Services and goods associated with information and communications technologies (ICTs) are creating opportunities for the poor, but those sources of income are unevenly distributed and not always sustainable, the United Nations Conference on Trade and Development (UNCTAD) said today in a new report. In Kenya, for example, there are now more than 18,000 agents for the M-PESA mobile telephone-based money transfer service, and Bangladesh has some 350,000 “village phone ladies,” UNCTAD...
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Speculation and the economics of hunger by Biraj Patnaik
A recent report of the UN Special Rapporteur on the Right to Food, Olivier de Schutter, provides a damning indictment of the role of speculation in food commodities in fuelling the global food crisis. The report – 'Food Commodities Speculation and Food Price Crisis – was released on the eve of an emergency meeting of the UN-FAO on the instability in agricultural markets. The global food crisis in 2007-08 led to...
More »Ethiopians say Indians grabbing land.Indian farmers claim it is official by Shantanu Guha Ray
RAM KARUTURI, the world’s largest rose grower, calls it a situation that needs immediate intervention. Else, he is sure the rush of Indians to Africa will ebb to a trickle, which, in turn, could have serious implications as ethnic tensions with the locals are slowly, but steadily, rising in some parts of the continent. The hub of the crisis is Gambela, one of Ethiopia’s nine states, for long starved of investment....
More »Information technology helps advance anti-poverty goals, UN report says
Information and communication technology (ICT) projects are helping countries make significant progress towards the globally agreed anti-poverty targets world leaders have pledged to achieve by 2015, according to a United Nations report released today. For the first time, the 2010 World Summit on the Information Society (WSIS) Stocktaking report – now in its third edition – takes into account the use of social networking services. “This report charts significant progress...
More »World’s poorest countries must diversify economies to beat poverty – UN
Economic diversification is vital if the world's most poverty-stricken countries, some of them depending on a single or a few raw materials or commodities, are to escape their predicament, a top United Nations trade official said today. “Some countries had been successful in diversifying their economies, in creating jobs, in improving governance,” UN Conference on Trade and Development (UNCTAD) Secretary-General Supachai Panitchpakdi told the opening session of a two-day meeting...
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