The World of International Organizations

Africa’s mobile money risks alarm Interpol

A highway ad for mobile banking above a police checkpoint in Malawi (AN/Lars Ploughmann)

(AN) — The world’s largest international police organization warned on Monday that organized crime groups have infiltrated Africa’s burgeoning billion-dollar mobile money industry as a platform for human trafficking, money laundering and the global drug trade.

Global tourism may lose US$3.3 trillion

Tourists visit London's Trafalgar Square in pre-COVID-19 pandemic days (AN/John Heilprin)

(AN) — The global coronavirus outbreak could cause as much as US$3.3 trillion in losses to the global tourism industry if the pandemic lasts a year, the U.N. Conference on Trade and Development reported on Wednesday.

IMF forecasts 4.9% drop in world economy

A nearly empty terminal at Newark Liberty International Airport in the U.S. in April (AN/John Heilprin)

(AN) — The International Monetary Fund estimated a 4.9 percent drop in global GDP for 2020 on Wednesday, sharply revising its earlier prediction of a 3 percent drop from the devastating impacts of the coronavirus pandemic.

U.N. forecasts foreign investments plunge

A Danish logistics firm trucking wooden containers in Europe (AN/Lav Ulv)

(AN) — New business investment across borders will likely drop by up to 40 percent this year and 10 percent in 2021 from the pandemic, the U.N. Conference on Trade and Development reported on Tuesday.

Trump postpones ‘outdated’ G-7 summit

A G-7 working lunch on Inequality hosted at Biarritz, France in 2019 (AN/Shealah Craighead)

(AN) — U.S. President Donald Trump told reporters he will delay the annual G-7 summit until fall, after German Chancellor Angela Merkel declined an invitation to travel to Washington in late June due to the COVID-19 pandemic.

U.N. climate summit delayed until 2021

Youth climate campaigners with the Fridays for Future movement at the 2019 U.N. climate summit in Madrid (AN/John Englart)

(AN) — The United Nations’ annual climate summit planned for November will be postponed for a year due to the coronavirus pandemic, the two co-hosts, Britain and Italy, and the world body announced on Thursday.

ILO warns of high job losses among youth

Young workers wheeling goods through Cairo's streets (AN/Francisco Anzola)

(AN) — At least one of every six young workers has been idled during the COVID-19 pandemic and their long-term unemployment could create a “lockdown generation,” the U.N. labor agency warned on Wednesday.

E.U. leaders pitch huge recovery package

European Commission President Ursula von der Leyen (AN/CC-BY-4.0: © European Union 2020 – Source: EP)

(AN) — European Union leaders unveiled a €750 billion coronavirus recovery plan on Wednesday that would help its continental members navigate the prospect of its deepest recession in more than a quarter-century.

Officials say Olympic safety will not be easy

Pedestrians reflected in Tokyo ads for the Summer Olympic and Paralympic Games (AN/Masaru Kamikura)

(AN) — The heads of the International Olympic Committee and World Health Organization acknowledged on Saturday the COVID-19 pandemic makes next year’s Tokyo Summer Olympics and Paralympics unpredictable.

The world of international organizations.

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