Around 2 million facing food insecurity across Lebanon — Global Issues

Around 2 million facing food insecurity across Lebanon — Global Issues

Lebanon’s first ever Integrated Food Security Phase Classification (IPC) Acute Food Insecurity Analysis predicts that the situation will deteriorate between January and April this year, with 2.26 million people – 1.46 million Lebanese residents and around 800,000 refugees – expected to be in the “crisis” phase or worse, needing urgent assistance. The…

Economic slowdown may force workers into ‘lower quality’ jobs — Global Issues

Economic slowdown may force workers into ‘lower quality’ jobs — Global Issues

According to the International Labour Organization (ILO), global employment is set to grow by just one per cent in 2023, which is less than half last year’s level. The number of people unemployed around the world is also expected to rise slightly, to 208 million. This corresponds to a global…

sharp, long-lasting slowdown to hit developing countries hard — Global Issues

sharp, long-lasting slowdown to hit developing countries hard — Global Issues

Globally, growth continues to slow sharply due to rising inflation and interest rates, reduced investment, and supply disruptions caused by Russia’s full-scale invasion of Ukraine. Any new adverse development could further push the global economy into recession, said the World Bank. This includes higher-than-expected inflation rates, abrupt rises in interest…

Flexible work arrangements, a benefit to all – ILO report — Global Issues

Flexible work arrangements, a benefit to all – ILO report — Global Issues

Issues surrounding working hours and conditions are “at the heart of most labour market reforms and evolutions taking place in the world today”, Branch Chief Philippe Marcadent said in the foreword to ILO’s Working Time and Work-Life Balance Around the World. “The number of hours worked, the way in which…

Arab region registers world’s highest unemployment rate, UN survey finds — Global Issues

Arab region registers world’s highest unemployment rate, UN survey finds — Global Issues

However, the Survey of Economic and Social Developments in the Arab Region, published by the UN Economic and Social Commission for Western Asia (ESCWA) projects post-COVID-19 economic recovery efforts to prompt a very slight decrease next year – to 11.7 per cent. Mounting poverty Meanwhile, poverty measured against national lines…

Global trade growth turns negative after record year: UNCTAD — Global Issues

Global trade growth turns negative after record year: UNCTAD — Global Issues

That’s according to UN trade and development agency, UNCTAD, whose analysts said that global growth “turned negative” during the second half of 2022. The UN agency said that trade in goods and services is expected to reach $25 trillion and $7 trillion respectively, by the end of the year. The…

In Africa, UN chief sees continent full of ‘hope and potential’ — Global Issues

In Africa, UN chief sees continent full of ‘hope and potential’ — Global Issues

“When I see Africa, I see hope and potential”, he told journalists at a press stakeout in Addis Ababa. “I see countries working together, including here at the AU, to foster peace and development.” Focusing on the huge untapped potential of African youth, he said their “limitless energy” and “new…

Ports, shipping need to go green to resist future global crises: UNCTAD — Global Issues

Ports, shipping need to go green to resist future global crises: UNCTAD — Global Issues

“Ships carry over 80 per cent of the goods traded globally, with the percentage even higher for most developing countries; hence the urgent need to boost resilience to shocks that disrupt supply chains, fuel inflation and affect the poorest the most,” the UN agency said in a new report on maritime transport. Between…