News headlines for “Free Trade and Globalization”, page 112
Are Countries Ready for AI? How they can Ensure Ethical & Responsible Adoption
- Inter Press Service

UNITED NATIONS, May 16 (IPS) - From ChatGPT to deepfakes, the topic of artificial intelligence (AI) has recently been making headlines. But beyond the buzz, there are real benefits it holds for advancing development priorities.
Post-pandemic world economy still feeling COVID-19’s sting
- UN News

Prospects for a robust global economic recovery remain dim as the lingering effects of the COVID-19 pandemic carry on, according to the UN’s latest World Economic Situation and Prospects report, released on Tuesday.
Reserve Bank of Australia Review Fails Ordinary Australians
- Inter Press Service

SYDNEY, May 15 (IPS) - The Reserve Bank of Australia (RBA)’s latest interest rate hike comes before the ink of the much-awaited review of the RBA, released on 20 April, has dried. The threat of more increases to come is a clear sign of an emboldened RBA as the government accepts all of the panel’s utterly disappointing 51 recommendations.
The New Development Bank in the Asian 21st Century: A Golden Opportunity for the Global South
- Inter Press Service

COLOMBO, Sri Lanka, May 15 (IPS) - Asia is the fastest growing and most dynamic region of the world according to a recent IMF Report; “Recovery Unabated Amid Uncertainty”. 1
Asia and the Pacific will contribute around 70 percent of global growth this year as expansion accelerates after Covid-19 supply chain disruptions, with ongoing geopolitical turmoil and war in Europe, as well as, various hybrid over the horizon cyber and kinetic attacks targeting Indian Ocean ports and shipping.
In Jamaica, Guterres pledges solidarity and outlines ‘moral, power and practical’ barriers to development
- UN News

The UN chief expressed his “deep solidarity” with Jamaica and all other Small Island Developing States on Monday, outlining what he termed the “moral, power and practical problems” that are preventing the current dysfunctional international financial system from supporting fair and sustainable development.
Black Sea Initiative exports top 30 million tonnes from Ukraine, as talks continue over renewal
- UN News

The UN-brokered Black Sea Initiative, aimed at ensuring the flow of grain, foodstuffs and fertilizer amid global shortages exacerbated by the war in Ukraine, has now allowed the safe export of more than 30 million tonnes, since it first began in July last year.
Locust outbreak in Afghanistan threatens wheat harvest
- UN News

A “large-scale” outbreak of the Moroccan Locust, one of the world’s most damaging plant pests, across eight provinces in Afghanistan’s wheat basket, could cause massive crop losses and “dramatically” worsen food insecurity.
A New Saudi Arabia? Changes on the Screen and in Reality
- Inter Press Service

STOCKHOLM, Sweden, May 08 (IPS) - The World changes, though prejudices and misconceptions remain. In 1996, political scientist Samuel Huntington published The Clash of Civilizations and the Remaking of World Order, in which he predicted that people’s cultural and religious identities would become the primary source of conflict in a Post–Cold War World.
Huntington’s allegations have been contradicted by a number of critics, among them American Palestinian professor Edward Said, who lamented their extreme cultural determinism, which omitted the dynamic interdependency and interaction of cultures.
Livestock Producers Seek to Integrate Biogas and Animal Protein Market in Brazil
- Inter Press Service

TOLEDO, Brazil, May 08 (IPS) - It is the “best energy,” according to its producers, but biogas from livestock waste still lacks an organized market that would allow it to take off and realize its potential in Brazil, the world's largest meat exporter.
Countries must forge ‘Global Blue Deal’ to protect the ocean: UNCTAD
- UN News

The ocean can provide vast opportunities for developing countries to build more innovative and resilient economies, but climate change, pollution and overfishing threaten the livelihoods of some three billion people who rely on it for food and income.

