Global economic growth improves but ‘downsides’ lurk
The world economy is forecast to grow by 2.7 per cent in 2024, up from 2.4 per cent projected at the start of the year. Growth will reach 2.8 per…
5 ways to accelerate women’s economic empowerment
“This year’s theme – invest in women – reminds us that ending the patriarchy requires money on the table,” UN Secretary-General António Guterres said in a statement for the International…
Gaza economic recovery could take decades: UN report
The preliminary assessment of the social and economic impacts of the conflict examines Gross Domestic Product (GDP) loss, recovery timelines and the enduring effects on poverty and household expenditure. It…
Women’s rights key for Afghanistan’s economic recovery
The report paints a bleak picture of socio-economic conditions since the Taliban returned to power in August 2021, with the erosion of women’s rights and a banking system near collapse,…
Flagship economic report highlights why global cooperation is key
The flagship forecast launched in New York on Thursday indicates that last year’s stronger-than-expected GDP growth coming out of the COVID-19 pandemic masked short-term risks and structural vulnerabilities in the…
Economic shock in middle age may increase dementia risk, study finds
Beijing: A financial blow, such as losing a job or losing a savings account in middle age, can increase the risk of dementia, a study has found. A study conducted…
Syria: Urgent response needed to uptick in fighting, economic crisis
In its latest report, the UN Human Rights Council (OHCHR) body found that attacks on civilians, escalating fighting, economic decline and human rights violations persist, despite the country’s re-admission to…
In the worst economic crisis in Argentina, people started looting because of inflation
Citizens stormed a grocery store in Argentina, leaving food and drink strewn on the street. The worst economic crisis continues in the country of South America, Argentina, because of inflation,…
New Economic and Social Council leadership takes the helm
The 54-member body, which is one of the six main pillars of the UN system, elected Paula Narváez Ojeda of Chile to the top seat. It also elected as Vice-Presidents,…
America will continue its unwavering support for Pakistan’s economic success
Pakistan and IMF welcome progress on staff-level agreement, US State Department: Photo: File Washington: America says that it will continue its unwavering support for Pakistan’s economic success. In a media…