STWR - Share The World's Resources

Remittances have become a lifeline for families in the developing world and there’s an effort underway to turn these payments into the foundation of a new grassroots development fund that bypasses the World Bank and IMF with their built-in agendas. It’s not as far-fetched as it might seem.

Too much aid to Afghanistan is wasted -- soaked up in contractors' profits, spent on expensive expatriate consultants or squandered on small-scale, quick-fix projects, a leading British charity said on Tuesday. Despite more than $15 billion of aid pumped into Afghanistan since U.S.-led and Afghan forces toppled the Taliban in 2001, many Afghans still suffer levels of poverty rarely seen outside sub-Saharan Africa.

Legal action worth almost £1bn by "vulture funds" against some of the world's poorest countries poses a threat to the debt cancellation deal agreed by the G8 at Gleneagles in 2005, the International Monetary Fund warned at the weekend.

A new study by the U.S.-based International Food Policy Research Institute (IFPRI) indicates that a vast majority of the world's poor will likely continue to suffer from hunger in the next eight years.

Current policies favor giant shipping companies and agribusinesses over the starving populations they are supposed to serve.

How many countries worldwide need debt cancellation? What would be the economic ramifications of debt relief on both the Global North and the Global South?

Critics of US food aid subsidies say they help cause obesity among Americans and starvation among Africans.