"ECONOMIC CONDITIONS"

Amid global conflict, economic uncertainty, General Assembly adopts text highlighting transformative power of sport to achieve peace, sustainable development.

UN Special Envoy for Syria Geir Pedersen told the Security Council, “I have warned of the dangers of military escalation in Syria. I am here in person today to tell you that escalatory dynamics are taking place, and this is worrying and dangerous.” UNIFEED

Briefing journalists today in New York, Michael Fakhri, Special Rapporteur on the Right to Food, said, “in the last two years, there's been a global consensus that everyone must transform their system, and the food crisis is only getting worse.” UNIFEED

In a wide-ranging interview with IMF, President of the European Central Bank Christine Lagarde highlighted tackling inflation as the key challenge over the coming months. IMF

As the global economy is suffering turbulent times, the IMF has warned Governments that they must reduce budget deficits incurred during the pandemic. The warning comes as energy and food prices soar, causing extreme poverty worldwide. IMF

The IMF is warning of a period of ‘extreme volatility’ in financial markets in the latest Global Financial Stability Report released Tuesday (October 11) in Washington, D.C. IMF

Stronger United Nations-African Union partnership vital to tackle increasing terrorism, governance gaps, humanitarian plight in Africa, speakers tell Security Council.

The outlook for global growth has grown “gloomy and more uncertain,” the IMF’s chief economist Pierre-Olivier Gourinchas warned in Washington, DC. IMF

The IMF announced on Tuesday that a 3.2 precent revised downward forecast to global growth in 2022 and 2.9 percent in 2023. IMF

Progress on Libya’s road map for elections hindered by lack of consensus, dire economic conditions, demonstrations, senior official tells Security Council.