A year of firsts for Somalia's U.N.-backed all-women media team
Bilan is marking its first anniversary with a look back at what U.N. Development Program calls "a year of smashing taboos and shining a light on stories other media have long ignored."
Sustainable Development Goals
Many businesses, governments and organizations are committed to sustainable goals like reducing their environmental footprints and conserving resources. Sustainable finance includes environmental, social and governance considerations in investment decisions. In 2015, the U.N.'s 193 member nations adopted the 17 Sustainable Development Goals for 2030. Despite some progress, the U.N. says 83% of the agenda is off-track from the pandemic, climate change, biodiversity loss, pollution, and conflict.
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Slower trade growth projected in 2023 mainly due to war in Ukraine
The World Trade Organization expects trade growth to slow to 1.7% this year because of Russia's war in Ukraine, high inflation, tight monetary policy and market uncertainty.
'Multiple challenges' undermine A.U.'s flagship peace plan for 2030
As the continent faces a raft of complications, the African Union's ambitious goal of tackling structural root causes and drivers of conflict for sustainable development is in doubt.
Nations back ambitious clean water and sanitation goals this decade
The voluntary commitments that came from the conference – the first such gathering since a U.N. water conference in Argentina in 1977 – fall far short of a legally binding agreement like the 2015 Paris Agreement for climate change.
Swiss devise US$3.25B deal for UBS to aquire 'too big to fail' Credit Suisse
The Financial Stability Board designated Switzerland's two biggest banks as so huge and critical to the world's global financial architecture that they must not be allowed to fail.
Study says bottled water industry undercuts safe drinking water for all
It finds the expanding bottled water industry – expected to grow to US$500 billion a year in sales by 2030 – isn't aligned with the U.N.'s 17 Sustainable Development Goals for 2030.
Researchers find 1.77B children worldwide lack basic safety net
The number of children without basic social protections is increasing worldwide, UNICEF and ILO say in a new study.
Biden picks former Mastercard CEO to replace the World Bank's leader
As the largest shareholder in the World Bank, the United States traditionally nominates candidates for a five-year term as president. They are vetted by the bank’s executive board.
African nations pay 'extortionate' interest rates on debt, U.N. chief says
Women and girls still don't get the support they need, U.N. Secretary-General António Guterres said, and African nations cannot develop with "one hand tied behind their backs."
WEF: Biggest risk to economy is cost-of-living crisis and social unrest
It's little wonder the World Economic Forum's latest report, based on the insights of more than 1,200 experts, finds the biggest short-term risk to the world economy is today's globalized cost-of-living crisis and widespread social unrest.
Halfway to 2030, the Sustainable Development Goals need a rescue
The United Nations and its allies aren't giving up on efforts to clinch at least some of the 17 anti-poverty Global Goals for 2030 that have been set back by the COVID-19 pandemic, war in Ukraine, and other major crises.
APEC leaders condemn Russian war in Ukraine, global economic impacts
Recovering from the nearly three-year COVID-19 pandemic is a priority for the organization along with dealing with climate change, food shortages and inflation.
There are now 8 billion people sharing the planet. The next billion is projected to take another 15 years.
It only took a dozen years to add another billion people to the planet and reach what the U.N. called the "Day of 8 Billion."
World bankers meet amid global inflation and recession threats
With leadership under fire and a mix of crises, finance ministers and central bankers held World Bank meetings.
U.N. warns world 'on edge of recession'
The world is on the brink of recession, UNCTAD said in projecting growth slowing to 2.2% in 2023 with cascading crises of debt, health and climate.
War in Ukraine accelerates poverty and starvation
Skyrocketing food and energy prices caused by Russia's invasion of Ukraine pushed 71 million more people into extreme poverty, UNDP reported.