IDN-InDepthNews

News for a Sustainable World, Peace and Security

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GLOBAL ISSUES

IMF Does Not Trigger ‘Bread Riots’ But Sticks to Old Policies

By Ronald Joshua | IDN-InDepthNews Analysis


BERLIN (IDN) – Hundreds of thousands of poor people joined spontaneous “bread riots” in most major cities in Egypt back in 1977, protesting termination of state subsidies as dictated to the country’s government by the World Bank and the International Monetary Fund (IMF). Those uprisings, which were crushed by the army, underlined the callousness with which the two organizations enforced their aggressive policies of liberalization, turning a blind eye to the sufferings of the people.

Other Intergovernmental Organisations (IGOs)

IMF Does Not Trigger ‘Bread Riots’ But Sticks to Old Policies

BERLIN (IDN) – Hundreds of thousands of poor people joined spontaneous “bread riots” in most major cities in Egypt back in 1977, protesting termination of state subsidies as dictated to the country’s government by the World Bank and the International Monetary Fund (IMF). Those uprisings, which were crushed by the army, underlined the callousness with which the two organizations enforced their aggressive policies of liberalization, turning a blind eye to the sufferings of the people.

SUSTAINABILITY

Trillions Needed to Help Countries Deliver on Climate Commitments

WASHINGTON (IDN) – Trillions, not billions, are required to transition to a low carbon and resilient economy and to prevent more than 100 million people, particularly in Africa and South Asia, being pushed back into poverty over the next 15 years, says the World Bank.

The World Bank Group has committed to increasing the share of its portfolio devoted to climate finance, from the current 21 percent, to 28 percent, over the next five years. “When including financing generated from other partners and associated private sector financing, such financing would amount to a potential $29 billion a year by 2020.”

OPINION

Holding the Mirror for Obama’s Real Gun Policy

WASHINGTON (IDN) – President Barack Obama’s argument that a ban on gun sales to people on the no-fly list is disingenuous. The U.S. is the biggest seller of arms to people much worse than those on that list. Washington sells weapons to tyrants on the most abusive dictators list – which the State Department certifies repeatedly in its annual account of global human rights abusers.

GLOBAL ISSUES

Trillions Needed to Help Countries Deliver on Climate Commitments

By J C Suresh | IDN-InDepthNews Report


WASHINGTON (IDN) – Trillions, not billions, are required to transition to a low carbon and resilient economy and to prevent more than 100 million people, particularly in Africa and South Asia, being pushed back into poverty over the next 15 years, says the World Bank.

The World Bank Group has committed to increasing the share of its portfolio devoted to climate finance, from the current 21 percent, to 28 percent, over the next five years.  “When including financing generated from other partners and associated private sector financing, such financing would amount to a potential $29 billion a year by 2020.”

GLOBAL ISSUES

Holding the Mirror for Obama’s Real Gun Policy

By Emad Mekay* | IDN-InDepthNews Viewpoint


WASHINGTON (IDN) – President Barack Obama’s argument that a ban on gun sales to people on the no-fly list is disingenuous. The U.S. is the biggest seller of arms to people much worse than those on that list. Washington sells weapons to tyrants on the most abusive dictators list – which the State Department certifies repeatedly in its annual account of global human rights abusers.

GLOBAL ISSUES

ACP Keen on a Development Centred Outcome of WTO Conference

By INPS* | IDN-InDepthNews Report

NAIROBI (IDN) – Trade ministers of African, Caribbean and Pacific (ACP) group of countries have emphasized the importance of securing a development centred outcome at the Tenth Ministerial Conference (MC10) of the World Trade Organization (WTO).

This is the first ever WTO conference to be held in Africa – from December 15 to 18, 2015 in Kenya’s capital Nairobi. At a strategic preparatory meeting a day ahead of the conference, WTO members of the 79-nation ACP Group reaffirmed their declaration on the WTO 10th Ministerial Conference, which was previously endorsed in October by trade ministers meeting in Brussels.

Global Goals

Entwicklung: Reiche US-Amerikaner bestimmen Entwicklungspolitik

Von Rodney Reynolds

NEW YORK (IDN) – Nicht nur multinationale Konzerne, auch reiche Philanthropen geben der Politik vor, wohin ihre Entwicklungshilfe fließen soll. Mit Stiftungen beeinflussen sie maßgeblich, wie Armut reduziert, nachhaltige Entwicklung durchgesetzt, der Klimawandel aufgehalten und Menschenrechte geschützt werden, kritisiert eine Studie der kirchlichen Entwicklungsorganisationen Brot für die Welt und MISEREOR und dem in Berlin ansässigen Global Policy Forum.

OPINION

Build a Dike Against the Middle-Easternization of Turkey

WASHINGTON (IDN | GMF) – Ongoing developments in EU-Turkey relations are as significant as they are worrying. In an exceptional summit in November, the EU committed itself to massive financial aid in exchange for Turkey bearing the brunt of a refugee crisis that has sent it over 2 million Syrians since 2011.

Despite the direct threat posed by the self-proclaimed Islamic State group (ISIS) after the Paris terrorist attacks, the summit’s focus was only partly on the transit of foreign terrorist fighters across the porous Turkish-Syrian border that Turkey has recently been working to block.

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