Middle East & North Africa
ROME, May 16 2016 (IPS) - When, in March 2015, delegates from the Middle East met in Amman for their regional consultations round in preparation for the May 23-24 World Humanitarian Summit in Istanbul, most likely what they had in mind is the fact that their region was –and still is– the dramatic set of “the mother of all humanitarian crises.”
Daylesford, Australia, May 12 2016 (IPS) - A previously little-known law firm called Mossack Fonseca, based in Panama, has recently been exposed as one of the world’s major creators of ‘shell companies’, that is, corporate structures that can be used to hide the ownership of assets. This can be done legally but shell companies of this nature are widely used for illegal purposes such as tax evasion and money laundering of proceeds from criminal activity.
UN, New York, Apr 27 2016 (IPS) - We have arrived at the point of no return. At this very moment the world is witnessing the highest level of humanitarian needs since World War Two. We are experiencing a human catastrophe on a titanic scale: 125 million in dire need of assistance, over 60 million people forcibly displaced, and 218 million people affected by disasters each year for the past two decades.
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.
Baher Kamal, a Spanish national of Egyptian origin presents his views on the current Middle East situation and its future. Read The Over-Written, Under-ReportedMiddle East – Part I: Of Arabs and Muslims and Middle East Part II – 99.5 Years of (Imposed) Solitude
The United States re-asserted its political and economic clout – and its ability to twist arms and perhaps metaphorically break kneecaps – when it successfully lobbied to help defeat a crucial Security Council resolution on the future of Palestine this week. Nadia Hijab, executive director of Al-Shabaka: The Palestinian Policy Network, told IPS, “Did [U.S. […]
IPS Daily Report
