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Africa

Africa: The World’s Richest Men Leave Women Far Behind–Amid Rising Economic Inequalities

[ad_1] United — The world's rich are getting progressively richer while the world's poor continue to be increasingly poorer. In a new report released January 15, Oxfam says the wealth of the world's five richest men has doubled since 2020 -even as five billion people were made poorer in a "decade of division." The study, published to coincide with the World Economic Forum in Davos, an annual gathering of mostly the world's wealthiest and business elites, lists the top five […]

todayJanuary 18, 2024

Africa

Africa: AI Will Transform the Global Economy – Let’s Make Sure It Benefits Humanity

[ad_1] Washington DC — We are on the brink of a technological revolution that could jumpstart productivity, boost global growth and raise incomes around the world. Yet it could also replace jobs and deepen inequality. The rapid advance of artificial intelligence has captivated the world, causing both excitement and alarm, and raising important questions about its potential impact on the global economy. The net effect is difficult to foresee, as AI will ripple through economies in complex ways. What we […]

todayJanuary 18, 2024

Japan

Kishida weighs disbanding his faction amid political funds scandals

[ad_1] In a move that stunned observers, Prime Minister Fumio Kishida said Thursday that he is considering abolishing his faction in a bid to restore public trust toward politics amid a series of political funds scandals.“I am considering abolishing Kochikai,” Kishida told reporters Thursday evening, referring to his former faction. “If it benefits restoring trust toward politics, I need to consider it.”Kishida stepped down from his position as faction chief […]

todayJanuary 18, 2024

Africa

Africa: Flawed Elections and Poor Governance Underlie Africa’s Backsliding

[ad_1] With nearly 20 polls this year, can a floundering AU give elections the attention they desperately need? How do we explain the developmental and governance reversals now haunting Africa? Reasons for the apparent collapse of security are complex, but the thread running through insurgencies, coups and instability is slow development, bad governance and the nature of Africa's demographic transitions. Geopolitics marked by increasing competition makes for an unfavourable international environment. And although the global context influences Africa's conflicts, a […]

todayJanuary 18, 2024

Japan

War pushes Sudan to brink of first famine in decades

[ad_1] Sudan is on the verge of a famine in parts of the capital city Khartoum and the central Darfur region due to the conflict between two rival military factions, the World Food Programme said.Millions of people are at risk of starvation amid the worst conditions since at least 2003. A nine-month war between Sudan’s army and the paramilitary Rapid Support Forces has cut off huge swaths of the North […]

todayJanuary 18, 2024

Africa

Africa: The Global Femicide Epidemic

[ad_1] Brussels — 'Per Giulia e per tutte' ('For Giulia and for all') echoed through the streets of Italy in mid-November 2023. Thousands of women, activists and supporters gathered to protest and show solidarity with the 22-year-old student Giulia Cecchettin, who was killed by her ex-boyfriend on the night of 11 November 2023. The outrage over the murder of the young student unleashed a wave of protest that was audible far beyond the country's borders in the weeks after the […]

todayJanuary 18, 2024

Africa

Africa: Malaria-Free Cape Verde a ‘Beacon of Hope’ for Africa

[ad_1] The World Health Organization has certified Cape Verde as malaria-free, hailing the development as a significant milestone in the fight against the disease. But much remains to be done. The news that Cape Verde is malaria-free was received with great joy. Prime Minister Ulisses Correia e Silva said the "historic moment" called for celebration -- and not just because of the positive impact on the health of the population. "In a country where tourism is a main source of […]

todayJanuary 18, 2024

Africa

Africa: The Impact of Climate Migration On Developing Nations

[ad_1] Bangkok — As the world is still gearing up to welcome 2024, let us find a moment to reflect on some of the key trends of the past year and pursue now to embrace the path towards hope and promise for everyone, everywhere. Deepening global inequalities are having enormous socio-economic implications across countries. Increasing income and social disparities are spreading around regions. Growing intensities of climate induced natural disasters, the uneven speed of post-pandemic recoveries, and cost-of-living crises from […]

todayJanuary 18, 2024

Africa

Africa: World Bank Enables Foreign Aid Theft

[ad_1] Kuala Lumpur, — 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. 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. Using Bank for International Settlements (BIS) data, Jørgen Juel Andersen, Niels Johannesen and Bob Rijkers found trends suggesting wealth accumulation abroad by […]

todayJanuary 18, 2024

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