Inflation is down, but politics and conflicts dim economic outlook
IMF blames lackluster global economy on slowing growth, potential trade wars and regional conflicts.
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Summit clinches US$1 billion for U.N. health agency's funding gap
WHO says it needs US$11.1 billion for its core work over the next four years, but has only US$4 billion in projected income.
Second round of U.N. emergency cash provided for crisis hotspots
More than a third of the funds will support aid efforts for people in Yemen (US$20 million) and Ethiopia (US$15 million).
G-20 finance ministers agree higher taxes on super-rich are a priority
A proposed 2% minimum tax on billionaires will be taken up at Brazil's G-20 Leaders' Summit in November.
NATO's most powerful member tries to reassure rest of alliance and world
As summit host, Biden's administration projected unity for Ukraine and deflected concern about Trump.
NATO at 75 grapples with a 'constant threat of new types of attacks'
The Biden administration hosts a celebration for an expanding NATO's 75th anniversary amid political turmoil.
Hungary takes over E.U. Council, testing bloc's unity in shift to right
Hungary's presidency could be muted but still affect European integration and the ability to present a united front globally.
Zelenskyy pushes for air defense, energy grid repairs ahead of G-7
His diplomatic blitz comes as Ukraine reels from Russia's devastating aerial assault, which has intensified since March.
Far-right surge shakes European establishment but center holds
The E.U.'s rightward shift makes it harder to pass new laws on climate change, security, and industrial competition.
U.N. creates an international day marking 1995 Srebrenica genocide
The resolution sponsored by Germany and Rwanda reflects an effort to remember the lessons of 20th century genocides.
World Economic Forum founder Klaus Schwab to exit leadership role
WEF said that since 2015 it has been transforming from a 'convening platform' to a leader of public-private cooperation.
Wealthy nations to provide US$11B for World Bank-led global solutions
The wars in Europe and the Middle East, climate change and soaring national debts hung over the annual talks.
U.N. climate chief says next 2 years will be 'essential' to saving the planet
This year and next mark the countdown to a 2025 deadline for governments to strengthen their carbon-cutting plans.
Human Rights Council demands nations halt arms transfers to Israel
The U.N. body also demands Israel be held accountable for possible war crimes and crimes against humanity in Gaza.
NATO ally Poland urges Europe to come to grips with this 'pre-war era'
Polish Prime Minister Donald Tusk warns 'literally any scenario is possible' in Europe since Russia invaded Ukraine.
Uneven post-pandemic recovery widens gap between rich and poor
Europe dominates the top rankings as development in half of the world’s poorest nations falls below pre-pandemic levels.