
Singaporean chosen as next WIPO director
WIPO's top governing body appointed Daren Tang, a lawyer from Singapore, to serve as its next chief in a contest reflecting U.S.-China tensions.
Our coverage of the U.N.'s 17 'Global Goals' for ending poverty, protecting the planet and ensuring that by 2030 everyone is able to enjoy peace and prosperity.
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WIPO's top governing body appointed Daren Tang, a lawyer from Singapore, to serve as its next chief in a contest reflecting U.S.-China tensions.
The global economy will likely suffer the worst financial crisis since the Great Depression due to pandemic disruptions and shutdowns, IMF forecast.
An upsurge in domestic violence has been reported in all regions as many people grapple with stay-at-home orders.
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The World Trade Organization's services trade barometer shows a further decline from last September.
Trade economists who advise the U.N. said COVID-19 could push nations into recession and depress global annual growth.
The global coronavirus outbreak likely caused a $50 billion decline in manufacturing exports from China in February alone.
G-7 finance chiefs vowed to safeguard their economies from the coronavirus outbreak, but did not offer specifics about what they might be prepared to do.
Britain and France recommitted to the Iran nuclear deal despite the U.S. undermining it and Europeans triggering a process that may reimpose sanctions.
The global economy slowed to a 2.3% growth rate last year, its lowest of the decade, from rising trade tensions and slowing investment, UNCTAD said.
The World Bank's benchmark bond was set at its tightest spread to U.S. treasuries in the organization's history.
Developing nations ran up $55 trillion of debt in 2018 as part of an eight-year debt surge that is the largest in a half-century, the World Bank said.
The global commerce system suffered a serious blow when WTO's appellate body was brought to a halt by U.S. opposition to refilling judges on its bench.
Inequalities in education, health and living standards caused a 20% loss in global progress towards aspects of needed "human development" last year.
Britain, France and Germany demanded that Iran remain in the fraying 2015 nuclear deal, but did not press to reactivate U.N. sanctions against Iran.
Ahead of its Davos meeting, the World Economic Forum released a mission statement for 21st century businesses to elevate the importance of doing good.