News headlines for “Global Financial Crisis”, page 2
Iran War Threatens World Food Crisis
- Inter Press Service
KUALA LUMPUR, Malaysia, March 31 (IPS) - While media coverage of Iran’s restrictions on passage through the Hormuz Straits focuses on fuel prices, partial closure is also disrupting crucial fertiliser and other supplies, risking catastrophe for billions worldwide.
CSW70: Women’s Equality under Siege
- Inter Press Service
MONTEVIDEO, Uruguay / BRUSSELS, Belgium, March 30 (IPS) - On 19 March, the Commission on the Status of Women (CSW) did something unprecedented in its eight-decade history: it held a vote. The Trump administration, having spent two weeks attempting to defer, amend and ultimately block the session’s main outcome document, known as the agreed conclusions, cast the only vote against its adoption. That dissenting vote said a lot, as it came from the world’s most powerful government, backed by financial leverage, bilateral reach and a network of anti-rights states and organisations that are making inroads at many levels.
Developing countries are being priced out, in struggle for affordable finance
- UN News
Developing countries are being priced out of the affordable finance they desperately need for sustainable development, with sovereign credit ratings often overstating risk and overlooking long-term economic potential, the UN said on Monday.
War in Iran, Middle East Threatens Global Agrifood Systems
- Inter Press Service
UNITED NATIONS, March 27 (IPS) - The current conflict in Iran and the Middle East region threatens to disrupt the global energy and agri-food sectors, as the closure of the Strait of Hormuz affects oil and fertilizer exports for farmers during critical harvest seasons.
Iran War: Winners and Losers
- Inter Press Service
NEW JERSEY, USA, March 26 (IPS) - Who benefits from a war of choice against Iran? The immediate political winners may include President Donald Trump and Prime Minister Benjamin Netanyahu. But if the war continues for a longer period, the political consequences for both Trump and Netanyahu could be uncertain. However, the most consistent beneficiaries are defense contractors, defense manufacturers and military lobbyists, who profit regardless of the outcome.
Nepal’s Gen Z Electoral Revolution
- Inter Press Service
LONDON, March 25 (IPS) - Less than six months after Nepal’s Generation Z rose up in protest, the country has a new prime minister. A 35-year-old former rapper who soundtracked the protests swept to power in a landslide in the 5 March election.
EXCLUSIVE: Water Laureate Kaveh Madani on Arrest, Exile and Fight for Science
- Inter Press Service
UNITED NATIONS, March 25 (IPS) - Professor Kaveh Madani of Iran has been named the 2026 Stockholm Water Prize laureate. The award will be formally presented by King Carl XVI Gustaf of Sweden in August during World Water Week in Stockholm.
As East Africa’s Migratory Fish Vanish, a Food Security Crisis Surfaces
- Inter Press Service
RUFIJI, Tanzania, March 24 (IPS) - By the time the auction begins at Nangurukuru fish market in Tanzania’s southern Lindi region, the crisis is already visible. Wooden canoes that once returned from the Rufiji River with heavy catches now bring only a fraction of what they used to. Traders scan for the long-whiskered catfish that once defined the market but find none.
Central Bank Hedging Triggered Gold Fever
- Inter Press Service
KUALA LUMPUR, Malaysia, March 24 (IPS) - In mid-1971, US President Nixon ended the dollar’s gold peg at $35 per ounce, triggering de-dollarisation. The 2025 gold and silver rush followed private speculators trying to profit from central banks hedging against perceived new risks.
“At Africa’s First Our Ocean Conference, a Test of Global Will on High Seas Protection and Deep-Sea Mining”
- Inter Press Service
VICTORIA, Seychelles, March 23 (IPS) - When the 11th Our Ocean Conference opens in Mombasa and Kilifi, Kenya, from June 16-18, 2026, it will mark the first time this influential meeting has been held on African soil. For coastal and island nations across the continent and the wider Indian Ocean – and for the Global South more broadly – the stakes could not be higher: the promises and commitments made there will help decide whether the ocean becomes a source of justice and resilience, or deepens existing inequalities.
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