18/12/2012
World economic growth has weakened considerably during 2012 and is expected to remain subdued in the coming two years, says a new United Nations report, which calls for policy changes to spur growth and tackle the jobs crisis.
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An unemployed youth. Photo: ILO
The World Economic Situation and Prospects 2013, the first chapter of which was published today by the UN Department of Economic and Social Affairs (DESA), states that the global economy is expected to grow at 2.4 per cent in 2013 and 3.2 per cent in 2014 – a significant downgrade from the UN’s forecast of half a year ago.
“This pace of growth will be far from sufficient to overcome the continued jobs crisis that many countries are still facing,” said a news release on the report. “With existing policies and growth trends, it may take at least another five years for Europe and the United States to make up for the job losses caused by the Great Recession of 2008-2009.”
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Posted in Market Lords, Others-USA-Europe-etc., The Peoples |
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18/12/2012
By Xanthe Hall, IPPNW*, 17 December 2012 — In Helsinki at this time of year, the sun rises just after 9am and sets again at 3pm. Our Finnish hosts told us that we were lucky that the snow had come already, to lighten up the all-pervading darkness by reflecting what little light there is. Already, after only a short time, the snow was very deep, much of it shovelled up by bulldozers to form piles shoulder high by the side of the road.
Source: IPPNW
Snowy Helsinki should have been the setting for an historic conference to discuss the establishment of a zone free of weapons of mass destruction in the Middle East. The date was set for today, December 17th, to begin perhaps one of the most important negotiations for peace and security in the Middle East. But the conference rooms remain empty, because the governments did not come.
Instead, about forty representatives of NGOs from around the world were in Helsinki from December 14 to 16 to talk about “The Middle East without Weapons of Mass Destruction – Civil Society Input – The Way Forward” at a conference organised by Finnish peace groups.
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Posted in Africa, Middle East, Others-USA-Europe-etc., The Peoples, War Lords |
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