The global economy’s uneven recovery

Economy, Policies

The global economy’s uneven recovery

The chances for a swift, uniform rebound from the COVID-19 crisis have dimmed, and the world economy now faces sharply divergent growth prospects. Although the latest update of the Brookings-Financial Times Tracking Indexes for the Global Economic Recovery (TIGER) offers some grounds for optimism, it also raises renewed concerns.

Vaccination euphoria has been tempered by slow vaccine rollouts in most countries, while fresh waves of COVID-19 infections are threatening many economies’ growth trajectories.

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The real value of water

Policies, Water

The real value of water

Valuing Water is the theme of the 29th World Water Day this year. Valuing Water and Enabling Change also happened to be the theme of the Annual Report of the World Economic Forum’s 2030 Water Resources Group (now hosted by the World Bank) last year.

Clearly, no one who ever had to go without a glass of water for a few hours on a hot summer day needs to be told how invaluable water is. In fact, we all know that water is essential for life itself. There is the truism water is life! So, why this emphasis on “valuing” water?

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The International Far-Right Terrorist Threat Requires a Multilateral Response

Terrorism, Threats

The International Far-Right Terrorist Threat Requires a Multilateral Response

Right-wing violence is a global phenomenon. The United Nations Counter-Terrorism Committee Executive Directorate (CTED) illuminated this global challenge in 2020 when it issued an alert that cited “a 320% increase in terrorist attacks by groups or individuals affiliated” with right-wing extremism. A U.S.-only focus to countering far-right terrorism will not curb this growing threat to international peace and stability.

Though there are challenges to organizing a multilateral response, the United States, the United Nations, and other partners have tools available that they can adapt from efforts to disrupt the financing and organization of jihadist terrorist groups.

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The Global Economy’s Uneven Recovery

Economy, Policies

The Global Economy’s Uneven Recovery

While the US, China, and other leading economies are on their way to a robust recovery, many others are struggling to return to pre-pandemic GDP levels. In most regions, including Europe and Latin America, the 2020 recession will most likely leave long-lasting scars on both GDP and employment.

The chances for a swift, uniform rebound from the COVID-19 crisis have dimmed, and the world economy now faces sharply divergent growth prospects. Although the latest update of the Brookings-Financial Times Tracking Indexes for the Global Economic Recovery (TIGER) offers some grounds for optimism, it also raises renewed concerns.

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Seen from the sky: Polluted waters around the world

Ecology, Threats

Seen from the sky: Polluted waters around the world

About four billion people experience severe water shortages for at least one month a year, and around 1.6 billion people – almost a quarter of the world’s population – have problems accessing a clean, safe water supply, according to the United Nations.

While the UN’s Sustainable Development Goals call for water and sanitation for all by 2030, the world body says water scarcity is increasing and more than half the world’s population will be living in water-stressed regions by 2050.

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Confessions of an Economic Hit Man

Energy, Policies

Confessions of an Economic Hit Man

John Perkins should know—he was an economic hit man. His job was to convince countries that are strategically important to the U.S.—from Indonesia to Panama—to accept enormous loans for infrastructure development, and to make sure that the lucrative projects were contracted to U. S. corporations.

Saddled with huge debts, these countries came under the control of the United States government, World Bank and other U.S.-dominated aid agencies that acted like loan sharks—dictating repayment terms and bullying foreign governments into submission.

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