Poor countries squeezed by 10 trillion dollars in external debts
Blog / 16th December 2022The external debt of the world’s low and middle-income countries at the end of 2021 totalled 9 trillion US dollars, more than double the amount a decade ago. Such debt is expected to increase by an additional 1.1 trillion US dollars in 2023.
UN adopts historic decision to take on new tax leadership
Blog / 6th December 2022The UN General Assembly has adopted by unanimous consensus a resolution that mandates the UN to set course for a global tax leadership role.
Rich polluting nations are hijacking 1.5C goal for their own aims
Blog / 1st December 2022At COP27, wealthy governments are pushing for stronger efforts to limit global warming—while failing to deliver the finance and technology promised for climate action in poorer countries.
IMF urged to unlock $650 billion for poor nations facing crises ‘unprecedented in human history’
Blog / 13th October 2022A coalition of 140 organizations from across the globe urge the International Monetary Fund to provide immediate financial relief to low-income nations reeling from the intertwined emergencies of climate change, Covid-19, war, and soaring costs of living.
Where is the mass mobilized movement for Medicare for All?
Blog / 1st October 2022It wouldn’t take more than 1% of the U.S. population to rise up and get organized behind key popular demands to make them a reality – and yet we continue to endlessly wait, writes Ralph Nader in Common Dreams.