World Trade Is on Track to Hit a Record USD33 Trillion In 2024

By Jaya Ramachandran GENEVA | 5 December 2024 (IDN) — Global trade is poised to hit an all-time high of nearly $33 trillion in 2024. This marks a growth of 3.3% or $1 trillion increase driven by a 7% rise in trade in services, according to the latest Global Trade Update by UN Trade and […]

Cuts in Education, Health and Social Protection Trigger Rise in Economic Inequalities

By Rodney Reynolds NEW YORK | 21 October 2024 (IDN) — A new global index reveals that nine out of ten countries worldwide are pursuing policies that are likely to increase levels of economic inequality. Education and health cuts by nearly every country under World Bank and International Monetary Fund (IMF) programs are being described as “dispiriting, dangerous, […]

Informal Summit of The Future: International Youth Conference

By Bisma Qamar* NEW YORK | 19 October 2024 (IDN) — The summit of the future was held during the General Assembly session last month with the theme of multilateral solutions for a better future. One of the prominent chapters which was highlighted was youth and future generations. Following the summit, the 10th edition of […]

Migration Can Be a Catalyst for Africa’s Sustainable Development

By Busani Bafana ADDIS ABABA, Ethiopia | 12 October 2024, (IDN) — Migration can be a catalyst for Africa’s sustainable development, a review meeting held in Addis Ababa, Ethiopia has heard. The meeting underscored the potential for migration to drive sustainable development through harnessing the skills and investments of migrants. Speaking at opening of the […]

UN Report Cautiously Optimistic About Global Economic Outlook

By Rodney Reynolds NEW YORK | 16 May 2024 (IDN) — A United Nations report expects a sustained rebound in tourism to improve the economic prospects for small island developing States (SIDS), leading to GDP growth from 2.4 per cent in 2023 to 3.3 per cent in 2024. However, SIDS remain vulnerable to spikes in […]

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