News headlines for “Global Financial Crisis”, page 2

  1. Unite Behind Environmental Science: Transforming Values and Behaviour is as Important as Restoring Global Ecosystems

    Friday, May 22, 2020

    BONN, May 22 (IPS) - Restoring damaged ecosystems is vital to avoid the collapse of nature's most valuable contributions to people, but International Day for Biological Diversity 2020 should also be a wake-up call about the importance of addressing our social, economic and systemic values, because it is these that are driving the destruction of nature.

  2. COVID-19 Pandemic and the Pacific Islands

    Thursday, May 21, 2020

    CANBERRA, Australia, May 21 (IPS) - As of 11 AM (AEST) on 20th May 2020 the incidence of COVID-19 virus (henceforth virus) on the Pacific Islands was limited. Active cases (deaths) in some of the Pacific Islands were Australia 7,072 (100), New Zealand 1,503 (21), PNG 8(0), Guam 154 (5), Fiji 18 (0), Timor-Leste 24 (0), French Polynesia 60(0), and New Caledonia 18(0).1

  3. Mexico's Development Banks Fuel the Fossil Energy Trade

    Wednesday, May 20, 2020

    Since 2012, Teresa Castellanos has fought the construction of a gas-fired power plant in Huexca, in the central Mexican state of Morelos, adjacent to the country's capital.

  4. EXCLUSIVE: In the Face of the COVID-19 Pandemic We Are Only as Strong as the Weakest of Us

    Tuesday, May 19, 2020

    GENEVA, May 19 (IPS) - When the COVID-19 virus travelled from Wuhan, China halfway across the world through Europe, the Americas and beyond in the space of a few weeks, it gave us proof, if one was ever needed, of how tightly interconnected we all are.

  5. Africa Needs a DOVE Fund: Or Should We Starve So We Can Pay our Debts?

    Tuesday, May 19, 2020

    JOHANNESBURG, South Africa, May 19 (IPS) - ub-Saharan Africa has a debt problem. According to the most recent World Bank debt statisticsin 2018 the region had about $493 billion in long term external debt.

  6. Covid-19 Straw Breaks Free Trade Camel’s Back

    Tuesday, May 19, 2020

    KUALA LUMPUR, Malaysia, May 19 (IPS) - Economic growth is supposed to be the tide that lifts all boats. According to the conventional wisdom until recently, growth in China, India and East Asian countries took off thanks to opening up to international trade and investment.

  7. The Hotting-Up of the Sino-American Spat: Most Dangerous Side-Effect of Covid-19?

    Monday, May 18, 2020

    May 18 (IPS) - When the United States and China signed the First-Phase of their Trade Agreement in January this year, President Donald Trump called it a "momentous step", and the world believed they had stepped back from a dangerous brink. But, alas, to cite an idiom that is so current today, it was but a ‘false positive'. As the globe reels from the surgoing COVID-19 pandemic, it is possible that the rapid deterioration of US-China relationship can become one of the worst side-effects of this raging virus.

  8. Coronavirus Leads to Nosedive in Remittances in Latin America

    Monday, May 18, 2020

    CARACAS, May 18 (IPS) - Remittances that support millions of households in Latin America and the Caribbean have plunged as family members lose jobs and income in their host countries, with entire families sliding back into poverty, as a result of the COVID-19 health crisis and global economic recession.

  9. Without Universal Health Coverage We Are Sitting Ducks When the next Pandemic Strikes

    Thursday, May 14, 2020

    NAIROBI, Kenya, May 14 (IPS) - We live in a different world to the one we inhabited six short months ago.

    With more than 4 million people infected and over 280,000 dead globally by mid May 2020, Covid-19 has ruthlessly exposed the vulnerability of a globalised world to pandemic disease. People are slowly coming to terms with the frightening and heartbreaking death toll, and we are still not out of the danger.

  10. The Commonwealth’s Response to COVID-19

    Wednesday, May 13, 2020

    TORONTO, May 13 (IPS) - The Coronovirus pandemic has been an unforgiving test of advanced economies. Health systems in the United States, France, Italy, Spain, and the UK have been put under immense pressure, with shortages of doctors, ventilators, personal protective equipment and the capacity to test for the virus. Their economies have been battered and the consequences are spoken of in terms of the Great Depression.

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