Global IssuesNews headlines for “Global Financial Crisis”, page 2
Empowering Change & Resilience: Social Protection in the Age of Megatrends
- Inter Press Service
BANGKOK, Thailand, Oct 07 (IPS) - Social protection systems are essential to achieving the 2030 Agenda for Sustainable Development.
However, social protection is insufficient across Asia and the Pacific, and the region is at risk from megatrends: climate change, demographic shifts and digitalization. Tens of millions of people have been pushed into extreme poverty since COVID-19, reversing past gains, and many millions more live precariously just above the poverty line.
To Put a Stop to Siphoning off Money, Start with Data
- Inter Press Service
NEW YORK, Oct 04 (IPS) - Khalid Saifullah, Fellow, Save Bangladesh USA Inc.The commonly used Bangla phrase for siphoning off money out of the country – "taka pachar" – is rather misleading. Because taka, the Bangladeshi currency, is never taken out of Bangladesh. It's not useful anywhere else. What goes out is its equivalence in foreign currencies, especially, US dollars. The technical term for such criminal act is Illicit Financial Flows (IFFs). Mistakenly, sometimes IFFs are referred to as money laundering – a processing of criminal proceeds to disguise their illegal origin.
Why Africa Should Embrace Territorial Markets to Withstand Climate Shocks and Crises
- Inter Press Service
HARARE, Oct 04 (IPS) - African policymakers, local leaders and the private sector have been asked to create an enabling environment that will help African traders and farmer folks build reliable systems for food security and resilience through territorial markets.
Will Ukraine Benefit if IMF Ends its Punitive Fees on Debt Burdened Countries?
- Inter Press Service
KYIV, Ukraine, Oct 04 (IPS) - Over the coming month, the United States has a window of opportunity to lift a multi-billion-dollar burden from Ukraine, and other countries in financial distress, without costing the US taxpayer a dime.
Easing Africa’s Debt Burdens: a Fresh Approach, Based on an Old Idea
- Inter Press Service
PRETORIA. South Africa / CAMBRIDGE, USA, Sep 27 (IPS) - The statistics are stark: 54 governments, of which 25 are African, are spending at least 10% of their revenues on servicing their debts; 48 countries, home to 3.3 billion people, are spending more on debt service than on health or education.
Solar Panels Aim to Protect Mexican Family Farming
- Inter Press Service
SAN MIGEL TOPILEJO, Mexico, Sep 26 (IPS) - Verónica Molina, an indigenous Comcaac woman, first came into contact with solar energy in 2016, when she travelled to India for training on communal photovoltaic facilities. This later enabled her to take part in the installation of the first solar systems and family vegetable gardens in her community, Desemboque del Seri, in northern Mexico.
Tripling Renewables Powered by State-Owned Power Companies and Utilities
- Inter Press Service
WASHINGTON DC, Sep 25 (IPS) - The climate community, meeting this week once again on the margins of the UN General Assemblyis continuing to explore ways to triple the world's installed renewable generation capacity by 2030a target agreed at last year's COP 28 international climate negotiations. Much of this discussion has been about mobilizing finance and otherwise getting the private sector, with its massive resources and competence, to step up to the challenge … and what government policies and incentives are needed to spur more investment.
UN chief to G20 ministers: Collaboration key to a sustainable future
- UN News
As foreign ministers from the G20 group of industrialised nations met on Wednesday to discuss sustainability and justice issues, the UN chief urged global financial institutions to “cooperate and collaborate for the good of humanity.”
Violence, Displacement, and Hunger Plagues Somalia
- Inter Press Service
UNITED NATIONS, Sep 24 (IPS) - Somalia is currently in the midst of a dire humanitarian crisis that threatens to destabilize the nation's security. This crisis is a result of the Somali Civil War, which began in 1991. Altercations between clan-based operations have caused a host of issues over the years, including over 596 civilian casualties, according to the United Nations Assistance Mission in Somalia (UNSOM). Tensions have greatly intensified in 2024, with levels of internal displacement and food insecurity increasing rapidly.
Net Zero by 2050 Delays Needed Urgent Climate Action
- Inter Press Service
CAIRO, Sep 24 (IPS) - Net zero emissions by 2050 prioritise mitigation for climate stabilisation. Pledges to achieve this still distant target have grown but inadvertently delay urgently needed climate action in the near term.
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