Trade union rights violations still ubiquitous Colombia and the Americas maintain the lead in a grim record of murder and repression of workers involved in trade union activities in the latest world Annual Survey of violation of trade union rights released by the ITUC at the 100th ILO Conference. >>> more
It is time for Greece to say goodbye to the euro Sometimes there is turmoil in the markets because a government threatens to do what is best for its citizens. This seemed to be the case in Europe last week, when the German magazine Der Spiegel reported that the Greek government was threatening to stop using the euro. >>> more
LDCs set to jump start to a green economy With their low-carbon profile, rich natural assets and promising policy initiatives, the world's 48 least developed countries are well-positioned to jump start the transition to a green economy, according to a new UN report. >>> more
BRICS Executive Directors at IMF concerned The Executive Directors of the BRICS countries - Brazil, Russia, India, China and South Africa - at the International Monetary Funds published a statement of concern on the selection process of the next Managing Director of the fund. >>> more
Marking the 30th anniversary of one of the world's more influential economic annuals experts pointed out that themes long sounded in UNCTAD's Trade and Development Report retain current prominence - particularly those citing the questionable wisdom of unbridled free markets.
In an open letter a global coalition of development activists and non-governmental organisations (NGOs) is calling on the World Bank's governors to ensure that the next president is chosen in an "open and merit-based process" that will give borrowing countries a major say in the selection.
After decades of isolation - imposed by major OECD countries out of concern for the country's human rights violations - Myanmar is emerging as a new darling of the "West" - judging by the accelerating succession of visits by senior officials and gurus. New groups of investors are waiting to enter the country as soon as possible.
Persistent high unemployment, the euro area debt crisis and premature fiscal austerity have already slowed global growth and factor into the possibility of a new recession. Now the United Nations have downgraded significantly its forecasts for the world economy in the next year.
Eastern European states are in for a new round of the crisis. The external control of the banking sector and high reliance on external credit has landed the countries of Eastern Europe in a vulnerable position. Now, credit flows from Western banks are drying up again. Hungary has been the first country in the region to ask for IMF support again.