Covid pandemic has pushed poor countries to record debt levels – World Bank
News / 13th October 2021The Covid-19 pandemic has led to a “tragic reversal” in development and pushed debt in poor countries to record levels, the head of the World Bank has said.
Wealthy nations must share more resources or risk crisis for billions, warns UN chief
News / 29th September 2021The head of the UN has called on rich countries to step up efforts to protect workers hit by the Covid-19 pandemic with an additional $1tn injection of funds to avoid a twin-track recovery that widens the gap with the world’s poorest nations.
As rich-poor divide widens between nations, UN urges reform
News / 16th September 2021A new report from the United Nations highlights divergent economic recoveries between nations and throws fresh urgency behind warnings that richer nations are not doing enough to help poorer countries from falling further behind as the world recovers from COVID-19 disruptions.
4.1 billion lack social safety net, warns UN labour agency
News / 3rd September 2021More than four billion people live without any welfare protection today to cushion them from crisis, the UN International Labour Organization (ILO) report, while highlighting how the COVID-19 crisis has pushed up government spending by some 30 per cent.
Humans ‘pushing Earth close to tipping point’, says global public
News / 17th August 2021Three-quarters of people in the world’s wealthiest nations believe humanity is pushing the planet towards a dangerous tipping point and support a shift of priorities away from economic profit, according to a global survey.