IDN-InDepthNews

News for a Sustainable World, Peace and Security

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UN INSIDER

Youth Campaign for a Legally Binding Global Ban on Nuclear Tests

BERLIN | VIENNA (IDN) – An international group of students and young graduates has decided to campaign for North Korea and seven other hold-out states ratifying a global treaty banning all nuclear tests so that it becomes legally binding for all states.

Since the Comprehensive Nuclear-Test-Ban Treaty (CTBT) was opened for signature twenty years ago, 183 countries have signed it, of which 164 have also ratified it, including three of the nuclear weapon States: France, Russia and the United Kingdom.

But 44 specific nuclear technology holder countries must sign and ratify before the CTBT can enter into force. Of these, China, Egypt, India, Iran, Israel, North Korea, Pakistan and the USA are still missing. In fact, India, North Korea and Pakistan have yet to sign the CTBT.

SYNDICATION, UNITED NATIONS

Youth Campaign for a Legally Binding Global Ban on Nuclear Tests

By Jamshed Baruah | IDN-InDepthNews Report


BERLIN | VIENNA (IDN) – An international group of students and young graduates has decided to campaign for North Korea and seven other hold-out states ratifying a global treaty banning all nuclear tests so that it becomes legally binding for all states.

Since the Comprehensive Nuclear-Test-Ban Treaty (CTBT) was opened for signature twenty years ago, 183 countries have signed it, of which 164 have also ratified it, including three of the nuclear weapon States: France, Russia and the United Kingdom.

But 44 specific nuclear technology holder countries must sign and ratify before the CTBT can enter into force. Of these, China, Egypt, India, Iran, Israel, North Korea, Pakistan and the USA are still missing. In fact, India, North Korea and Pakistan have yet to sign the CTBT.

SYNDICATION, Think-Tanks

Argentina’s Deal Calls for a Debt Workout Mechanism

Analysis by Yuefen Li*

GENEVA (INPS | South Centre) – Argentina signed an agreement in principle on February 29, 2016 with four “super holdout” hedge funds including NML Capital Ltd, Aurelius Capital, Davidson Kempner and Bracebridge Capital. Buenos Aires would pay them a total of about $4.65 billion, amounting to 75 percent of the principal and interest of all their claims of Argentina’s bonds that were defaulted on during the 2001 debt crisis.

The payment is to be made in cash before April 14, 2016, provided that Argentina’s Congress approves the repeal of Argentina’s domestic laws, namely the Lock Law and the Sovereign Payment Law, which prohibit the country from proposing terms to the holdouts that are better than those Argentina offered to its creditors in earlier restructurings.

Asia-Pacific

India and China can Rescue Asian Century from Oblivion

BEIJING (IDN | INPS) – One term which gained currency in the millennium’s first decade was ‘Asian Century’. The term represented a promise, a prospect and a goal; and, invariably, was used with optimism. For a while, it was as evocative as the term ‘21st century’ was in the 1980s, replete with visions of new vistas of life, living and development far removed from the poverty, deprivation and tribulations suffered by the world’s oppressed majority in the 20th century.

When the 21st century was actually upon us, much of the romantic yearning for it had ceased. Similarly, invocation of ‘Asian Century’ ceased to resonate with the aspirations it brought to mind. It came to be used less frequently, especially in capitals such as Beijing and New Delhi.

GLOBAL ISSUES

India and China can Rescue Asian Century from Oblivion

By Shastri Ramachandaran | IDN-InDepthNews Viewpoint


BEIJING (IDN) – One term which gained currency in the millennium’s first decade was ‘Asian Century’. The term represented a promise, a prospect and a goal; and, invariably, was used with optimism. For a while, it was as evocative as the term ‘21st century’ was in the 1980s, replete with visions of new vistas of life, living and development far removed from the poverty, deprivation and tribulations suffered by the world’s oppressed majority in the 20th century.

When the 21st century was actually upon us, much of the romantic yearning for it had ceased. Similarly, invocation of ‘Asian Century’ ceased to resonate with the aspirations it brought to mind. It came to be used less frequently, especially in capitals such as Beijing and New Delhi.

Asia-Pacific

Jade Industry Key to Democratic Reform in Myanmar

This article is the third in a series of joint productions of Lotus News Features and IDN-InDepthNews, flagship of the International Press Syndicate.

SINGAPORE (IDN | Lotus News Features) – As a new government led by Aung San Suu Kyi takes over in Myanmar this month (March), reforming the country’s jade mining industry and ensuring that the benefits flow to the people and the national coffers would be the litmus test of its democratic credentials.

Many people tend to conclude that having a free and fair multi-party election and a long serving government being overthrown by the peoples’ verdict is the ultimate test of a country’s flowering of democracy. But, in today’s globalized economic system that by itself is not enough.

GLOBAL ISSUES

Jade Industry Key to Democratic Reform in Myanmar

By Kalinga Seneviratne* | IDN-InDepthNews Feature


This article is the third in a series of joint productions of Lotus News Features and IDN-InDepthNews, flagship of the International Press Syndicate.

SINGAPORE (IDN | Lotus News Features**) – As a new government led by Aung San Suu Kyi takes over in Myanmar this month (March), reforming the country’s jade mining industry and ensuring that the benefits flow to the people and the national coffers would be the litmus test of its democratic credentials.

Individual Journalists, SYNDICATION

What Iranian Elections Mean for the Middle East

TORONTO (INPS) – What are the messages Iranians signalled by their robust election campaign and high turn out? Western nay-sayers say it shows discontent. But perhaps with a touch of envy, at a time when western politics is rife with discontent and yet elicits at best a yawn, or at worse, looks more like a circus. The Islamic revolution has had bad press in the West from the start, but the results show a level of freedom that contrasts favourably with the West, and puts paid to the mantra that the 2009 elections were stolen by the bad guys.

UN INSIDER

New Sanctions on North Korea May Prove Counterproductive

UNITED NATIONS (IDN | INPS) – After nearly two months of closed-door negotiations, the 15 member UN Security Council (UNSC) decided to impose new sanctions on North Korea penalizing Pyongyang for its fourth nuclear test conducted on January 6.

The resolution, adopted unanimously by the UNSC, imposed some of the toughest sanctions on North Korea calling on all UN member states to inspect cargo destined for – and coming from – Pyongyang, in all airport and sea ports.

The sanctions include restrictions on the export of coal, iron, iron ore or other minerals, while prohibiting the supply of aviation fuel, including rocket fuel. The resolution also mandates member states to expel North Korean diplomats involved in Illicit trafficking.

SYNDICATION, UNITED NATIONS

New Sanctions on North Korea May Prove Counterproductive

By Rodney Reynolds | IDN-INPS Analysis


UNITED NATIONS (IDN | INPS) – After nearly two months of closed-door negotiations, the 15 member UN Security Council (UNSC) decided to impose new sanctions on North Korea penalizing Pyongyang for its fourth nuclear test conducted on January 6.

The resolution, adopted unanimously by the UNSC, imposed some of the toughest sanctions on North Korea calling on all UN member states to inspect cargo destined for – and coming from – Pyongyang, in all airport and sea ports.

The sanctions include restrictions on the export of coal, iron, iron ore or other minerals, while prohibiting the supply of aviation fuel, including rocket fuel. The resolution also mandates member states to expel North Korean diplomats involved in Illicit trafficking.

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