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Key Global Financial Agencies Fall Short on Poverty Reduction

Residents of Bangalore, India, who live in extreme poverty. Credit: bandarji/ CC by 2.0By Jim LobeWASHINGTON, Oct 26 2013 (IPS) Key multilateral institutions charged with improving regulation of the...

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OECD in “Game-Changing” Move to Halt Tax Evasion

By Carey L. BironWASHINGTON, Feb 13 2014 (IPS) A major grouping of rich countries has unveiled a new model for the automatic exchange of certain individual financial information between countries,...

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G20 Urges U.S. Action on IMF Reforms by April

By Carey L. BironWASHINGTON, Feb 25 2014 (IPS) The Group of 20 (G20) industrialised and emerging economies on Sunday formally expressed frustration with the ongoing inability of the United States to...

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Russia Expelled From G8, but G20? Not So Fast

Russian President Vladimir Putin awaits leaders arriving for the G20 Summit in St. Petersburg on Sep. 5, 2013. Credit: UN Photo/Eskinder DebebeBy Thalif DeenUNITED NATIONS, Apr 1 2014 (IPS) When...

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U.S. Blasted on Failure to Ratify IMF Reforms

By Jim LobeWASHINGTON, Apr 12 2014 (IPS) While Republicans complain relentlessly about U.S. President Barack Obama’s alleged failure to exert global leadership on geo-political issues like Syria and...

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Fragility of WTO’s Bali Package Exposed

By Ravi Kanth DevarakondaGENEVA, Jul 21 2014 (IPS)The “fragility” of the World Trade Organization’s ‘Bali package’ was brought into the open at the weekend meeting in Sydney, Australia, of trade...

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BRICS – The End of Western Dominance of the Global Financial and Economic Order

In this column, Shyam Saran, former Indian Foreign Secretary and currently Chairman of India’s National Security Advisory Board, argues that the new financial institutions put in place by the BRICS...

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Why Are G20 Governments Subsidising Dangerous Climate Change?

Governments continue to subsidise exploration for fossil fuels despite pledges to support the transition to clean energy. Credit: Flickr/Leszek KozlowskiBy Shelagh WhitleyLONDON, Nov 11 2014 (IPS)Just...

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OPINION: Obstacles to Development Arising from the International System

In this column, Manuel F. Montes, senior advisor on Finance and Development at the South Centre in Geneva, argues that the limited number of successfully developing countries since the 1950s has...

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U.S. Proposes Major Debt Relief for Ebola-Hit Countries

An Ebola treatment centre in Kenema, Sierra Leone, on the day of a visit from Anthony Banbury, Special Representative of the Secretary-General and Head of the UN Mission for Ebola Emergency Response...

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The Future of the Planet and the Irresponsibility of Governments

In this column, Roberto Savio – founder and president emeritus of the Inter Press Service (IPS) news agency and publisher of Other News – argues that governments are unwilling to take steps to do...

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OPINION: The Decline of Social Europe is Part of a World Trend

In this column, Roberto Savio, founder and president emeritus of the Inter Press Service (IPS) news agency and publisher of Other News, argues that social criteria are taking a back seat to financial...

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Opinion: Climate Change Continues, Impervious to Official Declarations

In this column, Roberto Savio, founder and president emeritus of the Inter Press Service (IPS) news agency and publisher of Other News, argues that while the governmental system says all the right...

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Corporate Tax Dodging Cheats Africa Out of 6 Billion Dollars, Says Oxfam

By Sean BuchananLONDON, Jun 2 2015 (IPS)G7-based companies and investors cheated Africa out of an estimated six billion dollars in a year through just one form of tax dodging, according to a new Oxfam...

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Opinion: G20 Turkish Presidency Keen to Benefit the Global Community

Ambassador Selim Yenel. Credit: Permanent Delegation of Turkey to the EUBy Selim YenelBRUSSELS, Jun 7 2015 (IPS)Turkey assumed the Presidency of the Group of 20 (G20) on Dec. 1, 2014. It will culminate...

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Opinion: “Slight Deceleration” in G20 Trade Restrictions but Continued...

In this column, Roberto Azevêdo, sixth Director-General of the World Trade Organization (WTO), writes that the continuing increase in the G20’s stock of new trade-restrictive measures since the...

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OECD Paving Way for Costa Rica’s Membership

By Jaya RamachandranPARIS, Sep 1 2015 (IPS)The Organisation for Economic Cooperation and Development (OECD), once a domain of the rich countries, is keen to extend its global membership and has set out...

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G20 Finance Ministers Committed to Sustainable Development

The Finance Ministers and Central Bank Governors of the G20. Credit: TCMB/cc by 2.0By Jaya RamachandranBERLIN, Sep 9 2015 (IPS)Finance ministers and central bank governors of the world’s 20 major...

