KUALA LUMPUR, Malaysia, Jan 17 2024 (IPS)* – World Bank aid encourages governments to enable illicit financial outflows to offshore tax havens by reducing capital controls, thus draining precious foreign exchange and government resources.
Jomo Kwame Sundaram
Aiding elite wealth
Aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centres known for banking secrecy and private wealth management.
Capital outflows follow aid inflows apparently captured by ruling politicians, bureaucrats and their cronies. In the 22 most World Bank aid-dependent countries, aid disbursements coincide “with increased deposits in foreign bank accounts in tax havens”.
Looking Beyond the Lens of Reason and Political Expediency
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Mahboob A. Khawaja
U.S. military support to Israel’s hegemonic plans to dominate the Arab world is fast assuming the ethos of facts not fiction.
PM Netanyahu wanted to flatten Gaza that his Defense Minister Gallant called them “human animals”, and another War Cabinet Extremist Minster wanted to nuke Gaza and it is obliterated by continuous bombing and destruction for over 84 days.
The unabated bombing and sadistic killings offer statistic of 21,672 people killed, some 8,800 children and 5,670 women crushed and according to the media some 8,000 children buried under rubble for the record human casualties.
HARARE, Jan 4 2024 (IPS)* – It is do or die on the streets of Zimbabwe as homeless families battle for survival solely depending on begging. Such is the life of 69-year-old Gladys Mugabe, who lives with her disabled son in Harare Gardens, a well-known recreational park in the Zimbabwean capital, Harare.
Gladys Mugabe (69) lives with her disabled son in Harare Gardens, a well-known recreational park in the Zimbabwean capital. Credit: Jeffrey Moyo/IPS
— Artificial intelligence (AI) is ripe to help resolve certain major problems in Africa, from farming to the health sector, but Senegalese expert Seydina Moussa Ndiaye is warning of a new “colonization” of the continent by this new technology if foreign companies continue to feed on African data without involving local actors.
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UN Photo/Elma Okic | The UN Global Digital Compact aims to bring together governments and industry to ensure that technology, like AI, works for all humanity.
One of 38 people members of the new UN advisory body on machine learning, Mr. Ndiaye spoke with UN News about the landscape ahead, building on his experience in helping to drive Senegal’s digital transformation in higher education, serving as an expert to the African Union in drafting the Pan-African Strategy on AI and in contributing to the Global Partnership on Artificial Intelligence (GPAI).
The US Congress is poised to send $14.3 billion to Israeli militarism—a “genocide tax.” The atrocities are being recorded by drones and by brave Palestinian journalists targeted by the Israeli army. Over 66 journalists have been slain.
Israel fired white phosphorous shells indiscriminately over densely populated areas of Gaza in what amounts to a war crime. Human Rights Watch
26 Dec 2023 – The unstoppable Israeli U.S. armed military juggernaut continues its genocidal destruction of Gaza’s Palestinians. The onslaught includes blocking the provision of “food, water, medicine, electricity and fuel,” openly genocidal orders decreed by Netanyahu and his extreme, blood-thirsty ministers.
(UN News)* — In 2024, the UN will once again be at the heart of international efforts to tackle the world’s most urgent challenges, from bolstering the global economy, to supporting climate action and keeping the peace in conflict hotspots.
Whilst we can’t predict what will be making the headlines, we do know that the UN will make full use of its unique convening power, to bring together leaders and decision-makers in the hope of making the world a more peaceful, equitable and prosperous place for all.
(UN News)* —The outbreak of conflict seven months ago in Sudan has led to “a convergence of a worsening humanitarian calamity and a catastrophic human rights crisis”, according to a senior UN official, and the restive region of Darfur has been particularly badly affected.
Close to nine million people need humanitarian assistance and reports suggest that some 4,000 people have been targeted and killed because of their ethnicity.
In a region scarred by years of wars and displacement, climate change and water scarcity have become yet another threat for fragile contexts in Middle East and North Africa.
Dried reeds in the marshes of southern Iraq. Photo: Fareed Baram/NRC
In this region, populations’ ability to cope with the impacts of climate change is limited, thereby aggravating their overall vulnerability.
“I’ve been farming this land all of my life and seen so many people from this area leave over the years because of the heat, dry weather and water shortages,” says Adyl Khujanov, who runs a farm in the village of Kyzylkesek, in western Uzbekistan’s Karakalpakstan region.
(Stockholm) — Revenues from sales of arms and military services by the 100 largest companies in the industry totalled $597 billion in 2022, 3.5 per cent less than 2021 in real terms, even as demand rose sharply, according to new data released today [4 December 2023] by the Stockholm International Peace Research Institute (SIPRI), available at www.sipri.org.
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Photo: Wikimedia
The decrease was chiefly the result of falling arms revenues among major companies in the United States. Revenues increased substantially in Asia and Oceania and the Middle East.