• COVID-19 vaccines: wealthier nations, including the UK, must drop their opposition to the proposed TRIPS waiver at the WTO

    WTO finished without TRIPS waiver

    The World Trade Organization (WTO) will soon decide on a conditional temporary waiver of Trade-Related Intellectual Property Rights (TRIPS).

  • coal fired power plant on the Ohio River

    Carbon tax over-rated

    Addressing global warming requires cutting carbon emissions by almost half by 2030! For the Intergovernmental Panel on Climate Change, emissions must fall by 45% below 2010 levels by 2030 to limit warming to 1.5°C, instead of the 2.7°C now expected.

  • Emissions from coal-fired power plants contribute to the air pollution in Ulaanbaatar, Mongolia

    Will Glasgow fix broken climate finance promises?

    SYDNEY and KUALA LUMPUR: Current climate mitigation plans will result in a catastrophic 2.7°C world temperature rise. US$1.6–3.8 trillion is needed annually to avoid global warming exceeding 1.5°C.

  • Bleak prospects for least developed countries

    Bleak prospects for least developed countries

    SYDNEY and KUALA LUMPUR: “The outlook for LDCs is grim”. The latest United Nations (UN) assessment of prospects for the least developed countries (LDCs) notes recent setbacks without finding any silver lining on the horizon.

  • Since the Eisenhower administration, taxes on the rich have fallen from above 90% on the top bracket to the 30% range today, which does not include a multitude of tax avoidance schemes for the rich

    Progressive taxation for our times

    As developing countries struggle to cope with the pandemic, they risk being set back further by restrictive fiscal policies. These were imposed by rich countries who no longer practice them if they ever did. Instead, the global South urgently needs bold policies to ensure adequate relief, recovery and reform.

  • Daniel Schludi/Unsplash

    End vaccine apartheid

    Vaccine costs have pushed many developing countries to the end of the COVID-19 vaccination queue, with most low-income ones not even lining up. Worse, less vaccinated poor nations cannot afford fiscal efforts to provide relief or stimulate recovery, let alone achieve Agenda 2030.

  • Least Developed Countries map as designated by the United Nations. (Photo: Wikipedia)

    Allow least developed countries to develop

    The pandemic is pushing back the world’s poorest countries with the least means to finance economic recovery and contagion containment efforts. Without international solidarity, economic gaps will grow again as COVID-19 threatens humanity for years to come.

  • States developing public options may offer the federal government valuable lessons in expanding access to care at a lower cost.

    Privatised health services worsen pandemic

    Decades of public health cuts have quietly taken a huge human toll, now even more pronounced with the pandemic. Austerity programmes, by the International Monetary Fund (IMF) and World Bank, have forced countries to cut public spending, including health provisioning.

  • Vaccine sign

    European duplicity undermines anti-pandemic efforts

    Despite facing the world’s worst pandemic of the last century, rich countries in the World Trade Organization (WTO) have blocked efforts to enable more affordable access to the means to fight the pandemic.

  • Drugmakers of U.S. testing several COVID-19 vaccines

    Rich country hypocrisy exposed by vaccine inequities

    World Health Organization Director-General notes, “The global failure to share vaccines equitably is fuelling a two-track pandemic that is now taking its toll on some of the world’s poorest and most vulnerable people.”

  • Powerful states push tax race to the bottom

    Powerful states push tax race to the bottom

    Last week, the largest rich countries, home to most major transnational corporations (TNCs), agreed to a global minimum corporate income tax (GMCIT) rate. But the low rate proposed and other features will deprive developing countries of their just due yet again.

  • Global North and Global South (Photo: Wikipedia)

    Paltry international support for spending needs sets South further back

    SYDNEY and KUALA LUMPUR. With the pandemic setting back past, modest and uneven progress, huge disparities in containing COVID-19 and financing government efforts are widening the North-South gap and other inequalities once again.

  • How will your city use millions in COVID-19 relief funds? (Photo: KEZI news)

    Developing countries desperately need COVID-19 financing

    International cooperation must ensure significantly more official foreign exchange financing to supplement innovative domestic financing for urgently needed spending for relief, recovery and reform.