06/11/2019
KUALA LUMPUR and SYDNEY, Nov 5 2019 (IPS)* — The International Monetary Fund (IMF), the World Bank and the World Trade Organization (WTO), all dominated by rich countries, have long promoted trade liberalization as a ‘win-win’ solution for “all people—rich and poor—and all countries—developed and developing countries”, arguing that “the gains are large enough to enable compensation to be provided to the losers”.
Jomo Kwame Sundaram
Yet, the IMF’s 2016 World Economic Outlook has warned that free trade is increasingly seen as only or mainly benefiting the well-off.
The help and compensation needed by those disadvantaged by trade liberalization has rarely if ever been forthcoming, even in most developed economies.
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06/11/2019
Students wear protective masks as the air is filled with thick haze from forest fires in Palangkaraya city, Central Kalimantan. © Jurnasyanto Sukarno / Greenpeace
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06/11/2019
6 November 2019 (UN Environment)* — Eighteen years ago, on 5 November 2001, the United Nations General Assembly declared 6 November the International Day for Preventing the Exploitation of the Environment in War and Armed Conflict.
Public concern regarding the targeting and use of the environment during wartime first peaked during the Viet Nam War.
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06/11/2019
Ongoing violence in Cameroon’s northwest and southwest has created a fast-growing humanitarian emergency now affecting some 1.9 million people, a “15-fold increase since 2017”, UN humanitarians said on Tuesday [5 November 2019]. *
© UNICEF/Tanya Bindra | A child sits at her desk at a UNICEF-supported government primary school, in Douala, Cameroon.
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06/11/2019
The trade tariff spat between China and the United States has been a “lose-lose” situation for both countries and the wider world and it is likely to deteriorate unless a deal is reached, UN economists said on Tuesday [5 November 2019]. *
IMO | A cargo ship at the port of Ningbo, China.
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06/11/2019
Vandana Shiva
It is significant that at a time in history when a global economic paradigm shift is being loudly and clearly demanded due to the evident and documented failure of the current system of production, global trade and distribution that is leading us to environmental and climate catastrophe, this same apparatus of enormous corporate interests and highly paid lobbyists that disseminate false information, with ill-concealed concern, are putting to task the Italian Minister of Education, Lorenzo Fioramonti.
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