-FAO Direct economic costs of $750 billion annually - Better policies required, and "success stories" need to be scaled up and replicated Rome: The waste of a staggering 1.3 billion tonnes of food per year is not only causing major economic losses but also wreaking significant harm on the natural resources that humanity relies upon to feed itself, says a new FAO report. Food Wastage Footprint: Impacts on Natural Resources is the first...

-Frontline A World Bank report on climate change warns that a warmer world will trap millions in poverty. "Much of the advance of European capitalists and other members of the European ruling class was at the cost of the colonised and enslaved peoples of Africa, Asia and Latin America," says Amiya Kumar Bagchi in his book "Perilous Passage: Mankind and the Global Ascendancy of Capital." Capitalist expansion following the Industrial Revolution involved...

-The Hindustan Times India's fabled growth story has just been exposed by an unlikely source - the World Bank (WB). Unlikely, because this institution is one of those most responsible for advocating economic growth as the pillar of development. In a report released on July 17, the WB states that the cost of environmental damage amounts to 5.7% of India's Gross Domestic Product (GDP). This effectively means (though the report fights shy of...

-The United Nations Thirteen years after the world set the Millennium Development Goals (MDGs), countries have made big strides to meet the eight anti-poverty targets by their 2015 deadline, says a United Nations report released today, which stresses that the unmet goals are still within reach, but nations need to step up their efforts to achieve them. "In more than a decade of experience in working towards the MDGs, we have learned...

-PTI WASHINGTON: Global warming could lead to more extreme droughts in large parts of India, resulting in widespread food shortages and hardship in the country, in the next few decades, a new World Bank report warned today. The impact of a possible global temperature rise of 2 degrees Celsius in the next few decades threatens to trap millions of people in poverty, according to the report. The soaring temperatures will also drive regular...