News Archive


Op-Ed by Kemal Dervis: Fairness for emerging markets
Released: 3 Nov 2008
The crisis that has threatened the global economy since August 2007 has unfolded in an accelerating succession of phases. October's phase was the spread to emerging markets
Lamy calls for better crafted regulation and a Doha Round deal to restore trust
Released: 3 Nov 2008
“Amidst the chaos that we are witnessing today, what we need is greater regulation. What we need is better global governance. While there is no doubt that global financial regulation must be crafted, there is no doubt either that global trade regulation must be reinforced. What is desperately needed at a time like this is to restore trust in markets by reassuring investors that they are still operating within a rules-based international trade and financial system.” So said WTO Director-General Pascal Lamy in his opening address for the Geneva Shipping and Trading Association’s Commodities Week on 3 November 2008. This is what he said:
Reform of international institutions essential to meet global challenges
Released: 4 Nov 2008
President Bharrat Jagdeo of Guyana reinforces the Commonwealth's call for reform of the multilateral institutions
Freight rates begin to fall for World Merchant fleet
Released: 4 Nov 2008
Review of Maritime Transport suggests early 2008 marked the high point of the shipping boom but a decline in the Baltic Dry Index indicates that the financial crisis has spread to international trade, with negative implications for developing countries, especially those dependent on commodities.
New Forum to Help Develop Gender and Poverty-Sensitive Energy Policies in Asia-Pacific Region
Released: 4 Nov 2008
Forum launched at meeting on how to bring gender perspective to national energy policies of developing countries
World trade slipped to 6 per cent growth in 2007, WTO report confirms
Released: 5 Nov 2008
Weakening demand in developed countries, realignments in exchange rates and fluctuations in the prices for commodities, such as oil and gas, introduced uncertainties into the global markets in 2007.
Making the most of Africa´s oil and gas - Africa should treat its mineral wealth as a finite asset in order to jumpstart – and sustain – growth and development
Released: 5 Nov 2008
Africa should treat its mineral wealth as a finite asset and not as an indefinite source of income in order to jumpstart – and sustain – growth and development, said Supachai Panitchpakdi, Secretary-General of UNCTAD, on Tuesday.
Clarity in accounting and reporting standards needed to cope with mounting financial crisis, UNCTAD Chief says
Released: 5 Nov 2008
Says efforts to revise international standards should include participation of developing countries; panellists describe national policies, programmes
ILO Governing Body to examine impact of financial and economic crisis on the world of work
Released: 6 Nov 2008
GENEVA ─ The Governing Body of the International Labour Office (ILO) is to examine the global impact of the current financial and economic crisis on governments, workers and employers at its 303rd meeting which opens here on 6 November.
Experts to Address Problem of Lack of Access to Water and Sanitation for Millions in Asia-Pacific Region
Released: 10 Nov 2008
Despite important progress in recent years, half of the people in Asia still have no access to adequate sanitation and almost 20 per cent lack improved water sources – despite the fact that numerous technically feasible and financially sustainable solutions exist.
The Prince of Wales to attend launch of Commonwealth exhibition
Released: 12 Nov 2008
‘Threads of Change’ will showcase the result of a unique collaboration between skilled rural women artisans in Pakistan and international designers
A need for improved coordination of HIV efforts in Southeast Asia
Released: 13 Nov 2008
A rise in migration within South-East Asia, and the conditions under which some people move, could make millions more vulnerable to HIV infection.
Pushing for world's poorest at G20 meeting
Released: 14 Nov 2008
On Saturday 15 November representatives of the world's largest economies will gather in Washington D.C. to consider a global response to the most pressing global financial issues.
The economics and politics of trade are inextricably linked — Lamy
Released: 17 Nov 2008
Director-General Pascal Lamy, in a speech at the Barcelona Graduate School of Economics on 17 November 2008, said that the answer to rising public concern in industrialized countries about some aspects of globalization lies “in a balance between open markets and complementary domestic policies, along with international initiatives that manage the risks arising from globalization”. This is what he said:
Basic rights of citizens must be upheld
Released: 18 Nov 2008
This ensures quality life lived in dignity, justice and freedom, says Commonwealth official
Experts to Address Problem of Lack of Access to Water and Sanitation for Millions in Asia-Pacific Region
Released: 10 Nov 2008
Despite important progress in recent years, half of the people in Asia still have no access to adequate sanitation and almost 20 per cent lack improved water sources – despite the fact that numerous technically feasible and financially sustainable solutions exist.
Secretary-General welcomes G20 meeting as step towards stronger multilateralism
Released: 18 Nov 2008
The Commonwealth Secretary-General, Kamalesh Sharma, has warmly welcomed the outcomes of the meeting of G20 leaders in Washington at the weekend.
Ministers to Discuss Ways to Overcome Supply Side Constraints to
Released: 18 Nov 2008
Siem Reap/Vienna – Trade and Industry Ministers from the world's poorest countries are meeting in Cambodia seeking solutions to the common problems they face in integrating their economies into the global trading system. The Ministers will be joined here by donors and development agencies active in trade at the regional and global levels.
ILO expresses deep concern over economic crisis, moves to forge policy responses based on decent work
Released: 21 Nov 2008
Amid growing concern over the impact of economic turmoil on workers, employers and governments, the Governing Body of the International Labour Office (ILO) today took the first steps toward forging employment and social policy responses through social dialogue aimed at meeting the challenges of the deepening global economic crisis.
ILO warns of cuts in real wages for millions of workers in 2009 – Declines follow decade in which wages failed to keep pace with economic growth
Released: 25 Nov 2008
The global economic crisis is expected to lead to painful cuts in the wages of millions of workers worldwide in the coming year, according to a new report published today by the International Labour Office (ILO).
New Commonwealth pilot action project aims to tackle stereotypes preventing boys and girls from achieving at school
Released: 26 Nov 2008
New Commonwealth pilot action project aims to tackle stereotypes preventing boys and girls from achieving at school
UNIFEM Media Advisory – World AIDS Day
Released: 28 Nov 2008
This year marks the 20th Anniversary of World AIDS Day. Looking back over the last 20 years, we see there has been progress — there is not only greater awareness of the gender dimensions of HIV and AIDS but also greater commitment to addressing these.
Addressing the International Conference on Financing for Development in Doha the Commonwealth Secretary-General said Monterrey +6 - ‘the spirit of collective responsibility must endure'
Released: 30 Nov 2008
Speaking at an international conference on Financing for Development, Commonwealth Secretary-General Kamalesh Sharma looked back on the six years since he was present at the creation of the Monterrey Consensus, as Chair of the UN Working Group.