Global IssuesNews headlines for “Free Trade and Globalization”, page 5
South Africa's G20 Presidency in 2025: A Pivotal Moment for the Country and Africa
- Inter Press Service
UNITED NATIONS, Dec 03 (IPS) - In 2025, South Africa will assume the presidency of the G20, a pivotal moment in the African country's international diplomatic efforts.
The Group of Twenty (G20), is an intergovernmental economic forum comprising 19 countries and two regional unions - the European Union (EU), and recently the African Union (AU). It represents 85 per cent of the global economy, 75 per cent of world trade and 67 per cent of the global population.
COP29 Falls Short on Finance
- Inter Press Service
LONDON, Dec 02 (IPS) - COP29, the latest annual climate summit, had one job: to strike a deal to provide the money needed to respond to climate change. It failed.
This was the first climate summit dedicated to finance. Global south countries estimate they need a combined US$1.3 trillion a year to transition to low-carbon economies and adapt to the impacts of climate change. But the last-minute offer made by global north states was for only US$300 billion a year.
Giving the Ocean a Fighting Chance Through the Great Blue Wall
- Inter Press Service
VICTORIA, Seychelles, Dec 02 (IPS) - The Ocean is our life source, but for decades it has been repeatedly marred by humankind. With the disposal of pollutants into the Ocean, overexploitation of Ocean resources and the human-driven increase of global temperatures, the Ocean is changing and not for the better.
Our Oceans are warming, corals are dying, fish stocks are declining, toxic chemicals are being released into the Ocean – these eAects are clearly visible today, but there is hope. There are organisations from all around the world that are fighting to save our Ocean.
Maya Train is Yet to Deliver Promised Benefits
- Inter Press Service
VALLADOLID, Mexico, Nov 29 (IPS) - Indigenous craftsperson Alicia Pech doesn’t know about the Maya Train (TM), the Mexican government's most emblematic megaproject that runs through five states in the country’s south and southeast
Solar Project Causes Social and Environmental Conflict in Rural El Salvador
- Inter Press Service
IZALCO, El Salvador, Nov 28 (IPS) - With machete in hand, Salvadoran farmer Damián Córdoba weeds the undergrowth covering the trunk of what was once a leafy tree to show the deforestation taking place on the Santa Adelaida farm, where a company seeks to install a solar park in western El Salvador.
Wages are recovering after negative shift in 2022, says UN labour agency
- UN News
Pay packets around the world rose 1.8 per cent in 2023 and continued their positive trajectory in the first half of the year, rising by 2.7 per cent on the back of a strong post-COVID global recovery, the UN International Labour Organization (ILO) said on Thursday.
Mayan Farmers Improve Their Livelihoods and Polyculture of Milpa in Mexico
- Inter Press Service
CHACSINKIN, Mexico, Nov 25 (IPS) - María Bacab, a Native Maya, considers herself the “guardian of seeds” as she cares for the milpa - an ancestral Mesoamerican polyculture that mixes maize, beans, squash and other vegetables - and promotes its practice and use in Mexico.
Solar and Wind Power Wealth Does Not Reach Consumers in Chile
- Inter Press Service
SANTIAGO, Nov 20 (IPS) - Chile, a country rich in solar and wind energy and with huge photovoltaic power stations and wind turbines in its elongated territory, managed to change its grid by incorporating renewable energies, which account for an installed capacity equivalent to 43.8 % of its electricity production.
Definitely Not on Track to save Life on Planet
- Inter Press Service
VICTORIA, Seychelles, Nov 19 (IPS) - Alongside climate finance, COP29 currently being held in Baku, Azerbaijan, was expected to serve as an important platform for nations to demonstrate their intention to submit stronger national climate commitments, strengthen adaptation efforts, and show tangible progress and action on previous pledges.
Western Finance Ruining Economies of the Rest
- Inter Press Service
KUALA LUMPUR, Malaysia, Nov 19 (IPS) - Western financial policies have been squeezing economies worldwide. After being urged to borrow commercial finance heavily, developing countries now struggle with contractionary Western monetary policies.
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