The BRICS bank is positioning itself to play a significant role in those areas in which the international financial institutions are seen to have failed.
Right, what shall we do this year?
Reuters/Pool new
To understand this week’s G20 Summit being held in Brisbane, Australia, and measure its success, requires a sense of the history of economic crisis and change. Recurring crises have shaped global institutions…
Imagine you’d organised a much-anticipated party but because of something you’d said or done nobody turned up? To dismiss the party in the first place would smack of sour grapes but this pretty much captures…
Will the global community definitively stigmatise Russia as an international pariah until it renounces the use of force to challenge a UN member’s territorial integrity?
EPA/Alexey Nikolsky
The international community has been impotent since Russia responded to the November 2013 Ukraine crisis with force, culminating in annexation of the Ukrainian territory of Crimea this month. The G7’s…
The fragile five economies have become surrogates for the developing world in meetings like the G20.
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Financial markets love to come up with snappy acronyms – you have all heard of BRICS, but there are many others, with the “fragile five” being the latest. The BIITS - Brazil, India, Indonesia, South Africa…
The G20 Summit brings together in St Petersburg, Russia a remarkably diverse and powerful collection of states. It is a unique experiment in global governance, signalling the end of dominance by a few…
The survival of Pacific Island tax havens depends on a bigger struggle between the Global North and the Global South.
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The role of offshore tax havens have come under increasing fire amid growing global concern over tax revenues, with a calls for greater transparency from the recent G8 summit and the recommendation of…
Committing to open data goes beyond government charters.
opensourceway
Last week G8 leaders signed up to an Open Data Charter, calling for government datasets to be “open data by default”. Open data has risen up the government agenda in the UK over the last three years, with…
On the hunt for rogue internet cafes.
Niall Carson/PA
So what’s so special about this lot? Who decides which countries get to be in the gang? Can you get kicked out? How does it stack up against the G20? If spies were to listen in, would they hear anything…
The main trade deals are not struck through the G8.
Gareth Fuller/PA
Trade is one of the big buzzwords at this G8 summit. Along with tax and transparency, it makes up the “three T” priorities for the UK’s presidency of the group. But it is not at all clear whether multilateral…
Thumbs up if you want a fair tax system.
Jonathan Porter / Oxfam
When the leaders of the world’s most powerful economies gather in Northern Ireland on Monday, one issue will overshadow all others: tax. For years the matter of how global corporations engage with offshore…
The Northern Irish market town of Enniskillen will host the G8 in June. But the failure of HBOS - which owned the local luxury hotel hosting the event - could overshadow the area’s natural attractions.
The decision by the United Kingdom to host the upcoming G8 in a luxury resort outside the small market town of Enniskillen may well come back to haunt it. When British Prime Minister David Cameron announced…
The G8’s communique embracing employment following the weekend’s meeting alters a 30 year focus on inflation..
AAP/White House
The G8 leaders’ cautious embrace of “growth and jobs” on the weekend has momentarily buoyed international markets, but significantly, altered a 30-year focus on inflation. For more than three decades…