Global Trade and Finance Correspondent IPS - Inter Press Service

IPS, civil society's leading news agency, is an independent voice from the South and for development, delving into globalisation for the stories underneath.

Last build:
Mon, 9 Mar 2008 05:00 GMT
Language:
en-US
Feed URL:
http://www.ipsnews.net/rss/globaltrade.xml

RSS FEED IDEMS: Global Trade and Finance Correspondent IPS - Inter Press Service

  • POLITICS-EGYPT: Al Qaeda Faction Alters Course
    CAIRO, Nov 20 (IPS) - The ideology al Qaeda rests on to justify its activities suffered a major blow this week.


  • EGYPT: Torture Ruling Boosts Rights
    CAIRO, Nov 8 (IPS) - Anti-torture activists in Egypt scored a rare win Monday when an Egyptian judge handed down three-year prison sentences in a high-profile case to two police officers filmed last year abusing and sodomising a man in custody with a broomstick.


  • EGYPT: U.S. Funnels Aid to Coptic Christians, Documents Show
    WASHINGTON, Aug 14 (IPS) - The United States has quietly funnelled millions of dollars of its annual aid to Egypt to groups among the country's increasingly restless Christian Coptic community and to areas with large Christian populations as part of an effort to "empower" the religious minority in a little-noticed multi-year aid programme, according to a review of several recent congressional documents.


  • FINANCE-US: OPIC Extension Tied to Terror and Environment
    WASHINGTON, Jul 24 (IPS) - The U.S. House of Representatives extended funding until 2011 for the Overseas Private Investment Corporation (OPIC), a government agency that backs U.S. corporations in developing nations, in an act that prohibits investment in "terrorist nations" and requires more rigorous human rights and environmental standards.


  • POLITICS: Developing Nations Sidelined for IMF Top Job
    WASHINGTON, Jul 23 (IPS) - A coalition of developing countries at the International Monetary Fund issued a tacit warning Monday that the highly political process of selecting the next IMF chief may be intimidating non-European countries from putting forth candidates, and further discrediting the institution.


  • FINANCE: U.S. Brokers Afghan Debt Cancellation
    WASHINGTON, Jul 19 (IPS) - The United States, Germany and Russia have agreed to write off one billion dollars in bilateral debts owed by Afghanistan, or 92 percent of the poor nation's debt to the three nations.


  • FINANCE-US: Fed Chief Downplays Effect of Yuan on Deficit
    WASHINGTON, Jul 18 (IPS) - U.S. Federal Reserve Chairman Ben Bernanke told the U.S. Congress Wednesday that the global economy was growing at a strong pace bolstered by rising consumerism and demand, but the U.S. trade deficit with the world remained at a high level despite a sliding dollar.


  • TRADE: WTO Offers New Proposal to Break Deadlock
    WASHINGTON, Jul 17 (IPS) - The World Trade Organisation (WTO) proposed a new plan Tuesday to unlock global trade talks that have stalled over farm subsidies in rich countries and reluctance by poor nations to further open their markets for Western goods and services without reciprocation from industrialised nations.


  • CORRUPTION: World Bank Debars Indian Firms in Fraud Probe
    WASHINGTON, Jul 16 (IPS) - The World Bank ended a several-year investigation Monday by debarring two Indian pharmaceutical companies, citing corrupt procurement practices in a controversial Bank-funded reproductive health programme.


  • FINANCE: World Bank Moves into the Middle East
    WASHINGTON, Jul 16 (IPS) - The Middle East and North Africa region has become the fastest-growing area for investments from the World Bank's private sector arm, the International Finance Corporation (IFC), which surpassed one billion dollars for the first time last year, according to the Bank Information Centre, a Washington-based research group on international public lenders.


  • FINANCE-US: Congress Reins in Foreign Investors
    WASHINGTON, Jul 13 (IPS) - The U.S. Congress passed legislation this week that strengthens the vetting system for foreign purchases of companies in the U.S., a measure that observers say will mostly likely lead other countries to tighten their rules as well.


  • TRADE: US Complains to WTO as Deficit with China Creeps Up
    WASHINGTON, Jul 12 (IPS) - Just hours after new data showed an ever-widening U.S. trade deficit with China, Washington asked the World Trade Organisation (WTO) Thursday to arbitrate its dispute with Beijing over what Washington considers illegal trade subsidies.


  • POLITICS: U.S. Ups the Ante Against Latin American Populism
    WASHINGTON, Jul 6 (IPS) - The United States and the World Bank are launching a new plan to fight poverty in Latin America by removing obstacles to the flow of private investments, a step that observers say is one of many designed to weaken rising anti-capitalist sentiment in the region.


  • FINANCE: Development Banks Lag on Sexual Health - Report
    WASHINGTON, Jul 6 (IPS) - Despite strong verbal commitments to reproductive and sexual health, the so-called multilateral development banks (MDBs) that lend to poor nations have spent relatively little money on such projects and, in some cases, have followed policies on the ground that in fact impeded women's empowerment and improved public health, a new study charges.


  • TRADE: Starbucks Coffee Deal with Ethiopia Hailed as Model
    WASHINGTON, Jun 29 (IPS) - A deal between Starbucks and Ethiopia that ends their trademark dispute and offers more benefits to Ethiopian coffee farmers has been hailed as a potential model for other poor nations seeking to better use the modern trading system, especially the often-controversial intellectual property rights provisions.


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