Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, November 22, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Nov 22 (IPS) – In recent decades, failure to sustain economic progress has been blamed on a supposed middle-income country (MIC) trap. Such blaming obscures as much as it supposedly explains. The ‘middle-income…
José Lonardi stands in his tiny candy and beverage shop in downtown Buenos Aires. Customers, he says, have lost all reference points for the price of products in Argentina and so nothing surprises them anymore. CREDIT: Daniel Gutman / IPS by Daniel Gutman (buenos aires) Thursday, November 16, 2023 Inter Press…
Credit: Tomás Cuesta/Getty Images Opinion by Ines M Pousadela (montevideo, uruguay) Friday, November 03, 2023 Inter Press Service MONTEVIDEO, Uruguay, Nov 03 (IPS) – For many of Argentina’s voters the choice in the 19 November presidential runoff is between the lesser of two evils: Sergio Massa, economy minister of a government…
On residential streets of Caracas with little traffic it is possible to see cars that have been abandoned by their owners for years. They probably migrated from Venezuela or cannot afford to repair and sell their vehicles. CREDIT: Humberto Márquez / IPS by Humberto Marquez (caracas) Monday, October 23, 2023 Inter…
Credit: Fiona Goodall/Getty Images Opinion by Andrew Firmin (london) Friday, October 20, 2023 Inter Press Service LONDON, Oct 20 (IPS) – It’s a rapid reversal for New Zealand’s Labour Party, in power for six years. At the last election in 2020 it won an outright majority, the first party to do…
Tabeth Gowere (76) makes extra cash from weaving plastic waste. A group of seniors started weaving plastic out of a need to improve the environment and make some extra cash. Credit: Jeffrey Moyo/IPS by Jeffrey Moyo (harare) Friday, October 20, 2023 Inter Press Service HARARE, Oct 20 (IPS) – They do…
by Thalif Deen (united nations) Monday, October 09, 2023 Inter Press Service UNITED NATIONS, Oct 09 (IPS) – The World Bank and the International Monetary Fund (IMF) are returning to Africa, for the first time in decades, with the “same old failed message”. “Cut your spending, sack public service workers, and…
Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, October 04, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Oct 04 (IPS) – Ajay Banga was anointed World Bank president for promoting financial inclusion. Thanks to its success and interest rate hikes, more poor people are drowning in debt as consumer prices…
Opinion by Patricia Scotland (london) Monday, September 18, 2023 Inter Press Service LONDON, Sep 18 (IPS) – The author is Commonwealth Secretary-GeneralIn today’s increasingly interconnected world, marked by grave economic, environmental, and security crises that transcend global boundaries, it’s abundantly clear that our interdependence is an undeniable reality. Rt Hon Patricia…
Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, August 30, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Aug 30 (IPS) – The United Nations Secretary-General’s Dialogue on Financing for Development on 20 September may well be the world’s last chance to save the Sustainable Development Goals (SDGs) and curb global…
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