ROME, Apr 20 2015 (IPS) - This month’s World Economic Outlook released by the International Monetary Fund (IMF) only confirms that consequences of the collapse of the financial system, which started six years ago, are serious. And they are accentuated by the aging of the population, not only in Europe but also in Asia, the slowing of productivity and weak private investment.
The sovereign debt of today, particularly in developed countries that are highly indebted, is the results of the irresponsible indebtedness of the private sector that was bailed out with public monies, Roberto Bissio, Social Watch Coordinator, First preparatory session of the Addis Ababa Conference on Financing for Development, January 28, 2015.
Source: Social Watch
Thank you, Mr. Chairman. I am Roberto Bissio, coordinator of Social Watch.
Rome Dec 13, 2014 - The Swedish Social Democrat government, which took office only two months ago, has just resigned. The far-right anti-immigrant Sweden Democrats sided with the four-party centre-right opposition alliance, and new elections will be held in March next year.
In Europe, Sweden has been the symbol of civic-mindedness and democracy - the place where those escaping dictatorship and hunger could find refuge; the country without corruption, where social justice was a national value.
The fact that in a referendum Switzerland has taken a path that is opposite that of Europe is an unusual fact which calls for reflection, especially because Switzerland has taken a much more progressive path, while we all were accustomed to see it as a very conservative country.
After the Italian sea search-and-rescue operation Mare Nostrum at a cost of nine million euros a month, through which the Italian Navy has rescued nearly 100,000 migrants – although perhaps up to 3,000 have died – from the Mediterranean since October 2013, Europe is now presenting its new face in the Mediterranean.
The author argues that governments are unwilling to take steps to do something concrete to halt climate change because of their incestuous relations with energy corporations and because they are unable - or unwilling - to see beyond their immediate existence.
ROME, Nov 21 2014 (IPS) - Less than a week after everybody celebrated the historical agreement on Nov. 17 between the United States and China on reduction of CO2 emissions, a very cold shower has come from India.
by Roberto Savio - The new European Commission looks more like an experiment in balancing opposite forces than an institution that is run by some kind of governance. It will probably end up being paralysed by internal conflicts, which is the last thing it needs.
During the Commission presided over by Jose Manuel Barroso (2004-2014), Europe has become more and more marginal in the international arena, bogged down by the internal division between the North and the South of Europe.
The Oct. 23 attack on the Canadian Parliament building by a Canadian who had converted to Islam just a month earlier should create some interest in why an increasing number of young people are willing to sacrifice their lives for a radical view of Islam.
Until now, this was dismissed as fanaticism, but when you have over 2,000 people who blow themselves up, it is time to look to this growing reality and put stereotypes to the side.
WHITE STAR RISING?