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Issue No. 238/239 (Jun/Jul 2010)
COVER:
Whither Global Financial Reform?
US
financial reform law: weak and wanting
The weak and watered-down US financial
sector reform legislation is woefully inadequate in averting the next
financial crisis.
RICK ROWDEN
US
financial regulations: Plugging holes in a faulty dam
There is not much to celebrate in the
US financial reform legislation.
JEFF MADRICK
EU
financial reform: Some small steps, but no fundamental changes in sight
Some important elements are missing
in the EU financial reform agenda.
MYRIAM VANDER STICHELE
Still
no sign of agreement on financial regulation by rich countries
There is still no consensus among the
industrialised countries on financial reform.
JULIO GODOY
Global
financial reforms and developing countries
Kavaljit Singh provides the perspective
of developing countries on global financial reform.
KAVALJIT SINGH
South Korea imposes currency controls for financial stability
In the present uncertain times, imposition
of capital controls becomes imperative since the regulatory mechanisms
to deal with capital flows are national whereas the financial markets
operate on a global scale.
KAVALJIT SINGH
ECOLOGY
Pay
developing nations for eco-disasters
The $20 billion put aside by BP to pay
for the effects of the Gulf oil spill contrasts with the lack of accountability
of big firms that cause environmental harm in developing countries.
MARTIN KHOR
Anti-biopiracy
accord negotiations to resume in September
With the core issues still unresolved,
negotiations on a new international treaty to prevent biopiracy are
to resume for another week in Montreal, Canada.
CHEE YOKE LING
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CLIMATE
CHANGE
Pakistan floods confirm climate crisis
The flooding of Pakistan is linked to
climate change and a sign of more calamities to come.
MARTIN KHOR
ECONOMICS
Youth
unemployment at all-time high
The financial crisis resulted in a record
80 million youths being out of work last year.
KANAGA RAJA
Mining
for El Salvador’s
gold – in Washington
Two transnational
corporations are suing the El Salvador government before a tribunal
in Washington for refusing permits for gold mining.
MANUEL PEREZ-ROCHA
Privatisation
leaves billions in the lurch
The privatisation of social security
systems in developing countries has ruined the lives of billions, says
a new report.
NIRODE MASSON
WORLD AFFAIRS
Afghanistan
and the imperial graveyard
The WikiLeaks documents on Afghanistan
have revealed a brutal and messy war, with uncanny similarities to earlier
imperial conflicts.
JEREMY SEABROOK
HUMAN RIGHTS
The
curse of sex tourism
The prostitution industry in the Philippines
is a national disgrace, reflecting rampant corruption and the sexual
exploitation of even children.
FATHER SHAY CULLEN
WOMEN
African
women's long walk to equality
African women have made some gains in
their struggle for human rights, but an uphill climb still looms.
L MUTHONI WANYEKI
VIEWPOINT
A
new scramble for Africa
A plane crash in the Congo in June has
served to highlight the growing role of Australia in the new scramble
for Africa's minerals.
DAVID T ROWLANDS
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