products.

Read the full story, “Strait of Hormuz disruption hits energy, fertilizer and industrial trade”, on globalissues.org →

U.S.-Iran War Escalates Amid Growing Fears of Regional Instability and Rises In Arbitrary Executions

2026-08-03T18:29:02-07:00

UNITED NATIONS, August 3 (IPS) - Over the past several weeks, the humanitarian landscape in the Middle East has deteriorated significantly, exacerbated by escalating security concerns and serious human rights violations. In late July, the United Nations (UN) highlighted a sharp uptick in hostilities between the United States and Iran, alongside growing concerns over wider regional instability.

Read the full story, “U.S.-Iran War Escalates Amid Growing Fears of Regional Instability and Rises In Arbitrary Executions”, on globalissues.org →

“Kingston’s Disappointment Should Not Extinguish Our Hope for the Deep Ocean”

2026-08-03T18:01:14-07:00

VICTORIA, Seychelles, August 3 (IPS) - Earlier this year, I called publicly for a precautionary pause on deep-sea mining, arguing that it is not a rejection of progress, but a commitment to sound science.

Read the full story, ““Kingston’s Disappointment Should Not Extinguish Our Hope for the Deep Ocean””, on globalissues.org →

Saudi Arabia Forms Multinational Red Sea Defence Alliance as U.S.-Iran War Threatens Global Shipping

2026-08-03T17:02:18-07:00

UNITED NATIONS, August 3 (IPS) - As the United States and Iran continue to escalate with military strikes across both fronts, the conflict took a new turn with Saudi Arabia becoming militarily involved on July 29, following coordinated airstrikes with U.S. Central Command according to the Saudi Ministry of Defence.

Read the full story, “Saudi Arabia Forms Multinational Red Sea Defence Alliance as U.S.-Iran War Threatens Global Shipping”, on globalissues.org →