Sunday, November 22, 2009   04:58 GMT    
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ECONOMY-JAPAN: Hurting From Global Recession
By Catherine Makino
TOKYO - Japan’s economy, on an upward trend for several years, has been hit badly by the global credit crisis. As Tokyo stock prices posted its second largest drop on record, anxiety spread of a global recession.
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ECONOMY: What Role Can the IMF Play Today?
By Mario Osava
RIO DE JANEIRO - Having failed, to date, to play an active role in the current global financial crisis, the International Monetary Fund (IMF) may become a symbol of the end of an era and the need for a different system, more suitable to today’s new world order.
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LATAM-ASIA: Integration Won’t Be Affected by Crisis
By Daniela Estrada
SANTIAGO - The recently created Latin America Pacific Arc will not modify its strategy of integration with Asia "because of unfavourable financial circumstances" like the current crisis, Chilean Foreign Minister Alejandro Foxley said Friday after the group’s fourth meeting in the Chilean capital.
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BRAZIL: Reform of Global Financial System Needed, Says Minister
By Mario Osava
RIO DE JANEIRO - A new international financial architecture, based on different rules, is a reform that has long been demanded by different sectors and is now "inevitable" in the face of the "universal and systemic crisis" originating in the United States, says Brazilian Finance Minister Guido Mantega.
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Q&A: "The Notion that Water Is Forever Is Wrong"
Interview with Irena Salina, activist filmmaker
SAN DIEGO, California - Venality, greed, corruption - the documentary film "Flow: For Love of Water" could just as easily be subtitled "The Evil That Men Do."
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ECONOMY-INDIA: Market Reforms May Not Materialise
By Paranjoy Guha Thakurta
NEW DELHI - Prime Minister Manmohan Singh’s coalition government is no longer dependent on communist parties to complete its term in office but it may yet fail to push through market-friendly, neo-liberal economic policies - for lack of time and political consensus.
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TRADE: WTO Prescribes More Liberalisation
By Gustavo Capdevila
GENEVA - The shortcomings of globalisation must be amended by more globalisation, according to the World Trade Report 2008, released by the World Trade Organisation (WTO).
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BOOKS: You're Not on Their Speed Dial
By Abra Pollock
WASHINGTON - Amidst the rise of multinational corporations, technology that unites people across borders, and new waves of international migration, globalisation has also ushered in the formation of a powerful network of elites who have access to unprecedented resources and influence - and whose decision-making impacts the lives of millions across the globe.
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GLOBALISATION: West’s Loss of Gulf Funds East’s Gain
Analysis by Meena Janardhan
DUBAI - As politically motivated restrictions on investments by oil-rich countries intensify in the West, the sovereign wealth funds (SWFs) of the Gulf countries could opt to invest in Asia and other emerging markets despite attractive valuations in the slowing U.S and European markets.
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MEDIA: IPS Has New Chairman
By Sabina Zaccaro
ROME - The IPS International Association has chosen Federico Mayor as new chair of its Board of Directors. He replaces Mario Soares, former President of Portugal (1986-1996), who has been guiding the IPS Board since 2002.
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DEVELOPMENT: About Farmers, Without Farmers
By Sabina Zaccaro
ROME - Record high food prices and their impact on poor countries will dominate the three-day UN Food and Agriculture Organisation (FAO) summit of world leaders that opened Tuesday in Rome. But the solutions to the food crisis cannot be left to governments only, according to several small farmers groups running a parallel civil society food forum.
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DEVELOPMENT: Blessed and Cursed by Water
By Tarjei Kidd Olsen
OSLO - Millions of people are threatened by poor, unreliable, or non-existent water resources, and climate change could make things worse. IPS looked at some of the issues before participants at a World Bank conference on water and sanitation issues held in Oslo last week.
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Q&A: Can Save the MDGs Yet
Interview with Glenys Kinnock, Member of the European Parliament
BRUSSELS - White banners were draped across public buildings in much of Europe during 2005 as an unlikely coalition of celebrities, church groups and trade unionists took part in the Make Poverty History campaign. The Group of Eight (G8) top industrialised countries and the European Union responded by promising to double their aid to Africa by 2010 at a summit in Gleneagles, Scotland.
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The international flow of capital and the emergence of diverse blocs and alliances are dramatically reshaping lives and the environment all around us, with the world's poorest paying the price of prosperity for the few. But the globalisation process offers unprecedented advantages too. Since WWII the possibilities for international cultural, social and economic interaction have increased at an explosive rate. The effects of these trends on trade, geopolitics, environment, media and many other fields are interconnected and extremely complex. IPS news agency seeks to analyse the free trade initiatives' impact on the individual, as well as the behaviour of corporations, international finance institutions and the multilateral system, giving visibility to the perspectives of a more diverse range of people, including civil society and the individual.

Nuclear Weapons
Guns and Roses: IPS's Reporting On Global Armed Conflicts and Resolution Efforts
UNITED NATIONS: Inside the Glass House
Towards Doha: Better Financing for Development
POWER GAMES: IPS's coverage of Global Geopolitics
IFIs - International Financial Institutions
Religion in the News
News in RSS
Q&A: ‘Creating Artificial Glaciers Is Simple, Easy and Replicable’
INDIA: ‘Glacier Man’ Vows to Build More Artificial Glaciers
US-INDIA: State Visit by Singh Could Smooth Bumpy Relations
PERU: Fighting Hunger with Native Crops
RIGHTS-CHAGOS: 'My Navel is Buried There'
GENDER-AFRICA: Some Progress Amidst Continuing Challenges
AFGHANISTAN: Insurgents Infiltrate Security Forces
LEBANON: Migrant Women Dying on the Job
POLITICS: U.N. in Final Push for 2015 Development Goals
CLIMATE CHANGE: Health at Risk
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