The UN Office for the Coordination of Humanitarian Affairs stated on its website that the UN has asked for $46.4 billion for its humanitarian operations in 2024 to serve an estimated 181 million people in 72 countries. "On behalf of more than 1,900 humanitarian partners around the world, the UN...

In November, factory-gate deflation intensified and consumer prices in China dropped for the first time in three years. This suggests that deflationary forces are intensifying as the economic recovery is questioned due to weak domestic demand.   According to data released on Saturday by the...

November saw a significant pick-up in U.S. employment growth as thousands of actors and autoworkers returned to the workforce following strikes; nevertheless, the underlying trend is likely to indicate a cooling labour market.   Views that the Federal Reserve is done hiking interest rates...

For the first time in six months, China's exports increased in November, indicating that manufacturers in the second-biggest economy in the world are drawing customers with low prices in an effort to recover from a protracted decline in demand.   Although calls for additional policy support...

Diverse forecasts for the stock market and currency in 2024 have been made by investment banks and asset managers, indicating a fundamental disagreement about whether the US economy will experience the long-awaited global recession.   In sharp contrast to a year ago, when most analysts...

On Tuesday, rating agency Moody's issued a downgrade warning for China's credit rating, citing financial burdens on the world's second-biggest economy from having to support local governments, state-owned enterprises, and manage its real estate crisis.   Less than a month after it had...

At the COP28 climate summit in Dubai, there is a lot of hand-wringing over how slowly fossil fuel consumption is being reduced in order to combat climate change. Nonetheless, delegates might highlight the expanding global fleet of electric cars, which is already significantly reducing demand....

The global need for arms has grown dramatically, but global arms producers have not been able to keep up with the demand in 2022, shows the Stockholm Institute for Peace Research report (SIPRI). "Revenues from arms sales and military services of the 100 largest companies in the industry, despite...

During his speech at the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) in Dubai, World Bank Chief Ajay Banga announced that the organization has chosen to increase the percentage of its yearly funding for climate-related projects from 35 percent to 45...