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The World Bank has warned that world poverty is much greater than previously thought. It has revised its previous estimate and now says that 1.4 billion people live in poverty, based on a new poverty line of $1.25 per day, reports Steve Schifferes.
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Today
multinational corporations are more powerful then ever, especially over
workers and the government - and politics is more about avoiding this
central topic than ever before, says Ralph Nader.
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Financial firms
have become the dominant players in commodity markets, and their
speculative activity has led to the price increases in oil and
foodgrains, argues Jayati Ghosh.
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A "toxic combination" of bad policies, economics and politics is
killing people on a large scale, according to a new report from the
World Health Organisation (WHO).
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Regarded
as one of the leading experts on Philippine trade and agriculture
issues, Riza Bernabe was interviewed on the latest
collapse of the WTO "Doha Round" trade negotiations. By Walden Bello.
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Waste plays a central role in the ongoing food crisis as immense
amounts of food are lost to processing, transport, sale, and
consumption, says a report released during World Water
Week.
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Where once they used gunboats
and sepoys, the rich nations now use chequebooks and lawyers to seize
food from the hungry. The scramble for resources has begun, but - in
the short term at any rate - we will hardly notice, writes George Monbiot.
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The tragedy of the commons - which asserts that human beings are helpless
prisoners of biology and the market - is a
useful political myth, and a scientific-sounding way of saying that there
is no alternative to the dominant world order, writes Ian Angus.
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Why is the price of oil so high? Because the Bush administration did to the commodities market what it did to housing, argues James K. Galbraith.
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Water and
sanitation are not far behind the food, energy and climate crises - and the causes of water scarcity are
essentially identical to those of the food crisis, say development analysts. Reported by Thalif Deen.
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