Economy & Trade
A first-time U.S.-hosted summit on protecting the oceans has resulted in pledges worth some 800 million dollars to be used for conservation efforts. During the summit, held here in Washington, the administration of President Barack Obama pledged to massively expand U.S.-protected parts of the southern Pacific Ocean. In an effort to strengthen global food security, […]
U.S. companies newly operating in Myanmar have until the end of the month to file official reports detailing the actions they’ve taken to ensure that their investments comply with safeguards around land, human rights and other concerns. Such ‘due diligence’ reporting was a key compromise between activists and the U.S. government after Washington lifted sanctions […]
Six years after the financial crisis, Wall Street’s housing alchemy engine is revving up again – only this time it’s coming for your rental. Right as housing prices bottomed out around January 2012, large institutional investors began buying distressed properties in regions hit hard by the foreclosure crisis; they’ve purchased at least 200,000 to date. […]
IPS Daily Report
