For about a week after the Dubai crisis broke, international financial markets chose to ignore it. Stock-markets climbed, commodity prices rose and the dollar continued to be beaten down. It is not too difficult to explain this initial indifference. For one, the magnitude of the Dubai crisis appeared piffling, at first glance, compared to the “subprime” crisis or the meltdown following “Lehman’s bust”. When global banks had run up losses...

A change of strategy for treating patients suffering from tuberculosis has cured 36 million people worldwide and saved up to 8 million lives over the last decade and a half, according to data released today by the United Nations World Health Organization (WHO). “Fifteen years of TB investments are bringing visible results in terms of human lives saved,” said Director of the WHO Stop TB Department Mario Raviglione. “Together, national...

The G8 countries have promised to increase the spending on agricultural development by $20 billion over the next three years. The amount is woefully less than the $44 billion that will be needed each year to end malnutrition.  At the world leaders’ meeting in Copenhagen, it is imperative that governments pledge to adopt up-to-date technologies to boost food production as well as outweigh the negative impacts of climate change. A...

The road to Khardung La begins in the Indian town of Leh on the northwestern fringe of the Himalayas. Exhaust-spewing army trucks rattle up the side of dry rock, past Buddhist monasteries clinging to the craggy mountainside and alongside small farms barely scraping fertility from the earth. Khardung La, the highest motorable mountain pass in the world, is more than 18,000 ft. above sea level, the air so thin that...

In a year of sparse rains and spiralling food prices, with hundreds of districts being officially declared as drought-hit, a rally by activists in the capital demands a Food Entitlements Act.  Perhaps the most vocal demands at the rally were those aimed at a complete revamp of the Public Distribution System (PDS), starting with universal — instead of targeted — coverage. Over 5,000 grassroots activists, agricultural workers, farmers, lawyers, doctors and...