Breaking News

HAITI: US remittances keep the homeland afloat

IRIN News (Economy) - 4 hours 17 min ago
NEW YORK Thursday, March 11, 2010 (IRIN) - Haiti's economy depends on the estimated US$1.5 billion a year in remittances sent home by its million-strong diaspora. Dilip Ratha, lead economist at the World Bank, said the figure could be even higher, accounting for perhaps half the national income.

INDONESIA: Farming for alternative livelihoods

IRIN News (Economy) - 4 hours 17 min ago
CIANJUR Thursday, March 11, 2010 (IRIN) - Young unemployed men are finding opportunities in a project that also aims to introduce sustainable farming methods to Indonesia's agricultural sector.
Categories: Breaking News

Price Gap Spices Sugar Fight

Wall Street Journal (Economy) - Tue, 03/16/2010 - 20:09
The battle over U.S. sugar quotas is flaring once more as the gap between domestic and much-lower global prices reaches its widest level in at least a decade.
Categories: Breaking News

'Quiet corruption' hurting Africa's poor: report

San Francisco Chronicle (World News) - Mon, 03/15/2010 - 08:22
A World Bank report says teachers and other public servants who don't show up for work are fueling "quiet corruption" throughout Africa that is disproportionately hurting the continent's poor. The report says studies over the last decade found teachers across...


Categories: Breaking News

Industrial Output Up; Hopes For Factories Grow

NPR (Economy) - Mon, 03/15/2010 - 07:45

Industrial production edged up 0.1 percent in February, beating expectations and marking the eighth straight monthly increase. The manufacturing sector — for months a rare bright spot in the economy — fell 0.2 percent amid winter storms but is expected to rebound in March.

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Categories: Breaking News

Cash for work and planning for the future

Mercy Corps Blog - Sun, 03/14/2010 - 22:23


Two Mercy Corps workers talk with 62-year-old Rosemarie Joseph in her makeshift tent at the Lycée Jean-Marie Vincent displacement camp in Port-au-Prince. Photo: Mercy Corps Haiti

I met 62-year-old Rosemarie Joseph at the Lycée Jean-Marie Vincent, a spontaneous camp for displaced families on the outskirts of Port-au-Prince, Haiti's capital. Rosemarie resettled on the high school grounds with 80 other earthquake affected families with the six youngest of her eight children on January 25. Now they're living in a tiny tent made of a collection of personal and borrowed bed linens, because her house was severely damaged in the January earthquake.

Like many others, Rosemarie lost all her possessions in the quake, but she’s happy she and her family survived. Her oldest son is 36 and her youngest only nine years old. Her husband died a long time ago — she cannot quite recollect the year.

“We were never wealthy people," Rosemarie comments. "Before the quake, I used to run a small petty trading business selling bread, charcoal and little things that people would need. And with that, we could to get by, even if we didn’t always manage to eat more than one good meal a day. But now, we go hungry for days running. When we’re lucky enough to find something to eat, we have to borrow cooking utensils from another family in the camp, because we’ve lost everything.”

It only takes one glance around to see the level of destitution that is now Rosemarie’s everyday reality. As we sit together in what the place she must now call home, there are only torn pieces of cardboard for them to sleep on. There is one pillow, a small desk and a few empty plastic water bottles. The “tent” is exposed to the heavy sunshine and the rain. With rainy season on its way, it’s easy to imagine how much worse things will get.

Unlike others, Rosemarie has no family abroad who can send remittances to help her. The camp at Lycée Jean-Marie Vincent hasn’t been mapped out by the United Nations yet and no humanitarian aid has reached the communities settled here.

Luckily, the Mercy Corps team arrived here and has started two programs: the Mercy Corps water, sanitation and hygiene (WASH) and cash-for-work programs, which work hand in hand. So, in addition to cash-for-work, we plan to provide access to clean water and latrines, because the current facilities are now overstretched with the massive displacement.

One of Rosemarie’s sons was selected to take part in the cash-for-work program, which is aimed at supporting the immediate needs of earthquake-affected populations through community work such as rubble clearing and digging of drainage canals. Participants are enlisted in the program for 20 days and paid at the UN-endorsed daily rate of 180 Haitian Gourdes — about US $4.50 — for six hours of work.

