This article is published in association with IMF. Artificial intelligence is an emerging source of productivity and economic growth that’s also reshaping employment and investment. AI has the potentialto raise the average pace of annual global economic growth according to scenarios in our recent analysis, included in the IMF’s April 2025 World Economic Outlook. AI, however, needs […]AI Needs More Abundant Power Supplies to Keep Driving Economic Growth
May 14, 2025 by Leave a Comment
This article is published in association with IMF. Artificial intelligence is an emerging source of productivity and economic growth that’s also reshaping employment and investment. AI has the potentialto raise the average pace of annual global economic growth according to scenarios in our recent analysis, included in the IMF’s April 2025 World Economic Outlook. AI, however, needs […]EBRD promotes trade and resource efficiency in Kyrgyz Republic
May 14, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to US$ 23 million (€20.3 million) to Demir Kyrgyz International Bank (Demir Bank) to support trade and green innovation in the Kyrgyz Republic. These funds will help to stimulate trade and […]EIB takes part in World Circular Economy Forum 2025 in Brazil to foster competitiveness and sustainable growth
May 14, 2025 by Leave a Comment
This article is published in association with European Investment Bank. The European Investment Bank (EIB) is participating in the World Circular Economy Forum 2025 (WCEF 2025) from 13-16 May 2025 in São Paulo, Brazil, and online around the globe. The annual WCEF, an initiative of Finland and the Finnish Innovation Fund (Sitra), is one of the […]MEPs support proposals to simplify EU carbon leakage instrument
May 14, 2025 by Leave a Comment
This article is brought to you in association with the European Parliament. The proposed changes to the EU carbon border adjustment mechanism (CBAM) are part of simplification efforts to reduce the administrative burden for SMEs and occasional importers. Parliament’s Committee on the Environment, Climate Change and Food Safety today endorsed the Commission’s proposal, which is a […]MEPs push for more coordination and resilience in European electricity grids
May 14, 2025 by Leave a Comment
This article is brought to you in association with the European Parliament. MEPs adopted proposals for enhancing grid resilience, integrating renewable energy sources, and simplifying processes to meet the EU’s energy goals. In proposals adopted on Tuesday, MEPs from the Industry, Research and Energy Committee put forward ways to modernise Europe’s electricity grid infrastructure to accommodate […]Child sexual abuse: updated rules to address new technological risks
May 14, 2025 by Leave a Comment
This article is brought to you in association with the European Parliament. On Tuesday, the Civil Liberties Committee endorsed legislative changes to improve EU countries’ capacity to fight child sexual abuse effectively. Updating the EU-wide definitions of the crimes linked to child sexual abuse (CSA), the proposal endorsed by MEPs also adapts them to new technologies. […]‘Stop the 21st century atrocity’ in Gaza, Fletcher urges UN Security Council
May 14, 2025 by Leave a Comment
This article is published in association with United Nations. No aid has entered Gaza for more than 10 weeks and every single one of the 2.1 million people there faces famine conditions, the UN Emergency Relief Coordinator Tom Fletcher said on Tuesday in a briefing to the Security Council in New York. Mr. Fletcher began his […]UN chief calls for major reforms to cut costs and improve efficiency
May 13, 2025 by Leave a Comment
This article is published in association with United Nations. Amid financial strain and growing global challenges, UN Secretary-General António Guterres is pushing for wide-ranging structural reforms to enhance the world body’s effectiveness. Briefing Member States in New York on Monday Mr. Guterres outlined wide-ranging effort to revamp how the UN system operates – cutting costs, streamlining […]Parliament backs extension of trade liberalisation measure for Ukrainian imports
May 13, 2025 by Leave a Comment
This article is brought to you in association with the European Parliament. MEPs voted on Thursday to renew the suspension of import duties and quotas for certain imports from Ukraine, such as iron and steel, due to expire on 5 June 2025. With the adoption of the Autonomous Trade Measures (ATM) Regulation, the EU liberalised trade with […]Commission amends State aid rules to provide public access to justice in environmental matters
May 13, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The European Commission has adopted today amendments to its State aid rules to provide public access to justice in environmental matters in relation to EU State aid decisions. For that purpose, the Commission revised rules which allow non-governmental organisations (‘NGOs’) to request a Commission […]Gaza: Starvation looms for one in five people, say food security experts
May 13, 2025 by Leave a Comment
