As interest rates soar and the economy slows, the World Bank sees an 'enduring setback' for developing economies due to high interest rates, war in Europe and the pandemic.
WASHINGTON (AN) — For the poorest of the poor, things are about to get even worse before they get better.
Already under the hammer of the pandemic, climate change, escalating commodity and energy costs, food insecurity, ballooning interest payments and, in many places, civil unrest, the state of the global economy offers only more bleak news for the developing world, according to the World Bank’s latest update.
The chair of the talks called for optimism despite divisions among plastic-producing nations and those urging restraints.
The wars in Europe and the Middle East, climate change and soaring national debts hung over the annual talks.
A new U.N. report shows how prioritizing debt over services like health care and education plagues the developing world.
Just 22.3% of all the e-waste - any product that has a plug or battery - was properly collected and recycled in 2022.
Fourteen cases remain under investigation by U.N. investigators, who have met with authorities in Israel.
The chair of the talks called for optimism despite divisions among plastic-producing nations and those urging restraints.
The number of people facing high levels of acute food insecurity has increased every year since 2019.
The group of organizations that reviewed the U.N. agency recommends several ways of strengthening its neutrality.
