The World of International Organizations
Multilateral cooperation underpins the world economy and trade. The Bank for International Settlements is the central bank of central banks. The World Bank and IMF were set up to rebuild postwar Europe and promote international cooperation. The United Nations maintains five regional economic commissions. The World Trade Organization deals with global rules of trade.
January 4, 2021
(AN) — Iran resumed enrichment of uranium to 20 percent on Monday in a move closer to weapons grade levels and further away from the 2015 nuclear deal, raising pressure on incoming U.S. President Joe Biden’s administration.
December 30, 2020
(AN) — The European Union on Wednesday moved to clinch a major business investment deal with China that has been seven years in the making, despite concerns from the United States and human rights organizations.
December 28, 2020
(AN) — A proposal by South Africa and India for the World Trade Organization to suspend IP protections of COVID-19 vaccines and treatments is set to die down this month, kicking the crucial issue over to 2021.
December 24, 2020
(AN) — Breaking what seemed an interminable Brexit deadlock, Britain reached a tentative free-trade deal on Thursday to lessen the chaos of its departure from the European Union, the world’s biggest trading bloc.
December 14, 2020
(AN) — Diplomats failed to meet an end-of-year deadline for a deal aimed at halting government subsidies that contribute to overfishing, several high-ranking World Trade Organization officials confirmed on Monday.
December 9, 2020
(AN) — A huge “gap” in unmet promises to cut carbon emissions puts the planet on track for average temperatures to rise “in excess of 3 degrees Celsius this century,” the U.N. Environment Program said on Wednesday.
November 23, 2020
(AN) — Atmospheric carbon dioxide levels reached a record high in 2019 and are expected to keep rising this year despite an economic slowdown due to the COVID-19 pandemic, the U.N. weather agency said on Monday.
November 15, 2020
(AN) — Fifteen Asia-Pacific nations including China signed a pact on Sunday to promote regional stability by creating the world’s biggest trading alliance, covering 30 percent of global GDP and a market of 2.2 billion people.
November 7, 2020
(AN) — Elected 46th president of the United States on Saturday, Democrat Joe Biden wasted no time signaling a rapid series of policy reversals to come starting with renewed multilateral efforts to combat the pandemic and global warming.
October 28, 2020
(AN) — The United States upended the World Trade Organization’s selection of its next director-general on Wednesday as the sole nation to back South Korea’s Yoo Myung-hee over Nigeria’s Ngozi Okonjo-Iweala.
