UPU drama over Trump challenge affects U.S. voting and opioids
Delegates will consider what to do in the face of the announcement last year by U.S. President Donald Trump’s administration to withdraw his nation's participation.
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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IMF predicts hit to global GDP from tariffs
The IMF said tariffs imposed or threatened by the U.S. and China could reduce global economic output by 0.8% in 2020 and cause more losses later.
Norwegian diplomat to lead U.N.'s top economic and social forum
Mona Juul, Norway U.N. ambassador, won election as president of the 54-nation U.N. Economic and Social Council.
Central bankers worried about the risks of trade wars and cheap money
The global bank for central banks said U.S. and European stimulus measures won't provide "sustainable momentum."
U.N. panel seeks to close 'digital divide' between rich and poor
The panel finds big digital risks from business exploitation, inadequate regulation and socioeconomic disparity.
G-20 major economies focus on U.S.-China trade war and tax loopholes
Finance leaders from the world's 20 biggest economies projected moderate global growth and recovery later this year and into 2020, but warned of risks from a prolonged trade war.
Queen reminds Trump of the importance of multilateral virtues
At a carefully staged visit, the British monarch touting the multilateral institutions that Britain and the U.S. helped to create after World War II — to prevent a third one.
E.U. publishes its plan for stronger global e-commerce safety rules
Businesses and consumers are subject to "a patchwork of rules" from bilateral and regional trade agreements.
China tries to ease debt trap worries about its 'Belt and Road' program
Despite fears about being weighed down with too much debt, developing nations embraced the infusion of Chinese cash.
Ivanka Trump says she declined chance at World Bank presidency
The president's eldest daughter said in an interview that her father had asked her if she would be interested in the job.
New e-data shipping rules come online to standardize public data
The International Maritime Organization requires industry upgrades and streamlining electronic information exchanges.
Former Trump economic adviser begins World Bank presidency
David Malpass now oversees one of the most important international organizations set up after World War II.
Who will be the winner of the U.S.-China trade war winner? Neither.
The biggest beneficiaries are likely to be the E.U., Mexico, Japan, Canada, South Korea, India, Australia and Brazil.
IMF forecasts a modest slowdown in the global growth rate to 3.5%
That updated forecast is down from the 3.7% growth rate from last year that had been expected to continue in 2019.
IMF is wary of governments piling up unsustainable levels of debt
The global financial institution has acknowledged difficulties in assessing the problem among developing nations.
World Bank's turnover at the top tests the politics of international aid
Not surprisingly, the patterns of American and European leadership have been an affront to non-Western nations.