UN Gloomy About Prospects of Global Economy

By R. Nastranis | IDN-InDepth NewsReport

GENEVA (IDN) – Four years after the outbreak of the global financial crisis, the world economy is still struggling to recover but 2013 holds out good prospects for the economies of the least developed countries (LDCs), says the United Nations.

A new UN report titled ‘World Economic Situation and Prospects 2013’ expects GDP (Gross Domestic Product) growth to average 5.7 per cent in the New Year, up from 3.7 per cent in 2012. “However, most of the rebound is expected to come from improvements in economic conditions in Yemen and Sudan, following notable contractions of both economies in the face of political instability during 2010 and 2011,” says the report.

The Rape and Hypocrisy of Indian Politicians

By Suresh Jaura*
IDN-InDepth NewsAnalysis

NEW DELHI (IDN) – Over the years, there have been cases of step-fathers / uncles / grandfathers, coming from different classes and religions in different countries, raping or molesting the ones who trust them the most. The cases are hidden to protect so-called ‘family honour’. The recent gang-rape of a 23-year student in a moving bus in Delhi has outraged the public who have protested against the inaction of the authorities including the police and transport licensing body.

Zero Interest Loans For The Poor Until 2014

By J C Suresh
IDN-InDepth NewsReport

TORONTO (IDN) – As part of a wider strategy to support concessional lending to poorer countries that are combating the effects of the global economic crisis, the International Monetary Fund (IMF) has approved a two-year extension to the zero interest rates charged on loans to low-income countries

Subsequent to further weakening of global growth and low-income countries’ declining ability to withstand the crisis, the IMF approved a second extension to the exceptional interest waiver on loans under its Poverty Reduction and Growth Trust (PRGT).

Lessons From 1962 Sino-Indian War

By S.G.Vombatkere*
IDN-InDepth NewsAnalyis

NEW DELHI (IDN) – Institutions and nations rarely if ever learn from successes, but it is possible and necessary to learn from institutional or national failure. This is particularly true of military operations. On October 20, it was 50 years since India and China went to war, there is vigorous public debate regarding India’s humiliating defeat. It is vital that the “how” and “why” of the failure are brought to light so that India, as a mature democracy, can learn from them. The “who” issue is unimportant since all the principal political, bureaucratic and military actors of the debacle are dead.

The Relevance of Steady State Economics

By Brian Czech*
IDN-InDepth NewsViewpoint

ARLINGTON | USA (IDN) – The Center for the Advancement of the Steady State Economy (CASSE) has been the leading organization in advancing the steady state economy as a policy goal for nearly ten years. Maybe that’s not saying much, because CASSE has been the only organization focused on advancing the steady state economy. But times, they are a-changin’.

Others are sure to come on-board as climate change, biodiversity loss, supplies shocks and other formidable problems are all traced back to too much economic growth. Too much production and consumption of goods and services in the aggregate. Too much population and per capita consumption. Too much GDP. Too much economic activity for the planet and its polities to take.

Negotiate with North Korea Sans Illusions

By Daniel Pinkston*
IDN-InDepth NewsAnalysis | Crisis Group’s Blog

SEOUL (IDN) – North Korea has beaten its South Korean rival in the race to place a satellite into earth orbit, becoming the 10th nation to do so. Despite this impressive scientific and engineering achievement, the launch (on December 12) violates UN Security Council resolutions that prohibit all North Korean launches using ballistic technologies. Pyongyang argues that as a signatory to the Outer Space Treaty it has the sovereign right to launch satellites because Article 1 stipulates that “outer space…shall be free for exploration and use by all states without discrimination of any kind…”

Negotiate with North Korea Sans Illusions

By Daniel Pinkston*
IDN-InDepth NewsAnalysis | Crisis Group’s Blog

SEOUL (IDN) – North Korea has beaten its South Korean rival in the race to place a satellite into earth orbit, becoming the 10th nation to do so. Despite this impressive scientific and engineering achievement, the launch (on December 12) violates UN Security Council resolutions that prohibit all North Korean launches using ballistic technologies. Pyongyang argues that as a signatory to the Outer Space Treaty it has the sovereign right to launch satellites because Article 1 stipulates that “outer space…shall be free for exploration and use by all states without discrimination of any kind…”

Upsurge in Support for Death Penalty Abolition

By J C Suresh | IDN-InDepth NewsReport

TORONTO (IDN) – There are miles and miles to go before capital punishment is at last accepted as a remnant of the gory past and abolished. But indications are that it is slowly on its way out. Amnesty International has welcomed an upsurge in global support for abolition of the death penalty, after the UN General Assembly (UNGA) voted overwhelmingly in favour of a moratorium on the use of the death penalty.

In the vote on December 20, the fourth such vote by the plenary session of the UNGA since 2007, 111 states voted for the resolution – an increase of two from the last vote in 2010. There were 41 votes against, with 34 abstentions.

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