There is growing evidencethat investments on commodity and food markets are making people go hungry. Financial institutions like Deutsche Bank and Goldman Sachs are speculating with food at the expense of the poorest. According to a new report titled “Die Hunger-Macher” (“The Hunger Makers”), there is a close connection between speculation and rising food prices. WDEV summarises the report written by Harald Schumann and commissioned by the German NGO Foodwatch.
If people have to spend 80% of their income on food – not just 10 to 20% as in wealthy industrialized countries – then an increase in the price of grains, bread and other staples poses an existential threat. In 2011, global average prices for wheat, corn and rice were 150% higher (after adjustment for inflation) than they had been in 2000. In 2010 alone, higher prices for foodstuffs caused 40 million people to go hungry and live in abject poverty ...
Weakening of workers' rights in most regions is being aggravated by severe crackdowns on freedom of speech and assembly, according to the 2016 Global Rights Index. Restrictions on freedom of speech and assembly, including severe crackdowns in some countries, increased by 22%, with 50 out of 141 countries surveyed recording restrictions.
The year 2015 was marked on the one hand by the inability of the European Union (EU) to emerge from the crisis, and on the other by a dramatic rise in the number of people taking flight from their homes and from their homelands, because of wars and terrorist attacks, in many cases caused by the destructive policies of the EU and of its member states.
The world economy stumbled in 2015 and only a modest improvement is projected for 2016/17 as a number of cyclical and structural headwinds persist, says the United Nations World Economic Situation and Prospects (WESP) 2016 report. Global growth is estimated at a mere 2.4% in 2015.
Within a few weeks leftwing governments in Latin America have experienced a breath-taking decline. The Latin American (centre-) left forces suffered several strategic defeats. They occurred in the biggest Latin American economies. First in Argentina, than in Venezuela, and also in Brazil the days of an uncontested majority of left forces are definitely over now.
14 years after their previous strategy on gender mainstreaming, the WBG has decided to develop a new Gender Equality (GE) Strategy. This briefing document presents WIDE+ critical reflections and key recommendations to enhance the new World Bank Group's (WBG) strategy on Gender Equality.