This article is published in association with United Nations. Gazans remain at “critical risk of famine,” UN-backed food security experts warned on Monday, a full 19 months since war began with Israel and 70 days since deliveries stopped of all aid and commercial supplies. “Goods indispensable for people’s survival are either depleted or expected to run out […]UN warns copper shortage risks slowing global energy and technology shift
May 12, 2025 by Leave a Comment
This article is published in association with United Nations. A looming global copper shortage could stall the world’s transition to clean energy and digital technologies unless smarter trade and investment strategies are adopted, the UN’s trade and development body, UNCTAD, has warned. In its latest Global Trade Update, released this week, UNCTAD describes copper as “the new strategic raw material” […]Parliament backs extension of trade liberalisation measure for Ukrainian imports
May 12, 2025 by Leave a Comment
This article is brought to you in association with the European Parliament. MEPs voted on Thursday to renew the suspension of import duties and quotas for certain imports from Ukraine, such as iron and steel, due to expire on 5 June 2025. With the adoption of the Autonomous Trade Measures (ATM) Regulation, the EU liberalised trade with […]International coalition agrees on the establishment of the Special Tribunal for the Crime of Aggression against Ukraine
May 12, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. On Europe Day, the Commission, represented by Commissioner Michael McGrath, High Representative Kaja Kallas, the Council of Europe, the Prime Minister of Ukraine, Denys Shmyhal, and the representatives of an international coalition of states gathered in Lviv today to formally endorse the establishment of a Special Tribunal […]World News in Brief: South Sudan urged to avoid slide to war, Türk calls on EU not to weaken landmark law, Ukraine and Mali updates
May 9, 2025 by Leave a Comment
This article is published in association with United Nations. The UN peacekeeping mission in South Sudan (UNMISS) together with the African Union mission there, and other key bodies collectively known as the Quartet, have raised the alarm over rising violence and political instability in South Sudan. The Quartet is calling on the country’s leaders to end […]Culture unites, latest Eurobarometer shows
May 9, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. Culture gives citizens a sense of community and integration. According to a new Eurobarometer survey published by the European Commission, citizens strongly support cultural exchange, artistic freedom and fair working conditions for artists. They also call for a stronger EU role to protect heritage […]50 year anniversary of China-EU relations: why the EU should care much more
May 9, 2025 by Leave a Comment
2025 marks 50 years of official diplomatic relations between the European Union and China and the Chinese Mission organized this week in Brussels a large reception to celebrate and meet the European counterparts. The event coincided with the positive news that China lifted the 2021 sanctions against MEPs, an act of reciprocation on the EU’s […]DPR Korea ploughing ahead with nuclear and ballistic missile programme
May 8, 2025 by Leave a Comment
This article is published in association with United Nations. A top UN official has warned that the Democratic People’s Republic of Korea (DPRK) is ramping up its nuclear and missile programme in defiance of international law, as it moves into the final year of its military plan. Briefing ambassadors in the Security Council on Wednesday, Assistant […]May infringements package: key decisions
May 8, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. Overview by policy area In its regular package of infringement decisions, the European Commission takes legal action against Member States that fail to comply with their obligations under EU law. These decisions, covering various EU policy areas, aim to ensure the proper application of […]UN Secretary-General urges military restraint from India, Pakistan
May 7, 2025 by 1 Comment
The UN chief has expressed deep concern over Indian military operations across the Line of Control and the international border with Pakistan. In a note to correspondents issued by his spokesperson on Tuesday, Secretary-General António Guterres called for military restraint from both countries. “The world cannot afford a military confrontation between India and Pakistan,” the note said. […]Stuck in the middle? Indebted nations plot path to growth amid global trade upheaval
April 30, 2025 by Leave a Comment
This article is published in association with United Nations. Faced with mounting debt and economic stagnation, middle-income countries have issued a call for financial reform, sustainable investment, and a roadmap to escape the so-called “middle-income trap,” at a UN-backed international conference held in Manila, Philippines, which concluded on Tuesday. The High-Level Conference of Middle-Income Countries (MICs), […]EBRD lends up to US$ 10 million to Bank Respublika in Azerbaijan
