IMF Does Not Trigger ‘Bread Riots’ But Sticks to Old Policies

BERLIN (IDN) – Hundreds of thousands of poor people joined spontaneous “bread riots” in most major cities in Egypt back in 1977, protesting termination of state subsidies as dictated to the country’s government by the World Bank and the International Monetary Fund (IMF). Those uprisings, which were crushed by the army, underlined the callousness with which the two organizations enforced their aggressive policies of liberalization, turning a blind eye to the sufferings of the people.

First Ever UN Security Council Resolution on Youth, Peace and Security

NEW YORK (IDN) – The United Nations Security Council has adopted a resolution on youth, peace and security, which for the first time in its history focuses entirely on the role of young men and women in peace-building and countering violent extremism.

The resolution, sponsored by Jordan, embodies an unprecedented acknowledgment of the urgent need to engage young peace-builders in promoting peace and frustrating extremism. Adopted on December 9, 2015 it also regards the youth and youth-led organizations as important partners in the global efforts to thwart violent extremism and promote lasting peace.

Developing Nations Need Hundreds of Billions To Address Climate Change

PARIS (IDN) – Warming of the climate system is unequivocal. Concentrations of greenhouse gases have increased and as a result the atmosphere and ocean have warmed, the amounts of snow and ice have diminished, sea level has risen, and the impacts are being felt in particular by developing countries. According to the latest science, the emissions gap with respect to the 2 degree or 1.5 degree goal is not closing.

79-Nation ACP Group Set to Become a Global Player

Fiji Prime Minister
Voreqe Bainimarama
Lesotho Finance Minister
Dr. ‘Mamphono Khaketla
ACP Secretary General
Dr Patrick I. Gomes


BERLIN | BRUSSELS (IDN) – The 79-nation group of Afrian, Caribbean and Pacific (ACP) countries is determined to become a global player within and outside the United Nations system and at the same time bring the Brussels-based Secretariat closer to the seven ACP regions by participating in regional summits, on-going discussions within the group reveal.

Development Agenda Crucial for Nairobi Global Trade Conference

BRUSSELS (IDN) – The year 2015 has witnessed a number of global events so important to development, namely; the Financing for Development Conference that took place in Addis Ababa from July 13 to16, 2015, the United Nations Sustainable Development Summit in New York that took place from the September 25 to 27, 2015, the United Nations Climate Change Conference (COP21) scheduled to take place in Paris from the November 30 to December 11, 2015 and the World Trade Organization Tenth Ministerial Conference (MC10) scheduled for the December 15 to 18, 2015 in Nairobi Kenya.

This is the first time that a WTO Ministerial Conference will be held on the continent of Africa and in an ACP Country, therefore I have no doubt that we are all equally enthused by this fact. Some reports from Geneva on developments in the negotiations at the WTO might damper our enthusiasm.

Agreement on issues of particular interest to the ACP Group, especially the development aspect, remains elusive. We have learnt of sentiments from some WTO Members that suggest that it is now time to fold the Doha Development Round (DDA) and close shop because of this lack of agreement on the issues under negotiation.

ACP Ministers Convene to Adopt Strategy for Global Trade Meet in Kenya

BRUSSELS (IDN) – African, Caribbean and Pacific (ACP) countries’ trade ministers will gather in Brussels on October 19 for a strategic two-day meeting to prepare for the Tenth Ministerial Conference of the World Trade Organization (WTO), to be held in Nairobi, Kenya from December 15-18.

According to the ACP Secretariat, the meeting would discuss ACP strategy and adopt a Declaration on the WTO ministerial conference in Nairobi. Key issues of concern for the ACP Group include those related to development, agriculture, Non-Agricultural Goods Market Access (NAMA), and appropriate provisions for Least Developed Countries (LDCs) and Small and Vulnerable Economies (SVEs).

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