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POVERTY-MAURITIUS: Labouring Through a Class Four Cyclone
By Nasseem Ackbarally
PORT-LOUIS - Thousands of workers in the textile and manufacturing industry in Mauritius have been forced into unemployment and poverty within the last few months, as factories announced multiple rounds of job cuts due to the global financial crisis.
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ECONOMY-NIGERIA: Fears of Further Pain
By Sam Olukoya
LAGOS - With no formal education, Mama Ibeji may not be tracking the global economic crisis in the newspapers. But from her little roadside restaurant in Makoko, a Lagos suburb, she can tell that all is not well with the Nigerian economy.
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DEVELOPMENT: China Lends Support to U.N. Finance Summit
By Antoaneta Bezlova
BEIJING - China has lent its support to a U.N. finance summit where developing countries are pressing to air their grievances over how the global economic crisis has affected the world’s poorest. Yet, for the largest developing country the crisis remains a debacle with a silver lining - a matchless opportunity to accomplish its dream of regaining the regional and global clout it once held, and fast forward its ambitions.
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DEVELOPMENT: UN Meet May Short-Change the Poor
By Cillian Donnelly
BRUSSELS - As United Nations members gather for talks on how best to end the global financial crisis, anti-poverty campaigners fear that instead of addressing poverty in the developing world, governments will work to prop up financial structures.
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Q&A: U.N.'s Enormous Potential Being Marginalised
Thalif Deen interviews MIGUEL D'ESCOTO BROCKMANN, President of the General Assembly
UNITED NATIONS - An international conference on the global financial crisis - hosted by the United Nations - is being marginalised by Western countries which have refused to send any of their political leaders to the meeting.
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POLITICS: World Bank, IMF Heads Skip Summit on Global Crisis
By Thalif Deen
UNITED NATIONS - When a major international conference on financing for development took place in the Qatari capital of Doha last November, the heads of both the World Bank and the International Monetary Fund (IMF) skipped the meeting.
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POLITICS: Will Women Be an Afterthought at U.N. Crisis Meet?
By Ben Case
UNITED NATIONS - A groundbreaking U.N. General Assembly conference on the global economic crisis and its impact on development, set to begin Wednesday, may sideline women's numerous concerns, civil society groups say.
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ECONOMY-ZAMBIA: Hard Times on the Copperbelt
By Kelvin Kachingwe
Luanshya, ZAMBIA - Nowhere in Zambia is the impact of the global financial crisis being felt harder than in the copper and cobalt-rich province of the Copperbelt.
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Q&A: Financial Crisis Unprecedented Since 1930s*
Thalif Deen interviews SUPACHAI PANITCHPAKDI, secretary-general, U.N. Conference on Trade and Development
UNITED NATIONS - Since the Great Depression of the 1930s, there have been more than 100 crises worldwide, says the secretary-general of the U.N. Conference on Trade and Development (UNCTAD), Dr. Supachai Panitchpakdi.
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DEVELOPMENT-ZIMBABWE: Investor Absence Fuels Retrenchments
By Ignatius Banda
BULAWAYO - Forty-year-old Thelma Dube was this month told by her long-time employer to stay home. She will be called back to work when business picks up. Her husband got the same instruction, as did hundreds of other workers at the company Textile Mills in Zimbabwe’s second largest city.
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POLITICS: Women's Groups Seek Gender Equity at U.N. Summit
By Thalif Deen
UNITED NATIONS - An international coalition of non-governmental organisations (NGOs), mostly comprised of women’s groups, is calling for a "gender equitable" response to the global financial crisis, which is to be debated at a U.N. summit of world leaders next week.
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POLITICS: Is West Undermining Summit on Financial Crisis?
By Thalif Deen
UNITED NATIONS - When a Western diplomat was asked whether his country would be represented by a head of state at next week's U.N. summit meeting on the global financial crisis, his response was tinged with sarcasm and contempt.
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Q&A: European Election Brings a Wake-Up Call
Mario de Queiroz and Miren Gutierrez* interview MARIO SOARES, former Portuguese President
LISBON - Global house prices are diving further, unemployment in the 16 countries using the euro increased in April to its highest level in almost ten years, and Eurozone Gross Domestic Product is expected to shrink by 1.9 percent during 2009...
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Women's in RSS The world is suffering a severe downturn. A lot is at stake for the so-called South - especially for the Least Developed Countries (LDCs). Gains made toward achieving the UN Millennium Development Goals (MDGs) are in danger of being reversed. IPS is following the progress of proposals to minimise impacts of the world financial and economic crisis on the most vulnerable.

News in RSS
POOR COUNTRIES RAILROADED INTO WEAK COMPROMISE AT UN FINANCIAL SUMMIT
By Sylvia Borren
After weeks of negotiations, the conclusion of the UN High Level Conference on the Financial and Economic Crisis (24-26 June) was a huge disappointment, writes Sylvia Borren, co-chair of the Global Call to Action Against Poverty (GCAP) and Worldconnectors.
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Financial Meltdown
Towards Doha - Better Financing for Development

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  Third World Institute
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  General Assembly Statement on Postponement
  Choike - A Portal on Southern Civil Societies: UN Conference on the world financial and economic crisis and its impact on development

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