Monthly Archives: July 2015

Egypt: A Revival of the Suez Canal
By admin July 31, 2015

A new special economic zone may well be an avenue not only for deepened economic ties between Egypt and the rest of the world but also an avenue for deepened political interaction while cutting down on navigation time from 22 hours to 11 hours, making it the world’s fastest waterway in existence. On the sixth

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China’s Engagement with Sub-Saharan Africa
By admin July 28, 2015

  According to the report from the World Bank, China’s economic ties with Sub-Saharan Africa (SSA) have expanded over the past decade, including trade, direct investment, as well as official development assistance.   In regards to trade, China has become the largest trading partner with SSA as of 2009. From 2000 to 2013, exports to

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The Future is Urban
By admin July 27, 2015

In the early nineteenth century, the age of industrialization brought about profound demographic and economic transformations across Europe and North America, most notably, in the increasing concentration of people in highly urbanized area. It became the phenomenon that defined the modern era and moved society to the next level of human development. It took less

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Ethiopia: An Eco-Friendly Industrial Powerhouse in the Works
By admin July 24, 2015

The Reppie Project, a power plan that seeks to transform Ethiopia`s waste into 50 MW of electricity, may well just be the new buzzword in Addis Ababa. The Reppie Project comes at a time where the energy needs of Ethiopians are rapidly growing; and it is only by diversifying the energy sources that the country

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First Malaria Vaccine Expected to be Approved by European Regulators
By admin July 23, 2015

Millions of children could benefit if European regulators recommend the first malaria vaccine developed by GlaxoSmithKline. The shot is called RTS, S, or Mosquirix and backed by the Bill and Melinda Gates Foundation. It has shown success in protecting young children from Malaria for up to four years. It nearly halved the cases of malaria

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The Impressive Rise and Unfortunate Fall of Latin America’s Decade Long Commodities Boom
By admin July 22, 2015

After a decade of soaring growth, the good times may be woefully over across major Latin American economies, in what experts fear may be more than a short-term economic slowdown. The continent already has much to be anxious for as anticipation of increasing U.S. interest rates steadily grows, the collapse of global commodity prices –

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Social Protection and Pro-Poor Investment to Accomplish Zero Hunger by 2030
By admin July 21, 2015

    The Millennium Development Goals are coming to a close and the United Nations has now developed the Sustainable Development Goals to continue the work towards producing a worldwide sustainable population. Sustainable Development Goal (SDG) 1 requires ending poverty in all its forms everywhere and SDG2 calls for ending hunger, achieving food security and

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Financing for Development: 2015 and Beyond
By admin July 17, 2015

The Third International Conference on Financing for Development (FfD) took place from the 13th to 16th of July in Addis Ababa, Ethiopia. The fundamental aim of the conference was to strengthen a global partnership for sustainable financial development – from the grassroots level. Against the backdrop of the backdrop of the global atmosphere that is

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ECB Hands Greece an Extra 900 Million Euro in Emergency Funds
By admin July 16, 2015

The European Central Bank announced that Greek banks will benefit from an extra 900 million euro, approximately 980 million dollars, in emergency funding to keep them afloat and possibly allowing bank branches to stay open on Monday. The ECB voted on a measure that would bring the institution’s support for Greek banks to 130 billion

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The Federal Reserve Increasing Interest Rates
By admin July 14, 2015

  Since December 2008 when global financial crisis hit the United States, the Federal Reserve (the Fed) held the benchmark interest rates near zero. Recently, however, the Fed indicated that it would raise rates gradually in a year as the economic growth rate of the United States seems to be rebounding. In theory, adjusting for

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The Value of Pollination for Farmers in Trinidad and Tobago
By admin July 10, 2015

The benefits that we derive from the global commons is imperative, but the tragedy exists in the fact that we undermine the monetary value that ecosystems services provide to farmers. Pollination yields much economic value for farmers. Pollination, as we know it, can take place in many forms, such as through wind, between plants, or

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Chinese Stock Markets Continue to Go Down
By admin July 9, 2015

The Chinese stock market took another nosedive on Wednesday, as investors shrugged off a series of support measures by Chinese regulators. The central bank made a public statement in support of the market since it cut interest rates in late June.   Both the Shanghai Composite Index and the Shenzhen Component fell 8% and 5%

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Soil: A Forgotten Necessity for Sustaining Life
By admin July 8, 2015

It is not often that one thinks about how important soil is to sustaining all life around them. Healthy soil is critically necessary to ensure food security and the production of fiber as well as for maintaining environmental quality and healthy ecosystems. Many scholars have defined soil health as “the capacity of a living soil

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The Migrant Crisis and Development
By admin July 7, 2015

  The aggravating world migrant crisis is a result of continuing conflicts and instability in security throughout Africa, the Middle East and Asia. As a result of frequent conflicts, people are having trouble finding adequate shelter, food and water, and are threatened by violence. The chronic poverty also deepens the migrant crisis, making people crossing

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Oxi: Greece rejects bailout
By admin July 5, 2015

On Sunday 5th July 2015 Greece rejected the terms of an international bailout. After polls closed on the referendum promised by Prime Minister Alexis Tsiparas, over 60% of Greek voters said no to continuing a further 5 year $270 billion bailout package. Some suggest this will signal a Grexit and the beginning of the end

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Denmark to Slash Benefits for Asylum Seekers in Attempt to Deter Refugees
By admin July 4, 2015

The new rightwing government in Denmark has decided to cut benefits by almost half come September for asylum seekers, in order to decrease the number of refugees coming into the country. Denmark received nearly 15,000 asylum seekers in 2014, which was twice the number from the previous year. Most asylum seekers were fleeing the civil

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Corporate Social Responsibility: Whose Business is it Anyway?
By admin July 3, 2015

The G7 Summit in June saw some of the world`s leading economies pledge support to the United Nations Guiding Principles on Business and Human Rights (UNGPs). UNGPs stand as normative benchmarks for states to adhere to, in order to avoid compromising human rights in the operations and services provided by companies. States should require companies

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The Syrian Crisis: The Harmful Effects on Children’s Well-being
By admin July 2, 2015

  In what United Nations aid agencies are calling one of the worst refugee crises since World War II, the crisis in Syria is leaving detrimental effects on every member of the population. In the, now, four-year long crisis, over 220,000 people have been killed and over half of the population has been displaced. Many

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