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UN report highlights global food waste crisis amidst hunger

The UN Food Waste Index Report 2024, released by the UN Environment Programme (UNEP) in anticipation of the International Day of Zero Waste, reveals a staggering 1 billion meals wasted daily across all continents in 2022. This alarming figure contrasts sharply with the 783 million people affected by hunger and the one-third of humanity grappling Read More…

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U.N. Sec Gen warns of global economic fragmentation at ASEAN summit

During a summit involving Southeast Asia’s ASEAN bloc, China, the United States, and other nations in Indonesia, U.N. Secretary-General António Guterres issued a warning on Thursday about the world facing a potential “great fracture” in its economic and financial systems. Guterres, in a comprehensive address that touched on geopolitical tensions, multilateral development finance, and climate Read More…

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$6.7 trillion: how much the Covid-19 pandemic cost the global economy in 2020

THE pandemic will wipe an eye-watering $6.7 trillion – or £5 trillion – from the global economy in 2020, new analysis suggests. The forecast fall in global GDP – down 5.2% from $89.94 trillion to $83.19 trillion – is equivalent to the annual economic output of Germany and France combined. It would represent the deepest Read More…