Asia is the fastest growing and most dynamic region of the world according to a recent IMF Report; “Recovery Unabated Amid Uncertainty”. 1
Asia and the Pacific will contribute around 70 percent of global growth this year
as expansion accelerates after Covid-19 supply chain disruptions, with ongoing geopolitical turmoil and war in Europe, as well as, various hybrid over the horizon cyber and kinetic attacks targeting Indian Ocean ports and shipping.
The latest synthesis report from the Intergovernmental Panel on Climate Change makes for grim reading: Every fraction of a degree of warming comes with escalated threats, from deadly heatwaves to severe hurricanes and droughts, affecting all economies and communities.
The world is in permanent crisis mode. In addition to the consequences of the COVID-19 pandemic and the triple planetary crisis of climate change, biodiversity loss and pollution, the war in Ukraine and other violent conflicts, a worldwide cost of living crisis and an intensified debt crisis in more and more countries of the global South are affecting large parts of humanity.
As many as 45 African countries –out of the Continent's 54 nations–, all of them grouped in what is known as Sub-Saharan Africa, have now been further squeezed to their bones, as funding shrinks to lowest ever levels, and as a portion of the so-called aid goes back to the pockets of rich donor countries.
As Yemen enters its ninth year of war, its people are facing a humanitarian crisis of horrifying proportions. In my role as Oxfam's Yemen Country Director, I have witnessed firsthand the effects of the humanitarian catastrophe, worsened by economic collapse and sharp increases in the cost of food and other essential commodities.
Poverty alleviation policies, especially cash transfers, will not only improve the poor condition of the beneficiaries but can also play a role in strengthening the psychological health of people as well as improve the mental health of those living in poverty in low- and middle-income countries (LMICS), including Africa, a new study has said.
At a high-level UN event, global donors pledged US$1.2 billion in aid operations to Yemen in 2023. Millions of Yemenis require humanitarian assistance as the country continues to suffer from the fallout of a prolonged civil war.
Digitalization is a key driver of competitiveness and development. As the world takes the path to unprecedented digital advancement, Asia continues to be a powerhouse of digital transformations in a wide range of areas from microchip manufacturing to electric vehicles, from digital currency to e-commerce.
Nearly 18 million people – about one-third of Myanmar’s population – need humanitarian aid this year because of civil war and the post-coup economic crisis, according to the latest United Nations estimates.
Almost over 33,000 people
have been killed and thousands injured by the 7.8 earthquake which struck south-eastern Turkey and Syria in the early hours on Monday, February 6th. The first images that came out were of collapsed buildings, rubble strewn across streets, people trapped under rubbles, screaming for help. What followed was the unusually strong aftershock - including one quake which was almost as large as the first.
Climate change is a global problem that requires a global solution. However, negotiating a solution has been challenging due to several factors. One of the main reasons that recent COP Climate summits and other international climate talks have not been able to resolve climate change is that there is a lack of consensus among countries on how to address the issue. Developed countries, which have historically been the largest emitters of greenhouse gases, are often unwilling to take on significant emissions reductions or to provide financial assistance to developing countries to help them adapt to the effects of climate change.
This week world leaders meet in Davos
to discuss cooperation to address multiple crises, from COVID-19 and escalating inflation to slowing economic growth, debt distress and climate shocks.
Day after day, international humanitarian organisations launch desperate appeals for funding to continue saving some of the many lives at high risk. When they get a handful of dollars –even just one million– from a rich country, they welcome it as manna from heaven.
The social crisis and humanitarian emergency in Venezuela became international headline news again once the government and the opposition, bitter adversaries for two decades, agreed to direct three billion dollars in state funds held abroad to social programs.
The latest annual climate conference has begun in the face of a worsening climate crisis and further retreats by rich nations following the energy crisis induced by NATO sanctions after the Russian invasion of Ukraine.
Copping out again
The 27th Conference of the Parties (COP 27) to the United Nations Framework Convention on Climate Change (UNFCCC) is now meeting
in Sharm-el-Sheikh, Egypt, from 6 to 18 November 2022.
The digital transformation of thousands of community health workers in Bangladesh has dramatically enhanced their work, while enabling the creation and tracking of a healthcare database covering 64 million people. The resulting model holds remarkable promise for the health of the world, especially in the context of evolving pandemics.
That’s why a new ship with a big white “E” will navigate the Mediterranean Sea. The vessel has a red hull, is more than fifty meters long and has low decks. Soon, it will leave the port of Genoa and go out into the open sea. If those living on the north shore of that ‘water cemetery’ bearing the name of Mediterranean had chosen life, the "Life Support" would not have been greeted by the applause of a people packed square, on a late summer night, in the Italian city of Reggio Emilia. It would not be ready to sail now; . if they had chosen life, that ship would have another job.
Developing low- and middle-income economies are taking hard hits from global economic developments outside their control. Monetary tightening in advanced economies coupled with increasing fears of a global recession have weakened currencies, sent interest rates soaring, and investors fleeing.
Child marriage continues to be a scourge in many African countries – despite legislation and efforts of many, including parliamentarians, to keep girls in school and create brighter futures for them. This was the view of participants in a recent webinar held under the auspices of the African Parliamentary Forum on Population and Development (FPA) and UNFPA East and Southern Africa Regional Office (ESARO).
As world leaders gather in New York for the opening of the 77th session of the United Nations General Assembly this week, the security horizon is undoubtedly dark.