Ms. Grynspan was speaking in the wake of growing UN concern at the effect on-going uncertainty could have on the most vulnerable developing economies. On Tuesday, the UN Secretary-General, António Guterres, stated that “trade wars are extremely negative,” and warned that the impact of tariffs could be “devastating.” Tariffs are a tax on imports coming into […]
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Speaking on Thursday at a press conference in Geneva, Tedros said that in around 25 per cent of countries, some health facilities have had to close completely due to cuts, according to figures from more than 100 countries compiled by WHO. Severe disruptions Out-of-pocket payments for health services have led to disruptions to the supply of […]
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In the next decade, over a billion young people will reach working age in developing economies. With current trends, around 40% of these young people, disproportionately women, will fail to find a job. Hence, it is not surprising that the World Bank and other global actors have identified the creation of jobs as one of […]
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FRIEDRICHSHAFEN, April 10, 2025 — The European airspace is one of the busiest and most complex in the world. As traffic demand continues to rise, it is important that all airspace users are able to be seen while flying and are also able to see each other. The European Union Aviation Safety Agency (EASA) has […]
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People anywhere, at any age can be infected with meningitis, which is transmitted through respiratory secretions or droplets in close human contact. Low and middle-income nations are worst-affected. The so-called “meningitis belt” in sub-Saharan Africa sees most cases and outbreaks. It stretches from Senegal and The Gambia in the west of the continent all […]
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In a dramatic turnaround, Apple’s stock surged 15% on April 4, 2025, following the announcement of a 90-day hiatus on tariffs, lifting the company’s market value by over $400 billion. This marked Apple’s most significant trading day since 1998, recovering from its worst four-day streak in over two decades. The rally pushed Apple’s market cap […]
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The European Union has successfully reduced greenhouse gas emissions in carbon-intensive sectors by approximately 50% since 2005, with a 5% drop in emissions recorded in 2024, according to the latest European Commission report. This steady progress is being driven by the EU Emissions Trading System (EU ETS), a cap-and-trade mechanism designed to reduce carbon emissions […]
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The European Commission will provide an initial humanitarian aid allocation of €41 million for the Southern Africa and Indian Ocean in 2025 – an area facing simultaneously natural hazards and conflict. Mozambique will receive €17 million. Part of the funding will support the country’s efforts to respond to the consequences of tropical cyclones Chido, Dikeledi and […]
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Reforestation startup Mombak has successfully closed a R$100 million ($17.8 million) funding deal with Santander Brasil and Brazil’s development bank BNDES, marking the first reforestation project under Brazil’s R$10 billion New Climate Fund. The funds will fuel Mombak’s efforts to restore degraded farmland in the Amazon, contributing to Brazil’s growing carbon offset market. Mombak specializes […]
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The European Commission has approved a €3.26 billion disbursement to France under the Recovery and Resilience Facility (RRF), part of the EU’s NextGenerationEU initiative. This payment acknowledges France’s successful implementation of key milestones in its recovery plan, emphasizing the nation’s commitment to green and digital transitions. Key Investments and Reforms: Reform Highlights: The Commission’s preliminary […]
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