News stories by Alexander Kozul-Wright

GENEVA, Mar 22 (IPS) - Given the complex interplay between geopolitics and financial markets, Russia’s invasion of Ukraine in February 2022 sent shockwaves across the global economy. Admittedly, the implications both within and between countries have varied. However, there were some common denominators, including higher commodity prices.

GENEVA, Mar 03 (IPS) - At a high-level UN event, global donors pledged US$1.2 billion in aid operations to Yemen in 2023. Millions of Yemenis require humanitarian assistance as the country continues to suffer from the fallout of a prolonged civil war.

GENEVA, Oct 11 (IPS) - In the last week of September, emerging market (EM) bond fund outflows hit $4.2 billion, according to JP Morgan, bringing this year’s total to a record $70 billion. The exodus, set off by a rising U.S. dollar, is heaping pressure on low-income countries.

GENEVA, Aug 09 (IPS) - For the first time in its contemporary history, Colombia has a left-wing government. The presidency of Gustavo Petro, who took the reins August 8, marks a significant break from the political status quo. He also represents a stiff test for U.S. influence in Latin America.

GENEVA, Dec 07 (IPS) - On 25 November, news emerged from South Africa of a new COVID-19 variant. It has since been identified as Omicron, a Greek alphabet derivation the World Health Organization (WHO) reserves for virus variants “of concern”.

GENEVA, Oct 15 (IPS) - The guardians of the global economy convened in Washington this week to discuss their latest global growth forecasts. The World Bank-IMF Board of Governors meetings have been squarely focused on the global response to COVID-19, with economists warning of slowing momentum in wealthy nations and grossly uneven recoveries across the developing world.