Rome, Italy | Xinhua | Pushed by higher energy and fertilizer prices stemming from the ongoing conflict between Russia and Ukraine, global food prices were 14.3 percent higher in 2022 than a year earlier, the Rome-based United Nations Food and Agriculture Organization (FAO) said on Friday. In 2022, the FAO’s sub-indexes show …
Read More »RED CROSS: Global humanitarian needs grow “exponentially” in past 10 years
New York, US | Xinhua | Humanitarian needs around the world have grown “exponentially” over the past 10 years due to rising armed conflicts and effects of climate change, pandemic as well as long-term development challenges, Peter Maurer, president of the International Committee of the Red Cross (ICRC), said on …
Read More »Kobe Bryant’s death sends shockwaves through NBA and beyond
Los Angeles, United States | AFP | Kobe Bryant’s laserlike focus and sublime skills were remembered Sunday by NBA colleagues, fans and athletes he inspired as they absorbed the shock of his death at the age of 41. Bryant, a five-time NBA champion with the Los Angeles Lakers and two-time …
Read More »US-China trade war sparks IMF global growth cut warning
Bali, Indonesia | AFP | The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that “everyone is going to suffer” from a clash between the world’s two biggest economies. At a meeting on the Indonesian …
Read More »Nations pledge billions to protect Global Environment
Kampala, Uganda | THE INDEPENDENT | Close to 30 countries have jointly pledged a contribution of USD 4.1 billion (15 trillion Shillings) to protect the future of the planet and human well-being. The funding is expected to help the Global Environment Facility (GEF) to support its new four-year investment cycle, …
Read More »COMMENT: Benefits of primary healthcare
Effective systems can address today’s four major global health challenges COMMENT | ASAF BITTON | We have four major global challenges in health care. And I think the unsung hero of the health-care system – primary health care – can help us solve them all. The first challenge is the rise …
Read More »GLOBAL COMMENT: Good times at last?
People are increasingly acknowledging that the global economy is stronger than they thought COMMENT | JIM O’NEILL | In February 2017, I wrote an optimistic commentary called “The Global Economy’s Surprising Resilience.” The piece came as a surprise to those who saw only bleak prospects for Western countries, not least the …
Read More »COMMENT: Risk to the global economy
Why changes in broadly shared economic assumptions are potentially riskier than more dramatic events COMMENT | CHRISTOPHER SMART | One of the great mysteries of today’s global markets is their irrepressible enthusiasm, even as the world around them appears on the verge of chaos or collapse. And yet, investors may be …
Read More »World Bank economist: Risks to world economy receded
Washington, United States | AFP | The World Bank is keeping its forecast for global growth in 2017 unchanged, because for the first time in years, no new risks have arisen to threaten the outlook. “Over the past four years this is the first time we didn’t have a downgrade …
Read More »Running a global money service
By Agnes E. Nantaba Stone Atwine is the CEO of Redcore Interactive, the mother company of Remit Uganda, an international mobile money transfer service. He Spoke to Agnes E. Nantaba about their operations. What are the key elements in your management style as a manager? But the key element is …
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