
U.N. report forecasts 3.2% economic drop
The world economy is projected to shrink by 3.2% in 2020 — its biggest contraction since the 1930s Great Depression — due to the pandemic.
Already have an account? Log in
The world economy is projected to shrink by 3.2% in 2020 — its biggest contraction since the 1930s Great Depression — due to the pandemic.
In just 12 days the world added a million confirmed COVID-19 cases, pushing the total to more than 4 million led by a surge in the United States.
The U.S. blocked a U.N. Security Council vote to end global hostilities amid a pandemic — the same day diplomats emphasized lessons from World War II.
The U.N. more than tripled its humanitarian aid appeal to US$6.7 billion, up from US$2 billion, for vulnerable countries.
Global CO2 emissions are on track to decline by almost 8% this year from the pandemic causing the biggest downturn in energy use since World War II.
Humanitarian organizations offered guidelines to help 1.5 billion students who face "an unprecedented risk" if the pandemic keeps schools closed for long.
Some good can come out from the pandemic if world leaders use it to "rebuild our world for the better" by investing in clean energy, the U.N. chief said.
Global confirmed cases of COVID-19 passed 3 million as New Zealand, several European nations and a few U.S. states took steps to ease lockdowns.
The U.N. human rights chief warned some governments are abusing emergency powers to fight the pandemic by resorting to police brutality and other tactics.
China raised its donations for the WHO's pandemic efforts to US$50 million a week after U.S. President Donald Trump halted the U.N. agency's U.S. funding.
The U.N. General Assembly urged all nations to join in ensuring universal access to medical supplies, drugs, future vaccines and testing for the pandemic.
Governments could use energy transformations to create jobs, meet climate targets and produce GDP gains of US$98 trillion by 2050, according to a new report.
It took more than three months for global coronavirus infections to surpass the 1 million mark, and just over two weeks more to add another 1 million cases.
World leaders and public health authorities denounced U.S. President Donald Trump's decision to halt funding for the World Health Organization.
The global economy will likely suffer the worst financial crisis since the Great Depression due to pandemic disruptions and shutdowns, IMF forecast.
Disinformation and misinformation about the COVID-19 pandemic pose a 'grave danger' to people around the world.