Companies, governments and non-profit actors agree that economic growth and sustainable development have to go hand in hand to shape our increasingly globalised world in a fair way. Yet a meeting of leaders from the business, government and non-profit sectors at the UN this week showed that there is still a long way to go in […]
DOHA, Qatar, Apr 18 2016 (IPS) - Thanks to tensions between Saudi Arabia and Iran, major oil producers couldn’t come to an agreement in Doha to freeze their output to January levels to raise oil prices. The current low oil prices have a lot to do with the grim outlook for global economic growth while supply is growing. China, the second largest economy in the world, is slowing down. Not surprisingly, global oil demand is much lower at 94.8 million barrels a day vis-à-vis supply of 96.3 million barrels a day in the first quarter of 2016 according to the International Energy Agency.
While U.S. and Canadian officials delivered speeches about how the world needs to step up to their responsibilities at the U.N. climate negotiations in Lima, Peru, activists from North America demanded clear answers back home on their governments’ relationships with fossil fuel corporations, as well as the future of several major oil projects across the […]
Buoyed by the failure of the U.S. and five other powers to reach a comprehensive agreement with Iran over its nuclear programme after a week of intensive talks, pro-Israel and Republican hawks are calling for Washington to ramp up economic pressure on Tehran even while talks continue, and to give Congress a veto on any […]
– In recent days, two major developments have injected new life into international action on climate change. At the G20 summit in Australia, the United States pledged 3 billion dollars and Japan pledged 1.5 billion dollars to the Green Climate Fund (GCF), bringing total donations up to 7.5 billion so far. The GCF, established through […]
In the United States, the negotiations aimed at a final deal between world powers and Iran over its nuclear programme—in a crucial phase this week—are far from the minds of average people. But for many Iranians, the talks hold the promise of a better future. “I really hope for a fair agreement,” Ahoora Rostamian, a […]
“Greenhouse gas emissions from human activity are higher than ever, and we’re seeing more and more extreme weather and climate events….We can’t prevent a large scale disaster if we don’t heed this kind of hard science.” Question: Is that statement about the latest Intergovernmental Panel on Climate Change (IPCC) report from Greenpeace or the U.S. […]
U.S. and Iranian negotiators are working on a compromise approach to the issue of Iran’s uranium enrichment capabilities, which the Barack Obama administration has said in the past Iran was refusing to make concessions on. The compromise now being seriously discussed would meet the Obama administration’s original requirement for limiting Iran’s “breakout capability” by a […]