By INPS* | IDN-InDepthNews Analysis
Washington DC (IDN) – An emerging-markets focused U.S. hedge fund that bought Peru’s 5.1 billion dollar decades-old military debts is threatening to sue the country.
Gramercy argues that the Peruvian government’s current repayment plan is inadequate and that if payments do not increase, it will sue Peru through a tribunal system embedded in the United States-Peru Free Trade Agreement (PTPA) that entered into force on February 1, 2009.
By J C Suresh | IDN-InDepthNews Analysis
TORONTO (IDN) – A high-ranking UN official has warned against ‘toxic public debates’ in the face of 60 million forcibly displaced people living in a troubled global landscape of increased conflict and called for a global compact on refugee and asylum matters.
By Ramesh Jaura | IDN-InDepthNews Analysis
BERLIN (IDN) – Major nuclear disarmament groups are deeply concerned over speculations whether a Russian Tupolev Tu-160 supersonic bomber, intercepted late September in British airspace, was planning to attack the country and unleash World War 3. They have urged Russian President Vladimir Putin and U.S. President Barack Obama to agree to “an immediate reduction in nuclear risks”.
By International Press Syndicate | IDN-InDepthNews Report*
TORONTO (IDN) – As migrants and refugees from Africa and the Middle East continue to arrive in Europe in unprecedented numbers, a new World Bank/IMF report says that large-scale migration from poor countries to richer regions of the world will be a permanent feature of the global economy for decades to come as a result of major population shifts in countries.
By Kalinga Seneviratne* | IDN-InDepthNews Analysis
SINGAPORE (IDN) – Making a statement during its latest session in Geneva, UN Human Rights Council (UNHRC) chief Zeid Ra’ad Al Hussein lamented that many of their member states do not tolerate criticism and scrutiny and there is an increasing trend of governments moving to restrict and persecute voices of civil society.
“I, together with many of my colleagues at the office, feel exhausted and angry,” Zeid said. “Exhausted, because the system is barely able to cope, given the resources available to it, while human misery accelerates . . . And angry, because it seems that little that we say will change this. Unless we change dramatically in how we think and behave as international actors.”
By Fabíola Ortiz | IDN-InDepthNews Analysis
UNITED NATIONS (IDN) – “We will be working very aggressively to achieve the goal of making the world nuclear free by 2045,” when the United Nations will mark its 100th birthday, declared Erlan Idrissov, Foreign Minister of the Central Asian Republic of Kazakhstan.
By J Nastranis | IDN-InDepthNews Analysis
NEW YORK (IDN) – A new report released after the adoption of 17 Sustainable Development Goals (SDGs) is quite upbeat about Africa’s development prospects, but expresses serious reservations on several counts. “Having made encouraging progress on the Millennium Development Goals (MDGs), African countries have the opportunity” to use the SDGs “to tackle remaining challenges and achieve a development breakthrough,” says the report.
By Fabíola Ortiz | IDN-InDepthNews Analysis
UNITED NATIONS (IDN) – The Sustainable Development Goals (SDGs) are all about “finishing the unfinished business” of the Millennium Development Goals (MDGs), says Amina Mohammed, special adviser to the UN Secretary- General Ban Ki-moon on post-2015 development planning.
By J R Nastranis | IDN-InDepthNews Analysis
NEW YORK (IDN) – The 193-Member United Nations General Assembly formally adopted on September 25 the 2030 Agenda for Sustainable Development, along with a set of what the UN called “bold” new Global Goals. These have however received a mixed response.
WASHINGON (IDN) – The Global Financial Integrity (GFI), a non-profit, research and advisory organization, has highlighted ten stark facts about Sustainable Development Goals and illicit financial flows out of developing countries.
It pointed out in a media release that the scourge that illicit financial flows (IFFs) inflict upon poverty alleviation efforts has become well known and is addressed in the Sustainable Development Goals agenda (target 16.4).
In reaction to the new global commitments, Global Financial Integrity (GFI) President Raymond Baker said “we applaud this important step to curtail the torrent of money streaming out of developing economies.”
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