Search Results  for : "ECONOMY"

The International Monetary Fund (IMF) said it’s assessing the economic damage from the breaching of a dam in Ukraine, spokesperson Julie Kozack told reporters Thursday in Washington. IMF

Global growth has slowed sharply, and the risk of financial stress in emerging market and developing economies is intensifying amid elevated global interest rates, according to the World Bank’s latest Global Economic Prospects report. WORLD BANK

The ILO Director-General Gilbert Houngbo spoke on Monday at the opening of the International Labour Organization’s 111th International Labour Conference, which will run from 5-16 June. He urged that social justice be made a priority issue on the global agenda. ILO

Presenting the latest set of policy briefs on Our Common Agenda, Secretary-General Antonio Guterres said, “the international community needs to take urgent steps under current arrangements to relieve the burden on developing and emerging economies,” stressing that “beyond emergency measures, we need a structural response.” UNIFEED

The 21st session of the High-level Committee on South-South Cooperation opened on Tuesday to discuss issues like recovery from the pandemic, climate change and ongoing conflicts. UNIFEED

The IMF sees the US avoiding recession, but inflation remaining above the Federal Reserve Bank’s 2% target this year and next, Managing Director Kristalina Georgieva told reporters Thursday in Washington, DC. IMF

On World No Tobacco Day, the World Health Organization (WHO) urges governments to stop subsidizing tobacco farming and support more sustainable crops that could feed millions. WHO

In the first-ever report of its kind, the WHO Council on the Economics of Health for All has outlined a bold new path to reorient economies to deliver what matters - health for all. WHO

At the end of the G7 Summit in Hiroshima, Japan, the UN Secretary-General said his message to world leaders is “clear”, noting that “while the economic picture is uncertain everywhere, rich countries cannot ignore the fact that more than half the world – the vast majority of countries – are suffering through a deep financial crisis.” UNIC TOKYO

The Food and Agriculture Organization of the United Nations is providing high-quality seeds to smallholder farmers and agricultural assistance for rural communities in front-line regions of Ukraine to ensure they will not miss the spring planting season. FAO