G20’s legitimacy depends on treatment of world’s poorest, UNDP chief says
Sao Paulo, Brazil Reuters The legitimacy of the Group of 20 economic powers depends on its impact on the world’s poorest people, not just controlling inflation, the head of the United Nations Development Programme said on Tuesday. Finance ministers from the G20 are meeting in Brazil this week with President Luiz Inacio Lula da Silva […]
Cost-of-living crisis driving “breathtaking” surge in extreme poverty – UNDP
London, UKReuters The global cost-of-living crisis is pushing an additional 71 million people in the world’s poorest countries into extreme poverty, a new report published by the UN Development Programme on Thursday has warned. Achim Steiner, UNDP administrator, said an analysis of 159 developing countries showed that the surge in key commodity prices this year […]
Ninety per cent of Ukrainian population could face poverty in protracted war – UNDP
Geneva, Switzerland Reuters Nine out of 10 Ukrainians could face poverty and extreme economic vulnerability if the war drags on over the next year, wiping out two decades of economic gains, the UN Development Programme said on Wednesday. Achim Steiner, UNDP Administrator, said that his agency was working with the Kyiv government to avoid a […]
World leaders risk anger, more protests over inequality – UN official
Bogata, ColombiaReuters Political leaders around the world could face growing citizen anger if they cannot re-engage with unhappy populations, a United Nations official said on Monday, as heads of state around the world grapple with protests. Demonstrations in Latin America and elsewhere are connected to impatience with leaders who need to address the inequalities of […]