Vain and void, neither G8 nor G20!
Thu Jul 01 2010 - Source:
ALAI
As at previous meetings, the Toronto summit of the exclusive G20 club to which the world’s richest countries invited the heads of state of the major emerging countries once again raised great expectations only to conclude with an empty bubble. As in previous meetings since 2008 discussions focused on a way out of the crisis that favours creditors and great powers.
Smaller nations fear marginalisation by elite G20
Mon Jun 21 2010 - Source:
IPS
The 27-member Global Governance Group (3G) is challenging the politically and economically powerful G20 not to marginalise the interests of small and medium-sized countries or undermine the United Nations in key decision-making.
Development aid: Robbing the poor to feed the rich
In producing often 'negative resource transfers' (from developing to developed countries), development aid and official development assistance (ODA) essentially remain an exercise in taking money from poor countries for the purpose of enriching wealthier ones, writes Charles Abugre.