By Arul Louis* United Nations. 2 September 2023 (IDN) — Albania, which holds the presidency of the Security Council this month, is planning to launch a platform for the private sector to work with the world organization in providing humanitarian assistance, according to the nation’s Permanent Representative Ferit Hoxha. On 1 September, he said that […]
BRICS Summit: The “Legitimate Aspirations” of Developing Economies – Part 3
By Somar Wijayadasa* Editor’s note: This is the third of a three-part article dealing with an issue of immense interest to our readers and a subject that affects all developing countries. Read Part-2 here NEW YORK. 30 August 2023 (IDN) — On the final day of the historic BRICS Summit held in South Africa from […]
BRICS Jumps to Africa’s Rescue
By Jeffrey Moyo HARARE, Zimbabwe. 29 August 2023 (IDN) — The three-day BRICS Summit from 22-24 August 2023 in South Africa has raised hopes across the African continent that a new deal for development aid to Africa could be taking shape that will be more fair and equitable. For decades, critics have pointed out that […]
BRICS Summit: The Irresistible Move to a Multipolar World – Part 2
By Somar Wijayadasa* Editor’s note: This is the second of a three-part article dealing with an issue of immense interest to our readers and a subject that affects all developing countries. Read Part-1 here NEW YORK. 29 August 2023 (IDN) — The historic three-day BRICS Summit, held in South Africa from 22-24 August 2023, attended […]
BRICS Summit: The Foundation for a Multipolar World – Part 1
By Somar Wijayadasa* Editor’s note: This is the first of a three-part article dealing with an issue of immense interest to our readers and a subject that affects all developing countries. NEW YORK. 28 August 2023 (IDN) — With a massive gathering of leaders of non-Western nations—surpassed only by that of the 114-member Non-Aligned Movement (NAM) […]
The U.S. Has No Alternative to Adjusting to A Multipolar World
By Medea Benjamin and Nicolas J. S. Davies* NEW YORK. 25 August 2023 (IDN) — In his 1987 book, The Rise and Fall of the Great Powers, historian Paul Kennedy reassured Americans that the decline the United States was facing after a century of international dominance was “relative and not absolute, and is therefore perfectly natural; […]
Global Trade Rebounds, But the Outlook for 2023 Is Bleak
By Jaya Ramachandran GENEVA, 21 June 2023 (IDN) — Trade in goods and services rebounded between January and March 2023 after two consecutive quarters of decline. However, the outlook for the rest of the year is bleak. According To UNCTAD‘s Latest Global Trade Update, published on 21 June, global merchandise trade rebounded both in volume […]
Persons with Different Outlooks Head Two Development Banks
By Vijay Prashad* This article was produced by Globetrotter. NORTHAMPTON, Massachusetts | USA, 7 April 2023 (IDN) — In late February 2023, U.S. President Joe Biden announced that the United States had placed the nomination of Ajay Banga to be the next head of the World Bank, established in 1944. There will be no other […]
UN Focuses on Global Sustainable Development in 2023
By J Nastranis NEW YORK (IDN) — The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs) comprising 169 targets, which are […]
German Experts Study the Impact of Economic Sanctions Against Iran and Russia
By Jutta Wolf BERLIN (IDN) — Researchers at the Institute for World Economy IfW Kiel and DIW Berlin have analysed the economic impact of jointly implementing punitive measures in the context of the 2012 Iran and 2014 Russia sanctions. They find that coalitions serve two crucial purposes—they not only magnify the economic cost imposed on […]