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G20’s Record Does Not Inspire Hope

By Anis Chowdhury and Jomo Kwame SundaramSYDNEY and KUALA LUMPUR, Jul 7 2017 (IPS)The G20 leaders meeting in Hamburg, Germany, on 7-8 July comes almost a decade after the grouping’s elevation to...

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G20 Women’s Summit Pushes for Rural Women’s Rights

Rural women play a key role in food production, but face discrimination when it comes to access to land or are subjected to child marriage, the so-called affinity group on gender parity within the G20...

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G20: Final Push for Financial Transactions Tax

Cléo FatoorehchiBy Cléo FatoorehchiCANNES, Nov 4 2011 (IPS) While the Greek bailout and stimulus package dominated discussion among the Group of 20 (G20) major industrialised and emerging market...

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China Looks at Life After Euro

Analysis by Antoaneta BeckerBy Antoaneta BeckerBEIJING, Nov 8 2011 (IPS) If Chinese detractors of liberal democracy and unbridled market development ever needed more fodder for their attacks on the...

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G20 Remiss in Tackling Food Security

Cléo FatoorehchiBy Cléo FatoorehchiAIX-EN-PROVENCE, Nov 10 2011 (IPS) Last Friday Benoit Miribel, President of Action Against Hunger, delivered a strong indictment of the outcome of the Group of 20...

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Q&A: Busan Beckons With New Promise

Brian Atwood Credit: Sanjay Suri/IPSBy Sanjay SuriLONDON, Nov 22 2011 (IPS) For a start, stop calling it “aid”, Brian Atwood, chair of the Development Assistance Committee at the OECD, tells IPS. Brian...

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World Bank Accused of Ignoring Lessons on Mega Infrastructure

By Carey L. BironWASHINGTON, May 16 2012 (IPS) In a renewed funding focus on large-scale infrastructure, the World Bank, Group of 20 (G20) countries and other multilateral groups are wilfully...

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Private Interests Infiltrate G20 Summit

By Emilio GodoyMEXICO CITY, Jun 13 2012 (IPS) Business will push for the freeing up of trade in green goods and services, at the upcoming summit of heads of state of the Group of 20 (G20)...

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G20 to See Showdown on IMF Reforms

By Carey L. BironWASHINGTON, Jun 15 2012 (IPS) The head of the International Monetary Fund (IMF), Christine Lagarde, on Wednesday urged countries to act on a suite of reform measures that would...

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Multilateralism is at a Crossroads

By Pascal LamyGENEVA, Sep 27 2012 (IPS) Multilateralism is at a crossroads. This is a crucial matter for environmental and sustainability issues, as we have seen in the Rio+20 Summit, and for trade and...

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Better Governance to Achieve Food Security

By José Graziano da SilvaROME, Nov 2 2012 (IPS) Despite a sudden increase in July this year, prices of cereals on world markets remained fairly stable. But there are no grounds for complacency, as...

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Urgent Action Is Needed to Restore Growth

By Supachai PanitchpakdiGENEVA, Dec 17 2012 (IPS) The global economy weakened significantly towards the end of 2011 and further downward pressure emerged in the course of 2012. The growth rate of...

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Obama Increasingly Isolated on Syria Military Action

Some analysts suggest that Obama’s failure to line up support from more G20 leaders suggests that the U.S.-created global order is no longer sustainable. Credit: Official White House Photo by Pete...

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G20 Puts More into Fossil Than Green Energy in Covid-19 Recovery Packages

Oil pump jack pumping crude out of the ground in Neuquen, Argentina (Image Alamy/Diálogo Chino)By Fermín KoopBUENOS AIRES, Nov 26 2020 (IPS) As the world’s leading economies direct trillions of dollars...

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The Future of Food is in Our Hands

More than 1.3 billion tons of edible food is wasted annually, according the Food and Agriculture Organization. Credit: Busani Bafana / IPSBy Busani BafanaBULAWAYO, Zimbabwe, Jul 15 2021 (IPS) With its...

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From Indonesia to India: Is There Hope for Anti-Corruption Efforts Within the...

Many of the global crises we face are caused or exacerbated by corruption. Credit: Ashwath Hedge/Wikimedia CommonsBy Blair Glencorse and Sanjeeta PantWASHINGTON DC, Sep 27 2022 (IPS) As global crises...

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India Can Use The G20 to Fight Corruption and Reduce Global Inequalities

Despite unprecedented challenges, 2022 also opened windows of opportunity to move the needle around critical anti-corruption issues, such as anti-money laundering, asset recovery, beneficial ownership,...

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