A new UPU report found the industry's growth has lagged by 71% behind the global economy over the past two decades.
The Universal Postal Union, the U.N. agency that coordinates international mail services, opened its quadrennial congress under a cloud of economic disruption and uncertainty.
The organization’s director general, Masahiko Metoki, acknowledged the pivotal moment on Monday as new data showed a significant decline in the sector’s growth, a trend compounded by recent U.S. regulatory changes that have led to a near-total halt of international mail to the nation.
The agreement also includes robust transparency requirements and a dedicated committee on compliance.
Nations and organizations are watching to see if the legal foundation for the administration's trade deals will hold.
In a growing divide, advanced economies, which often export high-value, low-volume goods, were better positioned.
The twin moves reflect an attempt to navigate intense competition between the U.S., China, and the E.U.
The snapback mechanism formally terminates the deal aimed at preventing Tehran from developing nuclear weapons.
Escalating attacks pose an 'unacceptable level of risk' for medical workers as Israeli tanks advance near health facilities.
Among the cuts: USAID, $3.2 billion; international organizations, $521 million; democracy fund, $322 million.
To counter these threats, the U.N. formed an independent scientific panel to report on the effects of a nuclear war.
