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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Global demand for electricity is growing at a record pace, IEA says
A new report shows governments and consumers face tough choices over cheap supplies and surging electricity demand.
As the digital economy advances, its progress on climate goals suffers
Some 1.9% of electricity globally was consumed by 148 digital companies, including 10 big users in Asia and the U.S.
Mongolia sets aside ICC warrant to give Putin a red-carpet welcome
Landlocked between Russia and China, Mongolia depends on Russia to meet its energy needs and China to buy its exports.
On Geneva visit, diplomats tout international humanitarian law
As the U.N. honored the Geneva Conventions, the Red Cross chief said non-compliance is a 'serious problem.'
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.
Complex magnet system readied in experimental global fusion project
Multinational ITER fusion energy project took delivery of massive toroidal field coils from Japan and Europe.
U.N. panel demands Iran-backed Yemen rebels cease Red Sea attacks
The U.N. Security Council resolution condemned Houthi attacks in shipping lanes for a second time this year.
Five countries gain uncontested seats on U.N.'s most powerful panel
The U.N. General Assembly elected Denmark, Greece, Pakistan, Panama and Somalia to the Security Council.
Global public debt soars to record US$97 trillion, straining budgets
Developing nations' 30% share of global public debt in 2023, particularly in Asia and Oceania, rose from 16% in 2010.
U.S. accuses Russia of shipping fuel to North Korea above the U.N. limits
Russia is shipping refined petroleum to North Korea, which is supplying Russia with weapons against Ukraine, officials say.
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.
Russia forces disbandment of U.N. panel monitoring N. Korea sanctions
A Swiss-led U.N. Security Council committee will find it harder to deal with 'suspicions' of sanctions violations.