-Press release by Oakland Institute dated 21st September, 2021 Oakland, CA: The Food Systems Summit, hosted by the United Nations, has been reduced to a day-long virtual event on September 23, 2021 — a result of an unprecedented counter mobilization around the world. Hijacked by proponents of corporate industrial agriculture, the summit faced a united front from farmers, civil society groups, and social movements around the world, who rejected and mobilized...
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The end of the doing business rankings -R Nagaraj
-The Hindu The Ease of Doing Business index was plagued with problems and deserves to be scrapped On September 16, the world bank Group scrapped its flagship publication, the ‘Doing Business’ report. This report publishes the influential annual ranking of countries on the Ease of Doing Business (EDB) index. The Group acted on its commissioned study to examine the ethical issues flagged in preparing the 2018 and 2020 editions of the EDB...
More »world bank to discontinue ‘Doing Business’ reports after irregularities found in data -Kunal Gaurav
-Hindustan Times The irregularities in Doing Business reports had affected four countries: China; Saudi Arabia; United Arab Emirates; and Azerbaijan. world bank Group has decided to discontinue ‘Doing Business’ reports that used to assess investment climate in countries after data irregularities were found in 2018 and 2020, reported news agency Reuters. In August 2020, world bank paused the publication of Doing Business reports following a number of irregularities were reported regarding changes...
More »RBI proposal to loosen lending norms for private players a catastrophe in the making -Rana Mitra
-Frontline.thehindu.com The RBI’s proposal to loosen regulations for private lenders in the microfinance space will have disastrous consequences for the poor, especially women in rural areas. Microfinance, a category of financial services aimed at serving people from low-income households who lack access to conventional banking credit and services, was originally designed by international finance capital institutions such as the world bank as an alternative to providing direct concessional credit to the poor—which...
More »Low rain spurred 10% of 1970-2000 migration increase: Report -Madhumita Paul
-Down to Earth Water shocks affect not only the number of people who move but also the skills they bring with them Rainfall variability is expected to be one of the contributing forces in migration, according to a new world bank report released 23 August, 2021. Rainfall deficit is linked to approximately 10 per cent of the increase in global migration between 1970 and 2000, the report said. Water shocks affect not only the...
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