Monkeypox’s unexpected arrival in multiple nations around the world is a worrying outbreak, according to the chairman of the Coalition for Epidemic Preparedness Innovations, but the virus does not pose the same worldwide threat as Covid-19. His remarks come as… Read More ›
Sustainability
Ukraine War Could Lead To A Global Recession, Warns World Bank Boss
The World Bank’s chief economist has warned that Russia’s invasion of Ukraine might trigger a global recession if food, gasoline, and fertiliser prices rise. On Wednesday, David Malpass said it’s tough to “see how we avoid a recession” during a… Read More ›
Egypt to host COP27 climate summit in November 2022
According to a senior Egyptian official, Cairo will position itself as an impartial arbiter while hosting this year’s COP27 climate summit. It will pushes nations to act on their climate pledges while promoting the interests of the developing world. In… Read More ›
Survey Shows Sharp Fall In Outlook Of CEOs As More Than Half Expect A Recession
According to a highly respected business survey released Wednesday, corporate executives are pessimistic about their outlook, with an overwhelming majority of them now forecasting a recession. According to the Conference Board’s survey of CEO sentiment, 57 per cent of the respondents now expect inflation to… Read More ›
Consultants Predict Further Drop In Light Vehicle Sales Globally For 2022
J.D. Power and LMC Automotive, two consultant firms in the auto industry, have both lowered their worldwide light vehicle sales projection for 2022, citing lockdowns in China as well as the ongoing conflict in Ukraine as the factors that has impacted auto manufacturing in the sectorsecin. The… Read More ›
With Booming Online Sales, Marks & Spencer Moves Away From Town Centres
Marks & Spencer is shifting away from town centres, citing an increase in online clothing and homeware sales. During the pandemic, the firm stated, the shift to online purchasing “raised the pressure” to shrink its clothes and home trade space…. Read More ›
Member States Of The WHO Have Agreed To Address A “Rotten” Funding Mechanism
Members of the World Health Organization formally decided to overhaul the organization’s finance mechanism, which has been characterized as “fundamentally rotten” because to its dependence on the whims of donors. The strategy, which has already been agreed to last month by… Read More ›
IMF Chief Suggests Governments Should Give Food And Energy Subsidy
The president of the International Monetary Fund (IMF) told the BBC that governments should subsidise the cost of food and electricity for the weakest sections of society. People all throughout the world are trying to keep up with escalating living… Read More ›
Doctors Warn Lack Of Medicine In Sri Lanka Is A Death Sentence For Some
An acute shortage of medicine in Sri Lanka resulting from the economic crisis will soon result in deaths, according to doctors, as hospitals are compelled to postpone life-saving surgeries for their patients due to a lack of drugs. Sri Lanka… Read More ›
Malicious Hackers Are Threatening The Global Food Supply Chain
Experts warn that modern “smart” farm gear is vulnerable to hostile hackers, putting global supply lines at risk. Hackers may be able to take advantage of weaknesses in agricultural technology used to sow and harvest crops. John Deere, the agricultural… Read More ›