When history repeats itself, the first time is a tragedy; the next is a farce. If we fail to learn from past financial crises, we risk making avoidable errors, often with irreversible, even tragic consequences.
The rapid growth of digitalization has fundamentally altered commerce, impacting production and facilitating the movement of goods. The
2023 Asia-Pacific Trade and Investment Report (APTIR), has pointed out that although digital trade revenues of Asia and the Pacific account for a significant share of global trade, this growth is uneven, with trade concentrated in a few areas, leading to disparities across the region.
Tropical Storm Debby has resulted in
record-setting rain and flooding events across several States, including Florida, South Carolina,
North Carolina and parts of Georgia and left a trail of damage including leaving
Florida crops flooded.
This year’s
Equator Prize winners are the antidote we need in a world of crisis. Earlier this year, the World Economic Forum released its annual Risk Report. The key findings highlighted the inescapable trend over the past decade that we are facing a global polycrisis, in which problems of biodiversity loss, climate change, inequality, water scarcity and conflict are increasingly indivisible, simultaneous, and systemic.
A new UN Cybercrime Treaty, which is expected to be adopted by the UN General Assembly later this year, is being denounced by over 100 human rights activists and civil society organizations (CSOs) as a potential tool for government repression.
The treaty is expected to be adopted by a UN Ad Hoc Committee later this week and move to the 193-member General Assembly for final approval.
From 11-year-old Chinese skateboarder Zheng Haohao to 16-year-old American gymnast Hezly Rivera,
several children have reached the pinnacle of world sport at the Paris 2024 Olympic Games.
The International Seabed Authority (ISA) Assembly meeting concluded last week with no mining authorized, an unprecedented number of States calling for a moratorium or precautionary pause and a new Secretary-General elected.
Iceland’s gender bond last month caused great excitement in the capital markets community. While gender bonds have been increasing in popularity within the private sector, Iceland is the first country to issue a sovereign gender bond. Many in the development community are however asking, are gender bonds the solution to financing for gender equality?
We are living in a world of multiple crises of inequality, climate breakdown and conflict. Billions of people globally are facing huge hardship. Whole governments, too, are virtually bankrupt,
with extremely high debt levels forcing them to implement brutal and deeply unpopular cuts and tax rises for ordinary people.
3.3 billion people live in countries that spend more on debt interest payments than on either education or health.
Preparations are ongoing for the upcoming
Summit of the Future, probably the most consequential initiative of UN Secretary General Antonio Guterres so far.
Campaigners and experts have demanded a breakthrough HIV intervention hailed as “the closest thing to an HIV vaccine” must be made available as soon and as cheaply as possible to all who need it as its manufacturer faces protests over its pricing.
Activists led a massive protest during the 25th International AIDS Conference (AIDS2024) in Munich last week as a study was presented showing lenacapavir—a drug currently sold by pharmaceutical firm Gilead for more than USD 40,000 per year as an HIV treatment—could be sold for USD 40 per year as a form of pre-exposure prophylaxis (PrEP) to help prevent HIV infection.
The upcoming 79th anniversary of the atomic bombings of Hiroshima and Nagasaki, which took place on August 6 and 9, 1945, remains a grim reminder of the destructive consequences of nuclear weapons.
The US bombings killed an estimated 90,000 to 210,000, with roughly half of the deaths occurring on the first day in Hiroshima.
Jay Mulucha, Executive Director of FEM Alliance Uganda, gave an impassioned plea to governments around the world to push lawmakers in his home country to reverse punitive new legislation criminalizing the LGBT+ community.
Global warming, widely believed to be a universal crisis, will actually impact girls and women far more than boys and men. It is already known that we live in a patriarchal world, one in which men are afforded far greater opportunities for success while women generally hold less societal power and have access to fewer resources. This especially pertains to developing countries in which agriculture related work, usually delegated to females, depends on a variety of environmental factors and subsequently, significantly hurts their livelihoods.
Within the Democratic field, no potential candidate for president is better-positioned, at this juncture, to defeat Trump more skillfully and pointedly than Kamala Harris. She is writing a new chapter in American history that will chart a new national course impacting future generations.
“The world must rise to the challenge of rising temperatures," says the UN Secretary-General as he launches a call to action on extreme heat and its impact on society and the environment.
Around the world countries are taking powerful steps to protect people’s rights, dignity, and health. Dominica and Namibia became the most recent to decriminalize same-sex relations. South Africa made strides towards decriminalizing sex work.
Habits can change extremely fast, particularly within so-called “developed” nations, where children, even more than grownups are affected by life changing events. Gone are the times when kids could move around freely and invent games and adventures together with their friends. Far away from the scrutinizing control of parents and authorities they learned to interact with other kids, taking risks and solving problems. It could be tough and often quite merciless times, but educative, beneficent, and fun as well.
Several Asia-Pacific countries are ageing fast. This transition is neither unique nor limited to the region -- it is a global megatrend. However, this time it is different. Why? Because ageing proceeds quite fast.
Many low-income countries (LICs) continue to slip further behind the rest of the world. Meanwhile, people in extreme poverty have been increasing again after decades of decline.