Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.
Tag: Poverty
World Bank Warns Record Debt Burdens Haunt Developing Economies
Surging interest rates and waning financing options threaten a “lost decade” for poor countries.
This Building Was Deemed ‘Outright Inhumane.’ But They Say It’s Home.
Residents of a Johannesburg building know it is every bit as dangerous as one that burned in August, killing 77. But it’s a home, one they might not otherwise have, and a place to pursue their dreams and aspirations.
Youth Struggle to Find Jobs in South Africa, Where 6 in 10 Are Unemployed
Portia Stafford has a high school diploma in hospitality and three certificates from job training programs. She is among a generation of ambitious Africans who spend their days chasing an elusive opening.
Pope Francis Implores the World to Save a Planet Near ‘the Breaking Point’
Eight years after his landmark letter on humanity’s obligation to protect the environment, Francis warns that there is still a lot to be done, and quickly.
Portraits of Fire Victims: Two Toddlers Named ‘Memory,’ and a Teacher About to Wed
A picture is emerging of some of the 77 people who died when the derelict building in Johannesburg where they were living went up in flames on Aug. 31.
India’s Preparations for G20 Summit Must Also Account for Monkeys
For New Delhi, monkeys are a minor problem compared with poverty and pollution, but the government doesn’t want them stealing the spotlight when world leaders arrive.
In Spain, Illegal Pot Farms Are Being Blamed for Blackouts
Spain’s largest electricity company says daily power outages are caused by illegal indoor marijuana farms that overload the grid. “Easy excuse,” residents reply.
Officials Knew of Problems at Building That Caught Fire in South Africa
An extensive paper trail reveals that the authorities in Johannesburg were warned repeatedly about the dangers in the derelict building where 76 people died in a fire this week.
Officials in South Africa Knew About the Problems at a ‘Bad Building,’ but Did Nothing
An extensive paper trail reveals that the authorities in Johannesburg knew about the litany of dangers in the derelict building where 76 people died in a fire this week.