The Bank for International Settlements' general manager said the key policy challenge remains fully taming inflation.
The Bank for International Settlements cautioned the final stretch toward global financial stability will depend on taming inflation, and it will be painful.
In its annual economic report on Sunday, the Basel, Switzerland-based BIS noted the global economy has reached a "critical and perilous juncture" as central banks tighten monetary policy to bring inflation back under control.
A proposed 2% minimum tax on billionaires will be taken up at Brazil's G-20 Leaders' Summit in November.
The effects of climate change hit hard from the bombed streets of Gaza to the glitzy venues of the Paris Olympics.
The U.N.'s annual report card shows the Sustainable Development Goals improved from 85% off track last year.
Developing nations' 30% share of global public debt in 2023, particularly in Asia and Oceania, rose from 16% in 2010.
The Court of Justice of the European Union's rulings in two landmark cases will cost the tech giants billions of euros.
People's health, nature and farmland all suffer from the spiraling negative impacts, says the U.N. health agency
Landlocked between Russia and China, Mongolia depends on Russia to meet its energy needs and China to buy its exports.
The guidance comes weeks before the U.N. General Assembly takes up the issue of AMR at its high-level meeting this month.
