Worldwide

We Owe Future Generations a Path Out of the Global Debt Crisis

WASHINGTON DC / NEW YORK, July 8 (IPS) – Almost half of the world’s population now lives in countries that spend more money paying interest on their debts than on education or health. New data shows the cost of borrowing for African countries in particular rose 91% since 2020. Rising debt payments have reduced governments’ capacity to invest in children and build their human capital.

Read the full story, “We Owe Future Generations a Path Out of the Global Debt Crisis”, on globalissues.org

Cutting Hair, Cutting Freedom: Afghanistan’s Barbers Under Taliban Rule

KABUL, July 7 (IPS) – Kabul barber Ahmed (name changed) used to keep a collection of pictures of different hairstyles on his phone. He would show them to his customers before cutting their hair so they could choose the style they liked. Some young men would bring their own pictures, and Ahmed would cut their hair according to their wishes. The business was particularly busy a few days before Eid.

Read the full story, “Cutting Hair, Cutting Freedom: Afghanistan’s Barbers Under Taliban Rule”, on globalissues.org

Venezuela’s Humanitarian Crisis Deepens After Worst Earthquake in Decades

UNITED NATIONS, July 7 (IPS) – In recent weeks, Venezuela’s humanitarian situation has deteriorated sharply following the twin earthquakes on June 24. Marking the strongest seismic event since 1990, the earthquakes and subsequent aftershocks have resulted in a significant loss of life, widespread damage to critical infrastructure, and considerable disruption to livelihoods and humanitarian response efforts.

Read the full story, “Venezuela’s Humanitarian Crisis Deepens After Worst Earthquake in Decades”, on globalissues.org

CARICOM Leaders Gather in Saint Lucia as Caribbean Confronts Mounting Global, Regional Challenges

GROS ISLET, Saint Lucia , July 6 (IPS) – Caribbean leaders are meeting in Saint Lucia for their annual summit, confronting a convergence of global and regional challenges ranging from rising living costs and climate change to crime, food security and geopolitical tensions.

Read the full story, “CARICOM Leaders Gather in Saint Lucia as Caribbean Confronts Mounting Global, Regional Challenges”, on globalissues.org

Peru’s Gridlock a Licence for Autocracy?

MONTEVIDEO, Uruguay, July 3 (IPS) – Right-wing candidate Keiko Fujimori has won Peru’s presidential runoff, narrowly defeating leftist Roberto Sánchez to become the country’s ninth president in a decade. She inherits a system so engineered for dysfunction that rather than making compromises, she may decide the concentration of power is her only means of survival. The constitution that created this trap was written by her father.

Read the full story, “Peru’s Gridlock a Licence for Autocracy?”, on globalissues.org