A new U.N. assessment says wars, energy shocks and shrinking aid push vulnerable economies deeper into debt.
Europe’s new age of conflict is colliding with a retreat from development aid, leaving poorer countries to absorb the economic shockwaves of crises largely driven by major powers.
In its midyear World Economic Situation and Prospects update on Tuesday, the U.N. Department of Economic and Social Affairs lowered its global growth forecast for 2026 to 2.5%, warning that the war in the Middle East, higher energy prices and financial volatility are hitting vulnerable economies hardest.
War-driven supply shock and Strait of Hormuz disruption force downward revisions even in best-case scenarios.
Georgieva says oil and gas disruptions drive inflation risks, could push millions into hunger even if a ceasefire holds.
Failure to extend the e-commerce moratorium underscores divisions over digital trade and the limits of consensus.
From cash limits to crypto rules and digital currencies, policymakers are trying to close gaps in payment systems.
WHO warns Bundibugyo outbreak may be significantly larger than detected as cases reach Kinshasa and Kampala.
European former leaders and health officials call for climate change to be treated as a security and public health crisis.
The initiative reflects Washington's emerging approach of stricter oversight with continued humanitarian financing.
France joined African leaders in calling for Security Council reform and more African representation in global institutions.
