Cost of conflict: Ukraine’s economy stabilises after shock of war
OLENA HARMASH, of Reuters, reports on the impact of the ongoing war on Ukraine’s economy…
External backers pour billions into Ukraine to counter war damage
Kyiv, Ukraine/London, UK Reuters Pictures of devastation in Ukraine following Russia’s invasion have sparked urgent questions over how its reconstruction can be paid for. But before they can even begin to be answered, Kyiv is seeking billions just to ride out this year. After a 30 per cent contraction in its economy in 2022, Ukraine […]
Explainer: Blood, treasure and chaos – the cost of Russia’s war in Ukraine
London, UKReuters Russia’s 24th February invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic strife across the world. Following are the main impacts of the war as it enters its seventh month: DeathSince 24th February, 5,587 civilians have been recorded as killed and 7,890 as injured, though the actual casualties are […]
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 […]
Modi’s farm reform reversal to deter investment in India’s agriculture
New Delhi, IndiaReuters India’s repeal of agriculture laws aimed at deregulating produce markets will starve its vast farm sector of much-needed private investment and saddle the government with budget-sapping subsidies for years, economists said. Late last year, Prime Minister Narendra Modi’s government introduced three laws meant to open up agriculture markets to companies and attract […]
Essay: Global inequality may be falling, but the gap between haves and have-nots is growing
In an article first published on The Conversation,CARLOS GRADÍN, FINN TARP and MURRAY LEIBBRANDT – authors of the book ‘Inequality in the Developing World’, look at what data shows about inequality around the world…
Keeping girls in school seen worth billions to developing nations
London, UKThomson Reuters Foundation Making sure all girls are finishing secondary education by 2030 could boost the gross domestic product of developing countries by 10 per cent on average over the next decade, a report said on Tuesday. Every $1 spent on girls’ rights and education would generate a $2.80 return – equivalent to billions […]
Dreams dashed: Malawi migrants return empty-handed from South Africa
Blantyre, MalawiThomson Reuters Foundation Siphat Simali imagined that when she finally got back to Malawi she would return with pride and enough earnings from South Africa to support her two children and start a small business. Instead, the 28-year-old former domestic worker was bussed home empty-handed and shamefaced, one of a thousand to return last […]
Essay: If we realised the true cost of homelessness, we’d fix it overnight
In an article first published on The Conversation, Australian academics VIVIENNE SKINNER and PHILIPPA CARNEMOLLA look at the true cost of homelessness…
UN chief warns India over “bad economics” of coal
New Delhi, IndiaThomson Reuters Foundation With India facing deadly air pollution, high healthcare costs and growing disaster threats from global warming, the head of the United Nations warned the country’s leaders Friday that investing more in coal was “bad economics”. India, the world’s third-largest emitter of greenhouse gases, has been ramping up its use of […]