A former fishing village based in the Buhuka flats on the Uganda side of Lake Albert on the DRC border. Residents in the area say oil exploration has come with changes. Credit: Wambi Michael/IPS by Wambi Michael (kampala, buliisa, kikuube) Thursday, September 21, 2023 Inter Press Service KAMPALA, BULIISA, KIKUUBE, Sep…
Experts are calling on countries to change their policies to protect locally produced products. For example, Nigeria is an exporter of rubber but imports tyres; Ghana exports cocoa, but Switzerland is known for chocolate. Here a worker in a factory in Abidjan holds a block of rubber meant for export…
Sara López (C) and other members of the Regional Indigenous and Popular Council of Xpujil are seen here in a photo from 2020, while campaigning against the environmental problems posed by the Mayan Train, which will run through part of southern and southeastern Mexico. The Secretariat (ministry) of National Defense…
Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Thursday, August 24, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Aug 24 (IPS) – International governance arrangements are in trouble. Condemned as ‘dysfunctional’ by some, multilateral agreements have been discarded or ignored by the powerful except when useful to protect their interests or…
Ahunna Eziakonwa Opinion by Ahunna Eziakonwa (tokyo, japan) Wednesday, August 23, 2023 Inter Press Service TOKYO, Japan, Aug 23 (IPS) – At this year’s G7 summit in Japan, global leaders emphasized the importance of unity as the world navigates grave threats to multilateralism. The message was clear – trusted global platforms…
Opinion by Jomo Kwame Sundaram (kuala lumpur, malaysia) Wednesday, July 26, 2023 Inter Press Service KUALA LUMPUR, Malaysia, Jul 26 (IPS) – Currency values and foreign exchange rates change for many reasons, largely following market perceptions, regardless of fundamentals. Market speculation has worsened volatility, instability and fragility in most economies, especially…
Opinion by Bhumika Muchhala, Maria Jose Romero (new york / brussels) Thursday, July 06, 2023 Inter Press Service NEW YORK / BRUSSELS, Jul 06 (IPS) – One message that was repeated throughout last month’s summit on a so-called “New Global Financing Pact” was that developing countries urgently need mass financing to…
Zimbabwean women’s informal savings clubs have been hit by high inflation and the low value of the country’s currency. Credit: Ignatius Banda/IPS by Ignatius Banda (bulawayo) Wednesday, June 28, 2023 Inter Press Service BULAWAYO, Jun 28 (IPS) – For years, self-employed and unemployed women in Zimbabwe formed neighbourhood “clubs” where they…
Opinion by Matti Kohonen (london) Thursday, June 22, 2023 Inter Press Service LONDON, Jun 22 (IPS) – The author is Executive Director of Financial Transparency CoalitionThe sanctions against Russian oligarchs who hold billions of dollars have mostly failed to have a real impact beyond freezing a few yachts and properties. So,…
Long wait at the border between Sudan and Egypt. Credit: Hisham Allam/IPS by Hisham Allam (cairo) Thursday, May 25, 2023 Inter Press Service CAIRO, May 25 (IPS) – The conflict in Sudan is impacting the economy in Egypt, and those who make their living moving goods across the borders have spent…
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