From: Oxfam International The unregulated sale of arms drives corruption, saps vital funds from coffers, and causes damage far beyond the immediate effects of stoking conflict and violence, says a report released Wednesday by an international humanitarian organization.
Global commitments to reduce poverty and improve lives cannot be reached unless the international community makes urgent progress towards controlling the arms trade, according to a new Oxfam report released today.
The report “Shooting Down the MDGs”, says many countries will not reach their Millennium Development Goals because of irresponsible arms sales. It shows these cause damage far beyond the immediate effects of stoking conflict and armed violence.
Many countries allow weapons sales without considering the potential impact on poverty. Some governments also buy arms at a high cost, putting them into debt and squeezing the amounts of money left to fight poverty. The lack of transparency and accountability in the arms trade means it is easily open to corruption and waste, again draining countries of money that could be used to improve ordinary peoples’ lives. Continue reading Irresponsible arms transfers wrecking attempts to reduce poverty→
The Independent Exhausted birds are washing up on Brazil’s tropical beaches, thrown off course by changing currents. Claire Soares reports
Saturday, 4 October 2008
Valeria Ruoppolo (IFAW):
In between the bronzed bodies in skimpy thongs soaking up the rays on Copacabana beach, a tiny black and white bundle of feathers struggles to emerge from the surf. Exhausted and emaciated, its bones poking through the blubber, the young penguin finally collapses on the sand. It has strayed thousands of miles from home, one of more than 1,000 penguins to have washed up on the Brazilian coast this year. Continue reading The long march of the penguins→
BOSTON – The U.S. Treasury’s bonanza from Congress to hand out 700 billion dollars to Wall Street is not what the country needs to right its shaky economy, many independent experts say.
“Despite the bailout, it’s clear the economy is going into a deep recession,” Robert E. Scott, senior international economist at the Economic Policy Institute, told IPS.
U.S. Federal Reserve Chairman Ben Bernanke warned Tuesday that the U.S. economy is headed downward, hours after The Fed unveiled a programme to buy short-term debt in an effort to stimulate lending among businesses.
The Fed’s action followed a drop in the Dow Jones industrial average on Monday to below 10,000 for the first time since 2004, and reports of plunging markets around the world, with markets in Brazil and Russia especially hard hit. Developing nations are bracing for harder times to come.
WASHINGTON (CNS) — Archbishop Francois Maroy Rusengo of Bukavu, Congo, expressed hope that Americans would listen to his story about the ongoing violence in eastern Congo. Referring to the U.S. congressional representatives he met in October, Archbishop Maroy told Catholic News Service: “I hope they understand the gravity (of the situation). They promised they will see how they can help, and I am going to pray” that they do. “The world is so silenced it is like we are not even humans,” he said. Archbishop Maroy spoke to CNS in Washington Oct. 9 before he spoke about the poverty and violence in eastern Congo and the Great Lakes region of Africa to representatives of U.S.-based nongovernmental organizations working in Congo. The archbishop also met with U.S. church representatives and asked them for help rebuilding “houses, schools, hospitals and convents that were destroyed” in the Archdiocese of Bukavu.