In a growing divide, advanced economies, which often export high-value, low-volume goods, were better positioned.
GENEVA (AN) — Global trade is being reshaped by a new and systemic force: policy unpredictability.
A new report from U.N. Trade and Development on Tuesday warns this uncertainty is acting as a "new tariff," driving up costs for businesses and disproportionately harming developing nations.
The agreement also includes robust transparency requirements and a dedicated committee on compliance.
A new UPU report found the industry's growth has lagged by 71% behind the global economy over the past two decades.
Nations and organizations are watching to see if the legal foundation for the administration's trade deals will hold.
The twin moves reflect an attempt to navigate intense competition between the U.S., China, and the E.U.
The U.N. chief called for an immediate end to fighting as world leaders prepare for an annual high-level gathering.
A global treaty that took almost two decades to create will become law early next year, enabling conservation areas.
Waltz's confirmation, delayed for months, comes as the U.N. General Assembly convenes for its annual high-level meeting.
Other nations are leveraging this opportunity to reshape global cooperation, with the shift particularly evident on Gaza.
