Pacific islands urged to retune post-pandemic for new economic age
Kuala Lumpur, MalaysiaThomson Reuters Foundation Pacific islands that rely on tourism should reset their economies and invest in sustainable industries and migrant workers to better weather the impact of disease and disaster, according to a senior United Nations official. Kanni Wignaraja, head of the UN Development Programme for Asia-Pacific, urged small Pacific economies that were […]
Global powers unleash trillions of dollars to stem spiralling coronavirus crisis
Washington DC, US/London, UKReuters The world’s richest nations prepared more costly measures on Tuesday to combat the global fallout of the coronavirus that has infected tens of thousands of people, triggered social restrictions unseen since World War Two and sent economies spinning toward recession. With the highly contagious respiratory disease that originated in China racing […]
In a jam: how traffic slows urban economies
LondonThomson Reuters Foundation Spiralling traffic and poor urban planning could rob developing countries of opportunities and jam economic progress in fast-growing cities, a study published on Thursday found. As more people flock to cities, congested roads, expensive commutes and a lack of reliable transport options are disrupting urban economies and affecting quality of life, said a report […]
Poor countries face $US168 billion interest bill due to climate change
Thomson Reuters Foundation Poor countries could have to pay up to $US168 billion more in interest over the next decade as extreme weather events brought on by climate change affect their credit ratings, a study said on Monday. Nations that rely heavily on agriculture are likely to suffer as global temperatures rise, bringing more storms, […]
Scientific study finds asylum seekers boosting European economies
Thomson Reuters Foundation Asylum seekers moving to Europe have raised their adopted nations’ economic output, lowered unemployment and not placed a burden on public finances, scientists said on Wednesday. An analysis of economic and migration data for the last three decades found asylum seekers added to gross domestic products and boosted net tax revenues by […]
ESSAY: A CHRISTIAN RESPONSE TO THE ECONOMIC CRISIS
ROSS CLIFFORD and ROD BENSON take a look at how we should respond to the current economic crisis…
WORLD FINANCIAL CRISIS: GLOBAL FINANCES CAN AND MUST CHANGE – HERE’S HOW
JUAN MICHEL talks to some of the participants of the recent World Social Forum about reforming the world’s financial system…
ESSAY: FINANCIAL CRISIS – A TIME FOR CAUTION, NOT FEAR
MAL FLETCHER says that while it’s wise to exercise caution in the current global financial crisis with many people facing significant financial losses, fear can be crippling and might even blind us to opportunities to improve our situation…