News headlines for “Trade, Economy, & Related Issues”, page 6
World’s Oceans Hit Record Heat in 2025, at Great Economic and Social Costs
- Inter Press Service
UNITED NATIONS, January 22 (IPS) - In 2025, global ocean temperatures rose to some of the highest levels ever recorded, signaling a continued accumulation of heat within the Earth’s climate system and raising deep concern among climate scientists. The economic toll of ocean-related impacts—including collapsing fisheries, widespread coral reef degradation, and mounting damage to coastal infrastructure—is now estimated to be nearly double the global cost of carbon emissions, placing immense strain on economies and endangering millions of lives.
Steering Nepal’s Economy Amid Global Challenges
- Inter Press Service
WASHINGTON DC, January 22 (IPS) - Nepal has a unique opportunity for transformation. The recent youth-led protests underscored aspirations for greater transparency, governance and a more equal distribution of economic opportunities and resources. This yearning resonated in Nepal and beyond.
Eighty years at the heart of global development
- UN News
From humanitarian crises and youth unemployment to climate resilience and development financing, many of today’s global challenges pass through a single United Nations body that is quietly turning 80 this year.
Thousands of Kenya’s Smallholder Coffee Farmers Risk Losing EU Market as Deforestation Law Takes Effect
- Inter Press Service
NYERI, Kenya, January 21 (IPS) - For the last twenty years, Sarah Nyaga, a smallholder farmer from Embu County in central Kenya, has farmed coffee. Like most across Kenya, she relies on the export market. A greater percentage of Kenya’s coffee ends up within the European Union market, but a new law threatens to disrupt what has been a source of income for thousands of farmers like Nyaga.
World Enters “Era of Global Water Bankruptcy”
- Inter Press Service
UNITED NATIONS, January 21 (IPS) - The world is already in the state of “water bankruptcy”. In many basins and aquifers, long-term overuse and degradation mean that past hydrological and ecological baselines cannot realistically be restored.
Guinea’s Path to Electoral Autocracy
- Inter Press Service
MONTEVIDEO, Uruguay, January 20 (IPS) - In December, the dust settled on Guinea’s first presidential election since the military took control in a 2021 coup. General Mamady Doumbouya stayed in power after receiving 87 per cent of the vote. But the outcome was never in doubt: this was no a democratic milestone; it was the culmination of Guinea’s denied transition to civilian rule.
World Living Beyond Its Means: Warns UN’s Global Water Bankruptcy Report
- Inter Press Service
UNITED NATIONS & SRINAGAR, India, January 20 (IPS) - The world has entered what United Nations researchers now describe as an era of Global Water Bankruptcy, a condition where humanity has irreversibly overspent the planet’s water resources, leaving ecosystems, economies, and communities unable to recover to previous levels.
Global Survey Finds Citizens back a World Parliament as Trust in International System Erodes
- Inter Press Service
BERLIN, Germany, January 20 (IPS) - As democracy faces pressure around the world and confidence in international law drops, a new global survey reveals that citizens in a vast majority of countries support the idea of creating a citizen-elected world parliament to deal with global issues.
World enters era of ‘global water bankruptcy’
- UN News
The world has moved beyond a water crisis and into a state of global water bankruptcy, says a new flagship report released on Tuesday by UN researchers.
The UN’s Withering Vine: A US Retreat from Global Governance
- Inter Press Service
The Trump administration’s recent announcement of its withdrawal from 66 international organisations has been met with a mixture of alarm and applause. While the headline number suggests a dramatic retreat from the world stage, a closer look reveals a more nuanced, and perhaps more insidious, strategy. The move is less a wholesale abandonment of the United Nations system and more a targeted pruning of the multilateral vine, aimed at withering specific branches of global cooperation that the administration deems contrary to its interests. While the immediate financial impact may be less than feared, the long-term consequences for the UN and the rules-based international order are profound.
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