The World Trade Organization expects trade growth to slow to 1.7% this year because of Russia's war in Ukraine, high inflation, tight monetary policy and market uncertainty.
GENEVA (AN) — Global trade growth in 2023 is expected to slow to a "subpar" 1.7% despite a slight upgrade to GDP projections since last fall, WTO economists said.
The updated forecast released Wednesday would represent a significant decline from the 2.7% growth rate in 2022, but is up from WTO's October estimate of 1%.
A new U.N. report shows how prioritizing debt over services like health care and education plagues the developing world.
Just 22.3% of all the e-waste - any product that has a plug or battery - was properly collected and recycled in 2022.
Europe dominates the top rankings as development in half of the world’s poorest nations falls below pre-pandemic levels.
From fishing subsidies to agricultural reforms, the World Trade Organization failed to reach common ground.
The humanitarian nightmare and attacks on civilians in Gaza dominated the U.N. Security Council's quarterly open debate.
Climate scientists have warned for decades about bleaching of coral reefs, which are nurseries for commercial fisheries.
This year and next mark the countdown to a 2025 deadline for governments to strengthen their carbon-cutting plans.
A new U.N. report shows how prioritizing debt over services like health care and education plagues the developing world.