Rosemarie and her family urgently need food and improved shelter but, when asked what her household would do with their first cash-for-work payment, Rosemarie immediately replied, “We'll start back my old trading business. We need to get back on our feet you know!”

Categories: Breaking News

Ushahidi - Africa’s Gift to Silicon Valley: How to Track a Crisis

A small Kenyan-born Web site is bringing crowdsourcing to disaster relief and other humanitarian causes.

Categories: Breaking News

Rush for Patents May Hinder Transfer of New Climate-related Technologies

Policy Innovations - Fri, 03/12/2010 - 14:35
Mitigating overly rigorous intellectual property rights lies at the core of any meaningful international mechanism for facilitating sustainable technology transfer to developing countries.
Categories: Breaking News

Time for Next Stage of Sustainable Business

Reuters (Green Business) - Fri, 03/12/2010 - 13:12
Corporate America needs to track its use of energy and resources as closely as it does its hiring and cash flow if it wants to keep pace with social concern about climate change and other sustainability issues, an investor group argues in a new report.
Categories: Breaking News

China’s Consumer Prices Rose 2.7% in February

Analysts said the economy was not overheating and that interest rates would probably increase to keep inflation in check.
Categories: Breaking News

IRAQ: Welcome move to upgrade Baghdad slums

IRIN News (Urban) - Fri, 03/12/2010 - 06:44
BAGHDAD Thursday, July 30, 2009 (IRIN) - Slum dwellers and local NGOs have welcomed the partnership between the government and the UN Human Settlements Programme (UN-HABITAT) to improve service delivery, reduce poverty and create employment in slums.
Categories: Breaking News

GLOBAL: Urban poor and hungry burgeoning unnoticed

IRIN News (Urban) - Fri, 03/12/2010 - 06:44
JOHANNESBURG Monday, July 13, 2009 (IRIN) - The number of poor and food-insecure people in developing countries is increasing more quickly in urban areas than in rural areas, and could be dropping off the policy radar, says new research by the US Department of Agriculture (USDA).

Egypt to secure $430 mln loan for wind farm: agency

Reuters (Green Business) - Fri, 03/12/2010 - 05:39
CAIRO (Reuters) - Egypt is set to secure a $430 million loan from Japan to fund a 220-megawatt wind farm as it tries to boost its renewable energy output, the state news agency MENA said on Friday.
Categories: Breaking News

Western U.S., Canada go own way on carbon trading

Reuters (Green Business) - Thu, 03/11/2010 - 16:18
SAN FRANCISCO (Reuters) - As U.S. prospects for a national climate change bill fade, five U.S. states and Canadian provinces are on track to start a cap-and-trade market for carbon dioxide in 2012, say officials who see fading federal momentum boosting regional efforts.
Categories: Breaking News

Economic Stimulus and Globalization

With few global trade barriers, fiscal stimulus measures paid for by taxpayers may boost another country's economy.
Categories: Breaking News

China’s Big Recycling Market Is Sagging

New York Times (World Business) - Thu, 03/12/2009 - 11:58
China’s export downturn means a lesser need for recycled waste from the U.S., and trash is piling up.

Categories: Breaking News

Stories We're Watching

'Quiet Corruption' Hurting Africa's Poor

San Francisco Chronicle - Mon, 03/15/2010 - 09:22
A World Bank report says teachers and other public servants who don't show up for work are fueling "quiet corruption" throughout Africa that is disproportionately hurting the continent's poor.

Industrial Output Up; Hopes For Factories Grow

NPR - Mon, 03/15/2010 - 08:45
Industrial production edged up 0.1 percent in February, beating expectations and marking the eighth straight monthly increase.

Cash For Work and Planning for the Future

Mercy Corps Blog - Sun, 03/14/2010 - 23:23
Two Mercy Corps workers talk with 62-year-old Rosemarie Joseph in her makeshift tent at the Lycée Jean-Marie Vincent displacement camp in Port-au-Prince.

Price Gap Spices Sugar Fight

Wall Street Journal - Tue, 03/16/2010 - 21:09
The battle over U.S. sugar quotas is flaring once more as the gap between domestic and much-lower global prices reaches its widest level in at least a decade.

Ushahidi - Africa’s Gift to Silicon Valley

International Herald Tribune - Sun, 03/14/2010 - 12:08
A small Kenyan-born Web site is bringing crowdsourcing to disaster relief and other humanitarian causes.

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