News headlines for “Global Financial Crisis”, page 48
South Korea’s Democracy Defended
- Inter Press Service

LONDON, Dec 20 (IPS) - Democracy is alive and well in South Korea. When President Yoon Suk Yeol tried to impose martial law, the public and parliamentarians united to defend it. Now Yoon must face justice for his power grab.
2024 Is The Hottest Year Ever Recorded
- Inter Press Service

UNITED NATIONS, Dec 20 (IPS) - The World Meteorological Organization (WMO) warns that 2024 is on track to be the hottest year in recorded history, surpassing 2023. This can be attributed to heightened reliance on fossil fuels and the reluctance of industries worldwide to pivot to green energy practices. The rapid acceleration of global temperatures has alarmed scientists, with many expressing concern over the environmental, economic, and social implications of the worsening climate crisis.
Museum of Modern Art Set to Launch in Cotonou, Showcase Beninese Artists
- Inter Press Service

COTONOU, Benin, Dec 20 (IPS) - Construction of the new Museum of Modern Art is underway in Cotonou, Benin’s largest city. The museum, along with three others being built throughout the country, are part of the Beninese government’s extensive plan to ramp up the nation’s tourism industry and preserve its culture. It is expected to open at the end of 2026.
Why is It So Hard to Change? Insights from the 2024 Human Development Report on Chile
- Inter Press Service

SANTIAGO, Chile, Dec 20 (IPS) - As many middle-income countries in the world, Chile finds itself at a critical juncture. The country has made significant progress over the past decades in terms of economic growth and poverty reduction, yet many structural challenges remain.
Why Funders Must Step Up Financing for Development in 2025
- Inter Press Service

WASHINGTON DC, Dec 19 (IPS) - As the global community races to close the staggering $4.2 trillion financing gap needed to achieve the Sustainable Development Goals (SDGs), the Fourth International Conference on Financing for Development (FfD4) emerges as a crucial juncture.
African Public Transport Struggles To Match Urban Growth
- Inter Press Service

BULAWAYO, Dec 18 (IPS) - As the population in African cities grows, governments are struggling to provide sustainable public transport solutions, conditions that have led to gridlock in major business districts.
Interlinked Solutions Key to Tackling Biodiversity, Water, Food, Health and Climate Change, says IPBES
- Inter Press Service

WINDHOEK & BULAWAYO, Dec 17 (IPS) - Biological diversity is on the decline worldwide, and current approaches to address its loss have been piecemeal and ineffective in tackling the crisis facing nature—this is despite estimates that over half of global GDP (USD 58 trillion of economic activity in 2023) is generated in sectors that are moderately to highly dependent on nature, a new report by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) finds.
New Geopolitics Worse for Global South
- Inter Press Service

KUALA LUMPUR, Malaysia, Dec 17 (IPS) - The new geopolitics after the first Cold War undermines peace, sustainability, and human development. Hegemonic priorities continue to threaten humanity’s well-being and prospects for progress.
Avian flu reported in 108 countries across five continents, says UN health agency
- UN News

Avian influenza has caused the deaths of more than 300 million birds worldwide and the virus “is increasingly crossing species barriers”, according to UN health officers.
Bangladesh in Crisis: Which way out?
- Inter Press Service

SYDNEY, Dec 16 (IPS) - This piece is not about the crisis or the chaos that the country is now facing after successfully toppling the autocratic regime of Sheikh Hasina. Rather, it is about the crisis of confidence and social capital or trust — interlinked, nonetheless.
Global Issues