IMF lowers global economic growth outlook as ‘fog thickens’

IMF lowers global economic growth outlook as ‘fog thickens’

Global inflation is also heading down, signalling that the tightening of monetary policy through major interest rate rises is bearing fruit, though more slowly than initially anticipated, said the IMF’s Director of Research, from 8.7 percent last year to seven percent this year, and 4.9 percent in 2024. Gradual recovery ‘remains on track’ Pierre-Olivier Gourinchas said…

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Myanmar: UN condemns deadly military airstrike on crowd of civilians

Myanmar: UN condemns deadly military airstrike on crowd of civilians

Military aircraft dropped bombs and fired on a crowd of people in Kanbulu Township, located in Sagaing Region, who had gathered that morning for the opening of a new town hall, according to media reports.  Guterres condemns attack  UN Secretary-General António Guterres strongly condemned the attack and called for those responsible to be held accountable,…

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In Mogadishu, UN chief urges ‘massive international support’ for Somalia

In Mogadishu, UN chief urges ‘massive international support’ for Somalia

“I am also here to ring the alarm on the need of massive international support,  because of the humanitarian difficulties the country is facing, massive humanitarian support in relation to the build-up of a security capacity of Somalia, and massive humanitarian support in stabilisation and development of the country,” Secretary-General António Guterres said in the…

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From The Field: Brazil provides model welcome for Venezuelan migrants

From The Field: Brazil provides model welcome for Venezuelan migrants

A Venezuelan girl waits at a reception centre in northern Brazil. More than 800,000 Venezuelans have come to Brazil in recent years, seeking medical attention, food, and new opportunities. When they cross the northern border, they are offered overnight accommodation, food, protection, and hygiene services at the International Organization for Migration’s (IOM) Reception and Support…

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Yemen: UN says Saudi-Houthi talks in Sana’a ‘a welcome step’

Yemen: UN says Saudi-Houthi talks in Sana’a ‘a welcome step’

Stéphane Dujarric was responding to questions from correspondents at the regular noon briefing in New York, after news reports that progress had been made towards a permanent ceasefire, to end Saudi Arabia’s military involvement in a military coalition that has backed the internationally recognized Government in its civil conflict with Houthi militia, since 2015. Neighbouring…

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International system crucial to countering threat of weapons diversion, Security Council hears

International system crucial to countering threat of weapons diversion, Security Council hears

“Emanating from any arms transfer is the inherent risk of diversion of the equipment to unauthorized end users,” said Izumi Nakamitsu, UN High Representative for Disarmament Affairs. Addressing the Council during the first open meeting of Russia’s month-long presidency – and during which many delegates referenced the ongoing conflict in Ukraine – she emphasized that…

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