POVERTY REDUCTION BRAZIL
Lula da Silva: A metalworker who rose from poverty to reclaim Brazil's presidency
Luiz Inácio Lula da Silva has secured a fourth, non-consecutive term as Brazil’s president, defeating Flávio Bolsonaro in a fiercely contested election. The victory strengthens the left’s position in Latin America amid Donald Trump’s growing influence, marking another remarkable comeback for the former metalworker who overcame corruption convictions and imprisonment.
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitions
BRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more representative global order. The document outlines India's 2026 chairship priorities, recognises partner countries' contributions and calls for greater participation of Emerging Markets, Developing Countries and Least Developed Countries in global governance.
Brazil, South Africa, India Key global south partners: Mauro Vieira
Brazilian Foreign Minister Mauro Vieira has described Brazil, South Africa and India as major democratic partners of the Global South, stressing the need to strengthen cooperation in trade, investment, technology and sustainable development, as reported by Brasil 247.
BRICS nation expect strong outcomes on climate finance for developing countries
BRICS nations expect strong outcomes at the upcoming climate summit on climate finance for developing countries. They commit to amplifying the voice of the Global South in the G20 agenda and focus on climate finance, technology transfer, and capacity building. BRICS will also strengthen cooperation on greenhouse gas reduction and adaptation projects.
Stuck in the middle forever? Action to recognise, avoid, overcome perils of middle income trap has to be made policy focus
India, a lower-middle-income country, faces the risk of falling into the middle-income trap (MIT) despite its economic progress since 1991. The World Bank's latest report highlights the need for urgent policy action to address inequality and structural deficiencies to ensure inclusive growth and avoid stagnation.
India's support to poor during COVID-19 remarkable, says World Bank President David Malpass
COVID-19 marked the end of a phase of global progress in poverty reduction. During the three decades that preceded its arrival, more than 1 billion people escaped extreme poverty. The incomes of the poorest nations gained ground, Malpass said in the forward to a study -- Poverty and Shared Prosperity Report -- released by the World Bank.
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Brics to create forum on Agro, Rural Affairs
The ministers adopted a document on Brics food security cooperation strategy. It agreed on the establishment of a forum on agriculture and rural affairs development of Brics members, officials said. Chairing the meeting, China's agriculture minister Tang Renjian said Brics members should deepen cooperation on food security and poverty reduction to contribute to global food security. China holds the current Brics chair.
China, India best bets for green investors, says Morgan Stanley
China and India can see renewable energy as a path to reduce poverty, according to the report.
India brightest spot on global map with 7.8% growth in FY17: World Bank
India is expected to notch near 8% growth in the subsequent years as the world economy also picks up pace to 2.9% growth in 2016.
'Paris deal on climate change should reflect differentiated responsiblities'
Developed countries should take the lead by undertaking ambitious emission reduction targets, ministers from the developing countries bloc said.
World Bank finalises plans to lend $2.7 billion for investment in Bangladesh
Describing Bangladesh as a "very important" partner for the World Bank, Jim Young Kim said the World Bank has zero tolerance for corruption.
'Unresolved bottlenecks slowed growth in developing countries'
Unresolved bottlenecks has slowed growth in middle income countries like India, Brazil, Russia and Turkey, World Bank President Jim Young Kim.
Direct Cash Transfer scheme: India must learn from Latin America and Kenya
Now that the direct cash transfer (DCT) scheme has been accepted for implementation, the challenge is to design a programme that is Indian.
UN Climate Change Negotiations 2012: India, China demand greater accountability from industrialised countries
At the opening sessions of the conference the advanced developing countries or BASIC made it clear that over the last four years the developing world has made more effort in reducing emissions than the industrialised countries.
Barack Obama's blunder at the World Bank
US president Barack Obama has let the world down with his nomination for president of the World Bank.
Inequality rises in India, says OECD
India has become "less equal over time" and earnings inequality in the country has increased significantly since the early 1990s, OECD said.
Global Action Day hits climate talks in Durban
Thousands of activists, including members of the civil society groups, farmers and waste pickers, gathered outside the venue of the landmark climate talks here to step up pressure on world leaders to come up with meaningful actions and measures to combat global warming.
Tackle debt crisis, Ibsa tells Europe
Singh said India will coordinate with Ibsa members South Africa and Brazil for highlighting the damage the European crisis was wreaking on emerging economies.
Oppn keeps up attack on govt over Budget
Leading the charge in the Rajya Sabha, CPM leader Brinda Karat said that the Budget would only “intensify the world of inequalities” and described the government as “anti-people” .
Making up acronyms?
Ibsa and Bric are still far from a new world order.
Prepare ground for Mexico meet
It is notable that the Basic Group (BG) of nations — Brazil, South Africa, India and China — have reiterated their support for last month’s Copenhagen Accord on global warming.
Prime minister's Copenhagen gamble
By committing a 20% reduction in emission intensity while the west is making negligible effort, India may have compromised its interest.
India, other developing nations resist binding emission norms
India, along with the G-77 and China, have resisted yet another attempt by developed countries to impose legally binding emission reduction targets on developing countries.
India won’t accept emission reduction target period, says Jairam Ramesh
The minister of state for environment Jairam Ramesh, on Tuesday, reasserted a central role for his ministry in the climate change negotiations process as well as in the implementation of the National Action Plan on Climate.
Brazil starts to tap deepwater oil field
Brazil will on Tuesday start to tap a deepwater offshore oil field that could presage how difficult it will be to pump reserves in vast new fields located even farther out to sea.
World Bank pledges record $ 3.5 bn to aid poorest nations
The World Bank pledged a record $ 3.5 billion to aid the world's poorest countries as it cut the interest rate on loans to big developing countries.
Brazil risks China’s wrath by getting closer to India
In a world where just about everyone is scared silly of upsetting China, Brazil may be an anomaly. Google, Yahoo! and Microsoft are so worried about crossing China that they help it censor the Internet.
Developing world workers unite
In an unprecedented show of solidarity, workers from the developing world have decided to join hands to fight for a fair multilateral trade deal at the WTO.
More women migrating for a living: UN study
Unlike in the past, when women migrated mostly to wed, a large number of them are now migrating for work.
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