No More U.S. Money For Overseas Coal Plants

By Athena Ballesteros of World Resources Institute
IDN-InDepth NewsAnalysis

The U.S. Department of the Treasury issued on October 29, 2013 a policy document ending Washington’s support for multilateral development bank (MDB) funding for new overseas coal projects except in narrowly defined circumstances. Treasury Under Secretary for International Affairs Lael Brainard explained: “By encouraging the use of clean energy in multilateral development bank projects, we are furthering U.S. efforts to address the urgent challenges of climate change.” World Resources Institute’s Project Manager of International Financial Flows and Environment Project, Athena Ballesteros, analyses the significance of the initiative in a blog.

Mixed Praise For Chile’s Economic Performance

By J C Suresh | IDN-InDepth NewsAnalysis

TORONTO (IDN) – Chile has received kudos for making significant economic progress in the previous three years but has been faulted for “some glaring inequalities”. A new study finds that – together with Mexico – Chile displays “the greatest inequality gap” in the 34-nation Organisation for Economic Co-operation and Development (OECD).

The average income of the wealthiest 10 percent in Chile and Mexico is 27 times that of the poorest 10 percent, in other words, a ratio of 27 to 1. By contrast, the OECD average is around 10 to 1, informs the 2013 Economic Survey of Chile.

From US Shutdown To A De-Americanized World?

By Martin Khor* | IDN-InDepth NewsAnalysis

GENEVA (IDN) – The world waited with bated breath as the deadline neared. And breathed a sigh of relief when at the last minute the United States avoided crossing its “debt ceiling” and a default on its debts.

The debt ceiling was raised, and the government shutdown also ended, after weeks of a high-profile standoff between U.S. President Barrack Obama and the Republicans in Congress. But this relief was mixed with incredulity and frustration.

Firstly, the respite is only temporary; the can is just kicked down the road. The deadlines for government shutdown and debt ceiling are shifted some weeks away to January and February 2014.

Challenges Remain But Good News For Nuclear Disarmament

By Ramesh Jaura* | IDN-InDepth NewsAnalysis

BERLIN (IDN) – There is a lot of good news on the nuclear disarmament front but there are miles to go before the campaigners for banning the bomb can ‘lie down and sleep in peace’. Almost seventy years after the first use of nuclear weapons in Hiroshima and Nagasaki, about 17,000 continue to threaten the very survival of humankind.

Disarmament The Key To Sustaining Future Generations

By Joan Erakit* | IDN-InDepth NewsAnalysis

NEW YORK (IDN) – Striving to promote the interest of future generations through policy making, The World Future Council gathers each year to review strategies that are progressive and change the way our global community functions.

The process begins with a serious question: what are the most important topics of our time and which countries are addressing them with such vigour, others take notice?

This is the task given to the World Future Council in partnership with the Inter-Parliamentary Union (IPU) and the United Nations Office for Disarmament Affairs (UNODA) – a trifecta with the goal of affecting positive change.

‘Endless Enemies’ Inflict US Foreign Policy

By Julio Godoy | IDN-InDepth NewsAnalysis

BARCELONA (IDN) – During the early 1980s, distinguished U.S. international affairs journalist Jonathan Kwitny started a journey throughout the world, to analyse his country’s foreign policy since the late 1940s. Kwitny, who had reported among other media for the Wall Street Journal, came to a disparaging conclusion: The U.S., which had emerged as the champion of the “free” world for its decisive intervention against Nazi Germany and Fascist Japan, and as such stood against the Soviet Union, did not care for democracy and human rights, but only for what its governments considered as “national interests”.

Sweden Commended For Global Development Aid

By Richard Johnson | IDN-InDepth NewsAnalysis

PARIS (IDN) – At a time when international development cooperation does not draw public focus, a new report highlights Sweden’s significant contribution to assisting countries in need of money they cannot afford to muster on capital markets. According to the Organisation for Economic Co-operation and Development (OECD), Sweden provided USD 5.24 billion in official development assistance (ODA) in 2012. This amounted to 0.99 percent of its gross national income (GNI) – in excess of the United Nations’ target of 0.7 percent of GNI.

Latin America: Headwinds Challenging Progress

By J C Suresh | IDN-InDepth NewsReport

TORONTO (IDN) – Latin America has achieved economic growth and made significant progress in poverty reduction over the course of the last decade. But it is now facing headwinds, according to the latest Latin American Economic Outlook.

Jointly produced by the OECD Development Centre, the UN Economic Commission for Latin America and the Caribbean (UN ECLAC) and CAF – Development Bank of Latin America, the report was released in Panama City during the XXIII Ibero-American summit on October 18-19, 2013.

“Between 2003 and 2012, the region grew at an average annual rate of 4% thanks to the rapid rise of global trade and increasing commodity prices, and this despite the contraction brought about by the international financial crisis,” states the report.

Female Share in Latam Labour Market Rising

By Oscar Ugarteche, Valentina Ballesté* | IDN-InDepth NewsAnalysis

QUITO (IDN) – With no haste, but without pause, the participation of women in the labour market has seen accelerated growth since the 1970s, according to the Panorama Laboral 2012 of the International Labour Organization (ILO). There is a gradual closing of the differences in participation between men and women in the labour force.

The participation rate of women in Latin America in 2012 was 49.8%, the employment rate was 40.2% and the unemployment rate 7.7%, while for men the participation rate was 71.4%, employment 59.8% and unemployment 5.6%. (1)

Iran-US Relations: Restoration Benefits Both

By Nasser Saghafi-Ameri* | IDN-InDepth NewsAnalysis

TEHRAN (IDN | Iran Review) – After nearly 35 years of estrangement between Iran and the United States, a short phone call between President Rouhani and President Obama on September 27, 2013 culminated into a marathon diplomacy which started few days earlier at the United Nations and following the blessing of the Supreme Leader Ayatollah Seyed Ali Khamenei in what he qualified as ‘Heroic Flexibility’.

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top