Global News Blog / IPS Friday, May 02, 2008 All rights reserved, IPS – Inter Press Service, 2008. By Abid Aslam WASHINGTON, May 2 (IPS) – In the troubled U.S. economy, even good news turns to gloom on closer inspection. Consumer spending rose 0.4 percent in March, the Commerce Department said Thursday. On the face [...]
Sovereign Wealth Funds: power vs principle
May 1, 2008 By
Global News Blog / OpenDemocracy.net May 1, 2008 Copyright © Fred Halliday – OpenDemocracy.net, 2008 This article by Fred Halliday and openDemocracy.net is being published on globalnewsblog.com under a Creative Commons licence. You may republish it free of charge with attribution for non-commercial purposes following these guidelines. By Fred Halliday The rise of “sovereign wealth [...]
POLITICS-US: Economy High in Public’s Foreign Policy Worries
April 30, 2008 By
Global News Blog / IPS Wednesday, April 30, 2008 All rights reserved, IPS – Inter Press Service, 2008. Jim Lobe WASHINGTON, Apr 30 (IPS) – The price of oil and other international economic issues are rapidly taking centre stage among the dominant foreign policy concerns of the U.S. public, which has also become increasingly sceptical [...]
INDIA: Blames West For High Food, Energy Prices
April 29, 2008 By
Global News Blog / IPS Tuesday, April 29, 2008 All rights reserved, IPS – Inter Press Service, 2008. By Paranjoy Guha Thakurta NEW DELHI, Apr 29 (IPS) – While moving firmly to curb inflationary trends, India’s coalition government, which faces a general election next year, continues to blamed a poorly managed international financial system for [...]
POLITICS-MALAYSIA: Equitable Distribution of Wealth – The Challenge
April 27, 2008 By
Global News Blog / IPS Sunday, April 27, 2008 All rights reserved, IPS – Inter Press Service, 2008. By Anil Netto PENANG, Apr 27 (IPS) – With Malaysia’s opposition pact in the ascendancy after stunning gains in a general election last month, some are wondering how different their economic policies are likely to be if [...]
LATIN AMERICA: Eliminating Poverty at Low Cost
April 26, 2008 By
Global News Blog / IPS Saturday, April 26, 2008 All rights reserved, IPS – Inter Press Service, 2008. By Mario Osava* – Tierramérica RIO DE JANIERO, Apr 26 (IPS) – The success of pioneering efforts to reduce inequality and poverty using relatively few resources has led to an expansion in Latin America of direct aid, [...]
EUROPE: Subsidies Feeding Food Scarcity
April 25, 2008 By
Global News Blog / IPS April 25, 2008 All rights reserved, IPS – Inter Press Service, 2008. By Julio Godoy BERLIN, Apr 25 (IPS) – European subsidies for agriculture are contributing to rapidly rising food prices and the destruction of small-scale farming in the South, experts say. ”Farmers in countries of the South cannot compete [...]
ECONOMY-MEXICO: Sunny Today, Cloudy Tomorrow
April 25, 2008 By
Global News Blog / IPS April 25, 2008 All rights reserved, IPS – Inter Press Service, 2008. By Diego Cevallos MEXICO CITY, Apr 25 (IPS) – So far, the Mexican economy has not fallen prey to the ills affecting its principal trading partner, the United States, and is surviving internal political tensions arising from government [...]
AGRICULTURE: What is Really Causing ‘Agflation’?
April 25, 2008 By
Global News Blog / IPS April 25, 2008 All rights reserved, IPS – Inter Press Service, 2008. By Mario Osava RIO DE JANEIRO, Apr 25 (IPS) – The old laws of the marketplace are no longer working. Food prices have been rising for six years because of surging demand, and increased production is not restoring [...]
ECONOMY: IMF Reforms Itself, A Little
Global News Blog / IPS Tuesday, April 29, 2008 All rights reserved, IPS – Inter Press Service, 2008. By John Vandaele BRUSSELS, Apr 29 (IPS) – The poor have been given a little more say in the IMF. It is still a small step, but the biggest such in the last 60 years. The rich [...]