The heads of the IMF and World Bank warn the world economy is slowing down and edging closer to recession Read Full Article at RT.com
The door for a diplomatic solution to end the fighting between Russia and Ukraine must be kept open, and any threat to use nuclear weapons, “universally condemned”, said the President of the UN General Assembly on Monday.
WASHINGTON DC, Oct 10 (IPS) - As we approach 2030, the Sustainable Development Goals look harder than ever to achieve. Shocks to the global economy caused by climate change, COVID-19, and conflict threaten humanity's survival. For the most vulnerable, trends are moving in the wrong direction with an additional 75 to 95 million people now living in extreme poverty compared to pre-pandemic World Bank projections. By the end of this year more than 657 million people will still be living in extreme poverty substantially more than in 2018.
Read the full story, “How to Get on Track to Eradicate Extreme Poverty”, on globalissues.org →
SYDNEY and KUALA LUMPUR, Oct 10 (IPS) - The dogmatic obsession with and focus on fighting inflation in rich countries are pushing the world economy into recession, with many dire consequences, especially for poorer countries. This phobia is due to myths shared by most central bankers.
Read the full story, “Central Bank Myths Drag down World Economy”, on globalissues.org →
APIA, Samoa, Oct 10 (IPS) - With 147 million children around the world missing half of their in-person instruction over the last two years and around 24 million never returning to school, humanity is experiencing a deep learning crisis.
In marking the 10th anniversary of the International Day of the Girl Child on Tuesday, the UN chief called the commemoration a celebration of the “lives and achievements of girls across the world”.
For her political courage, compassion and decisive action in protecting people forced to flee, the head of the UN refugee agency, UNHCR, presented the former Chancellor of Germany with the prestigious Nansen Award, on Monday.
Heatwaves already kill thousands of people every year and they risk overwhelming the world’s aid response, unless action is taken to mitigate climate change, the UN’s emergency relief chief said on Monday.