Category: Business

Key points The West Bank has been under Israeli occupation since the 1967 Arab-Israeli war.  Israeli settlements began expanding in the occupied West Bank soon after 1967.  In 2005, Israel evacuated four settlements in the northern West Bank.  The occupied territory is central to plans for a future Palestinian state, but violent settlement expansion is […]

A new report published Tuesday by the UN’s International Labour Organization (ILO) found that worldwide youth unemployment rebounded after the COVID-19 pandemic but is now beginning to worsen again, leaving millions unable to get that crucial first job. After sinking to a two-decade low in 2023, global youth unemployment – covering the 15 to 24 age […]

Key points Red Sea is a vital global trade route  Even greater uncertainty for shipping  Seafarers must be protected, says IMO “It is with sadness and regret to know that, once again, innocent seafarers have lost their lives in an indefensible attack on international shipping. I offer my deepest condolences to the families of those […]

Official data indicated that 1,495 people have been injured and at least 126 died in Monday’s 7.4 magnitude quake, which flattened homes and buildings in the west of the country and caused landslides. “Nearly 5,000 homes have been damaged and 387 have been destroyed; 61 buildings have collapsed and more than 550 educational institutions, 24 […]

According to new data published on Friday from the UN Food and Agriculture Organization (FAO), a basket of staple foods cost one per cent more in July than a year ago. Why this matters Food inflation: Staple food prices remain above 2025 levels.  Climate impacts: Heatwaves and El Niño continue to threaten harvests.  Conflict costs: War […]

Exports of natural gas dropped by a staggering 95 per cent.   The finding comes in analysis published by the International Trade Centre (ITC), a multilateral agency that has a joint mandate with the World Trade Organization (WTO) and UN trade and development body UNCTAD.   Critical maritime corridor The Strait, located south of Iran, is responsible for around one quarter of global seaborne […]

Across Syria, the scars of war remain etched into communities that have endured years of violence, displacement and loss.  Yet amid the devastation, hopes are also taking root, hopes for security, decent jobs, functioning schools and hospitals, and a future in which people from every background feel they belong. During a landmark visit to Damascus, […]

The story in 60 seconds Every electric vehicle, wind turbine, solar panel, smart phone; they all depend on minerals extracted from the earth. As countries accelerate the transition to clean (non-fossil fuel) energy, demand for minerals such as lithium, cobalt, nickel, copper and graphite is rising rapidly. For many countries, this presents an unprecedented economic […]

Those reforms – largely stemming from the commitment made by Member States attending a landmark development finance summit in Sevilla last year – include mobilising public and private investment, expanding debt relief mechanisms for developing countries, and combating corruption. “Today’s outcome demonstrates that, through dialogue, mutual respect and compromise, multilateralism can deliver meaningful results,” Economic and Social Council […]