Category: Business

The Borrowers’ Forum is being hailed as a milestone in efforts to reform the international debt architecture, supported by the UN and emerging as a key part of the Sevilla Commitment outcome document. “This is not just talk – this is execution,” said Egypt’s Minister of Planning and Economic Development, Dr Rania Al-Mashat. “The Borrowers’ […]

Washington, D.C. — U.S. President Donald Trump has signaled that a trade deal with India is nearing completion, with expectations of significantly reduced tariffs and improved bilateral market access. “I think we are going to have a deal with India. And that is going to be a different kind of a deal. It is going […]

“The money simply is not reaching the women and girls who need it most,” UN Women said in a news release issued on Monday.   This estimate comes in the midst of the Fourth International Conference on Financing for Development underway in Sevilla, Spain. There, world leaders are working to revitalize the international financing structure […]

Presented during the UN’s 4th International Conference on Financing for Development – taking place this week in Sevilla, Spain – the proposal highlights a growing problem: the richest individuals often contribute less to public finances than ordinary taxpayers, thanks to lower effective tax rates and legal loopholes. “Our countries need more and more public revenues […]

28 June 2025 – The U.S. Department of Justice (DoJ) has approved Hewlett Packard Enterprise’s (HPE) $14 billion acquisition of Juniper Networks, following a settlement requiring HPE to divest part of its networking business to preserve market competition. Under the agreement, HPE must sell its Instant On wireless LAN (WLAN) campus and branch network switching […]

That’s where the Sevilla Platform for Action (SPA) comes in – a major step to begin implementing the Seville Agreement without delay. It features over 130 concrete actions to support the renewed global financing framework that world leaders just adopted at the international conference. They will help countries mobilise resources for an SDG investment push, build developing […]

António Guterres issued his clarion call noting that sustainable development powered by international cooperation, is now facing “massive headwinds.” Addressing the opening session of the 4th Financing for Development Conference (FFD4) in baking hot Sevilla, Spain – basking in record high June temperatures – the Secretary-General noted multilateralism itself is also feeling the heat, while […]

The Southeast Asian country has already raised close to $12 billion in thematic bonds, including blue bonds and Islamic investment instruments over the last seven years. These efforts have been supported by development partners, including the United Nations. Putut Hari Satyaka, is the Deputy Minister for Development Financing and Investment at Indonesia’s Ministry of National Development Planning […]

On Friday, Deputy Secretary-General Amina Mohammed launched a new report, Confronting the Debt Crisis: 11 Actions to Unlock Sustainable Financing. She was joined by experts Mahmoud Mohieldin and Paolo Gentiloni, along with Rebeca Grynspan, Head of the UN Conference on Trade and Development (UNCTAD). A growing crisis “Borrowing is critical for development,” Ms. Mohammed said, […]

For decades, helping the least developed countries to develop has been seen as beneficial for the international community as a whole, as well as a duty of the countries with more resources. However, this philosophy is being challenged by some wealthy nations, which have decided to reduce or even end funding for projects and initiatives […]