Portside

Experts say biggest economies must pledge more cuts to carbon emissions but hail agreement to set up loss and damage fund

The Fed knows inflation is a problem born of insufficient supply that only governments can tackle. But that doesn’t look like stopping it from pushing the US economy, and everyone else’s, into recession.

And what isn’t in it but should be?

The right of foreign investors to sue governments in international tribunals is one of the most extreme examples of excessive power granted to corporations through free trade agreements and investment treaties.

I am concerned that the Green New Deal could exacerbate what scholars like sociologist Doreen Martinez call climate colonialism – the domination of less powerful countries and peoples through initiatives meant to slow the pace of global warming.

Africa’s children are generally healthier, live longer, are better schooled, and can aspire to a better life than those before. However, this modest progress cannot hide the challenge that remains. Hunger and lack of schools is still too common.

As growth slows in wealthy countries, Western food companies are aggressively expanding in developing nations, contributing to obesity and health problems.

Tax avoidance in the United States contributes to the national debt, but in developing countries it’s literally causing people to go hungry.