April 29, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$ 10 million (€8.86 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks and a longstanding partner of the EBRD. Bank Respublika will lend the proceeds on […]Sudan situation ‘absolutely devastating’ as UN ramps up food aid
April 28, 2025 by Leave a Comment
This article is published in association with United Nations. The situation in western Sudan is “shocking” and people in the capital, Khartoum face “absolutely devastating” conditions according to a senior UN official in the African country. Speaking in Port Sudan after a visit to Khartoum, Samantha Chattaraj, Emergency Coordinator for the UN’s World Food Programme (WFP) […]Climate change: How mountain communities are scaling new heights
April 25, 2025 by Leave a Comment
This article is published in association with United Nations. Low-lying islands aren’t the only ones at risk from our warming planet, as mountain communities are now finding. Investment in organic farming, sustainable textiles and eco-tourism is helping mountain communities in Central Asia adapt to global warming, the UN’s Food and Agriculture Organization (FAO) said on Thursday, […]Commission finds Apple and Meta in breach of the Digital Markets Act
April 24, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. Today, the European Commission found that Apple breached its anti-steering obligation under the Digital Markets Act (DMA), and that Meta breached the DMA obligation to give consumers the choice of a service that uses less of their personal data. Therefore, the Commission has fined […]EBRD shareholders take further step towards geographical expansion
April 23, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The shareholders of the European Bank for Reconstruction and Development (EBRD) have accepted an amendment to Article 1 of the Bank’s statutes, enabling the expansion of its operations to selected countries in sub-Saharan Africa and Iraq. Article 1 of the EBRD’s statutes defines the Bank’s purpose […]Guterres condemns deadly attack in Jammu and Kashmir
April 23, 2025 by Leave a Comment
This article is published in association with United Nations. Secretary-General António Guterres has strongly condemned the armed attack in Jammu and Kashmir that claimed at least 28 lives earlier on Tuesday. UN Spokesperson Stéphane Dujarric, responding to inquiries, emphasised the Secretary-General’s condemnation of the attack. Media reports indicate that a gunman opened fire on a group […]Asia’s megacities at a crossroads as climate and population challenges grow
April 22, 2025 by Leave a Comment
This article is published in association with United Nations. Asia’s sprawling megacities – which are driving economic growth – face an uncertain future as rising temperatures, aging populations and unplanned urban development tests their resilience. Seven of the ten most populous cities in the world are in Asia, with Tokyo, Delhi, Shanghai and Dhaka topping the […]Humanitarian situation continues to deteriorate in El Fasher, Sudan
April 17, 2025 by Leave a Comment
This article is published in association with United Nations. Escalating violence and deteriorating humanitarian conditions in and around El Fasher in Sudan continue to be of grave concern, the United Nations said on Wednesday. The war between the Sudanese Armed Forces (SAF) and former ally the Rapid Support Forces (RSF) is in its third year and […]Commission welcomes significant step towards Pandemic Agreement
April 17, 2025 by Leave a Comment
This article is brought to you in association with the European Commission. The Commission welcomes the preliminary consensus on the Pandemic Agreement which was reached today, in Geneva, by the Intergovernmental Negotiating Body, underscoring the continuing strength of international cooperation and solidarity for global heath. After three years of intensive negotiations the agreement reached marks a significant […]EBRD provides working capital loan to UzCarlsberg
April 16, 2025 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a working capital loan of up to US$ 6 million (€5.7 million) to UzCarlsberg, boosting the company’s operational efficiency and contributing to higher food safety standards in Uzbekistan. UzCarlsberg, which has been a client of the […]Countries reach historic deal to cut shipping emissions
April 14, 2025 by Leave a Comment
This article is published in association with United Nations. After years of intense negotiations, countries on Friday reached a landmark deal to cut greenhouse gas emissions from global shipping, setting mandatory fuel standards and introducing an industry-wide carbon pricing mechanism. The framework – agreed during the just-concluded meeting of the UN International Maritime Organization (IMO) Marine Environment Protection Committee – aims for […]Sudan faces unprecedented hunger and displacement as war enters third year
April 11, 2025 by Leave a Comment
This article is published in association with United Nations. The conflict in Sudan has become one of the worst humanitarian crises of the 21st century, leaving millions of women, children and displaced families suffering from violence, food insecurity and the collapse of essential services. As the war enters its third year, UN humanitarians warn that immediate […]
