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Future of UNCTAD in Balance at Doha

Analysis by Gustavo Capdevila GENEVA, Apr 24 (IPS) – Profound discord between industrialised nations and developing countries is threatening to ruin the UNCTAD meeting being held this week in Doha, and may even endanger the survival of this United Nations body that defends the interests of the developing nations of the South.

Kenya "Becoming Economic Heartbeat of Africa"

About 60 percent of Kenya’s power is hydroelectric, however, the supply is unsteady.  / Isaiah Esipisu/IPS

By Isaiah Esipisu NAIROBI, Apr 25 (IPS) – When Kenya’s newly announced geothermal power generation project comes online, it will turn the East African country into an economic powerhouse in the region.

Future of UNCTAD in Balance at Doha

/ UNCTAD

Analysis by Gustavo Capdevila GENEVA, Apr 24 (IPS) – Profound discord between industrialised nations and developing countries is threatening to ruin the UNCTAD meeting being held this week in Doha, and may even endanger the survival of this United Nations body that defends the interests of the developing nations of the South.

The Battle over Development-Led Globalisation

By Ravi Kanth Deverakonda GENEVA, Apr 6 (IPS) – Industrialised countries have mounted an unprecedented campaign to stop the United Nations Conference on Trade and Development from providing policy advice to the poorest countries in Africa and across the globe.

‘Slum Cities’ Need Better Planning

In some parts of Colombo, informal housing structures, or slums, are built right on waterways.  / Amantha Perera/IPS

By Amantha Perera COLOMBO, Apr 4 (IPS) – Sri Lanka’s capital city Colombo, the vibrant economic and administrative heart of the bustling island nation, is rapidly turning into a city of slums. Home to over 30 percent of the country’s population, one in every two people living in the Greater Colombo Area is a slum [...]

South Africa Looking to Make the Most of BRICS Membership

By Louise Redvers JOHANNESBURG, Apr 3 (IPS) – South Africa needs to stop agonising over whether it deserves to be in BRICS and start focusing on making the most of its membership to leverage better trade deals.

BRICS Ministers Say New Trade Narrative Sinks Development

The G20 is not representative of the WTO because the poorest countries have no say in setting the trade agenda. / Kim Cloete/IPS

By Ravi Kanth Devarakonda GENEVA, Apr 2 (IPS) – Trade ministers of the BRICS countries – Brazil, Russia, China, India and South Africa – say that at the G20 trade ministerial summit later this month in Mexico they will try to ensure that attempts by industrialised countries to frame a new trade agenda do not [...]

Brazil and South Africa Hit Hard by Exchange Rate Complications

Fishing boats in Cape Town harbour, South Africa, with Table Mountain as backdrop. Credit: Servaas van den Bosch/IPS

By Ravi Kanth Devarakonda GENEVA, Mar 30 (IPS) – Brazil and South Africa have experienced a widespread contraction of their manufacturing industries, with the latter suffering massive unemployment as well, thanks to the rampant volatility and misalignment of dominant global currencies like the dollar, trade experts from the two countries say.

South Africa No Longer the Gateway to the Continent

Rail networks in Africa remain underdeveloped only 10 percent of transport goes via rail. A train crossing the Namib Desert on its way from the Namibian port of Walvis Bay to the uranium rich Erongo Region. Credit: Servaas van den Bosch/IPS

By Servaas van den Bosch JOHANNESBURG, Mar 29 (IPS) – South Africa’s membership of the bloc of leading emerging economies and its unique position in Africa heralded the country’s role as a gateway into the African continent. However, trade experts question whether it can live up to this position as investors begin to increasingly look [...]

Development Deficit Compounds Indian Sundarbans Crisis

By Sujoy Dhar KOLKATA, Mar. 24 (IPS) – Sahara Bibi, a 47-year-old poor Muslim woman living on one of the climate- impacted islands of Eastern India’s fragile Sundarbans archipelago in West Bengal state, was forced to pull her two young sons out of school and send one of them to the Southern state of Kerala [...]

RSS IBSA in the News

  • SHYAM SARAN: Lacklustre Brics play to China’s score in Delhi pact
    BusinessDay Published: 2012/04/02 It is clear that China is emerging as the pre-eminent partner in the Brics grouping THE Delhi Declaration and Action Plan adopted at the fourth Brics summit in New Delhi last week would have quickly laid to rest any residual anxiety in western capitals that a serious rival focus of power and [...]
  • Australia invites more Indian investments, collaborations
    The Hindu, 31 January 2012, With Indian corporate sector having committed heavy investments in Australia in the mining, mineral and other sectors, bilateral trade is likely to touch Rs.2-lakh crore (Australian $40 billion) in the next three years from Rs.1.10-lakh crore (Australian $22 billion). In an effort to attract Indian investments further, the Australian Trade [...]
  • Indian tourists to SA rise by over 100% – minister
    City Press, South Africa, 31 January 2012, The number of Indian tourists travelling to South Africa increased by over 122% between 2005 and 2010, says Tourism Minister Marthinus van Schalkwyk. “South Africa is continuing to attract Indian tourists in great numbers, with 67 039 Indian tourists travelling to South Africa between January and September 2011, [...]

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