KUALA LUMPUR, Malaysia, Jul 8 2024 (IPS)* ––For some time, most multilateral financial institutions have urged developing countries to borrow commercially, but not from China. Now, borrowers are stuck in debt traps with little prospect of escape.
Jomo Kwame Sundaram
More debt, less growth since 2008: The last decade and a half has seen protracted worldwide stagnation, with some economies and people faring much worse than others.
The 2008 global financial crisis and Great Recession have recently been worsened by the Covid-19 pandemic, US Federal Reserve Bank-led interest rate hikes and escalating geopolitical economic warfare.
Following Reagan-inspired tax cuts, ostensibly to induce more private investments, budget deficits have loomed larger. Instead of enabling rapid recovery, greater fiscal austerity is now demanded, as in the 1980s.
— In the first week of June 2024, searing heat in 80 countries broke temperature records – either monthly or for all time. Heatwaves scorched the US, the Mediterranean, Southern Europe, North Africa, Asia and the Middle East. Aswan in Egypt hit 50.9°C – an all time record – on the 7th June.
By Vibhu Mishra, with additional reporting by Daniel Johnson in Geneva
(UN News)* — The island of Carriacou in Grenada has been virtually “flattened” by the devastating Hurricane Beryl, a senior UN official there reported on Friday [5 July 2024], as humanitarian teams ramp up their support to communities affected across the Caribbean.
Speaking via video link from Grenada, Simon Springett, UN Resident Coordinator in Barbados and the Eastern Caribbean, outlined a scene of total devastation in Carriacou – where Beryl first made landfall on 1 July.
“The entire island is completely affected … that is literally 100 per cent of the population,” he stressed.
“At a time when the world is falling apart for millions of people, we are seeing an increasing trend of international neglect. I have never before seen such a glaring gap between the need for lifesaving aid and available funding…
3 July 2024 (UN News)* — The United Nations has called for international solidarity with Grenada, the Saint Vincent and the Grenadines, and other Caribbean islands hit hard by Hurricane Beryl.
A Category 5 storm, Hurricane Beryl has claimed at least six lives as it barrels through the Caribbean Sea. Initial reports indicate severe damage to homes, infrastructure and power and communications.
The shocking cost of poor storage in the farms of developing countries — and careless shopping in rich ones.
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Sourcing school meals ingredients from local farmers like this one in Cambodia can help reduce food waste. Photo: WFP/Samantha Reinders
– Global hunger isn’t about a lack of food. Right now, the world produces enough food to nourish every child, woman and man on the planet.
But nearly a fifth of all food produced each year is squandered or lost before it can be consumed.
In many rich countries, this food waste happens in the kitchen — when we prepare foods that go uneaten, or leave food to spoil in fridges and kitchen cabinets.
This is a summary of what was said by Andrew Harper, UNHCR Special Advisor on Climate Action – to whom quoted text may be attributed – at today’s press briefing at the Palais des Nations in Geneva.
28 June 2024 (UNHCR)* — Devastating extreme weather events and natural disasters are shattering many refugee and other displaced communities worldwide, worsening their plight and in some cases forcing them to move onwards and start from zero once again.
This is what UNHCR, the UN Refugee Agency, has observed with a series of catastrophic floods, earthquakes, cyclones, storms and heatwaves afflicting refugee and internal displacement settings in Africa, the AmericasLink is external, Asia and beyond.
(UN News)* — Two women from the troubled Carrefour-Feuilles neighborhood in Haiti’s capital Port-au-Prince have shared their traumatic experiences of rape, contracting HIV, and despairing thoughts of suicide, after multiple forced displacements amid widespread gang violence.
Displacements in this Caribbean country have reached record levels, with nearly 600,000 people forced to leave their homes this year – double the number from last year. This makes Haiti the country with the highest number of displacements due to violence.
(UN News)* — On Friday [28 June 2024], at the UN Human Rights Council’s (OHCHR) first panel for the annual full-day discussion on women’s rights, The UN human rights chief Volker Türk told a Human Rights Council panel that it’s time to eliminate laws and practices that contribute to “economic violence” against women and girls.
UN Women/Ryan Brown | Women attend a community meeting in Cameroon.
During his opening statement to the all-day panel dedicated to women and human rights, Mr. Türk said there had been “extraordinary progress” thanks to the worldwide women’s movement.
PORT-AU-PRINCE, Haiti, 26 June 2024 (UNFPA)* -– “One of the biggest problems is insecurity – and the physical and sexual violence that comes with that,” explained Edrish Justilien, 36, a psychologist at the Petite Place Cazeau Hospital in Haiti’s capital Port-au-Prince.
Dr. Justilien spoke to UNFPA, the United Nations sexual and reproductive health agency, about the alarming risks women and girls are grappling with amid the country’s ongoing humanitarian crisis. “Rape cases are what we are seeing most commonly, mostly [committed] by armed gangs.”