UK urged to shield poorest nations from vulture funds
#DebtJustice #GlobalSouthUK must act to stop vulture funds suing poorest nations under English law, says MP Bambos Charalambous. Legislation could cap creditor claims and protect debt-stricken countries at no cost to taxpayers, addressing a worsening crisis. read more
Iran War Fallout Cripples Global South Daily Life
#GlobalSouth #WarImpactThe war in Iran disrupts global south economies via oil, food, and remittance blockades. Egypt enforces energy curfews, Kenya faces fuel panic, and Thailand conserves power. Food insecurity looms as fertilizer shortages hit rice farmers in Vietnam and the Philippines. read more
EU Criticized for Lack of Global Engagement Amid Middle East Tensions
#EU #GlobalSouthUrsula von der Leyen, president of the European Commission, participated in the Global Citizen Festival in New York on September 28, 2024. The EU faces criticism for its limited involvement in preventing escalating conflicts in the Middle East, despite holding influential diplomatic positions. read more