Organizations, IMF, WTO, G7, UN Security Council Archives

Central Asia Looks To Regional Alliances, UN For Leadership

23Sep

By Patti MohrNo Comments

Diplomacy and International Law, Geopolitics, Globalization, Disintegration, Nationalism, Populism, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Analysis

Central Asia Looks To Regional Alliances, UN For Leadership

September 23, 2021--Leaders from Pakistan, Tajikistan, and other Central Asian countries are strengthening regional alliances and looking to the international community for help in dealing with the humanitarian crisis in Afghanistan and security concerns in the region. In the absence of U.S. and NATO military involvement in Afghanistan, new partnerships and ways of thinking are taking shape to influence the region. Of first and foremost concern for many of the area’s leaders is the massive humanitarian crisis in Afghanistan. Pakistani Prime Minister Imran Khan said it is in the international community's collective interest to support the people of Afghanistan. “This moment should not be squandered," he said. “We must remember that the previous Afghanistan government survived on...

WTO Rejects All Legal Claims By China in U.S. Tariffs on Solar Imports

3Sep

By Patti MohrNo Comments

Global Trade, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

WTO Rejects All Legal Claims By China in U.S. Tariffs on Solar Imports

U.S. Safeguard Tariffs Set To Expire in February 2022 September 3, 2021--The world's legal body for settling trade disputes rejected a complaint yesterday by China over U.S. tariffs on solar products made in China. The World Trade Organization's Dispute Settlement body denied all of China's claims against the U.S. safeguard tariff on China-made solar materials called Crystalline Silicon Photovoltaic Products. A safeguard measure is a temporary trade restriction countries apply to an import that occurs in such high quantities that it causes serious injury to the domestic industry. They are allowed under WTO rules for emergency and temporary use. Dispute Started in 2018 In 2017, the U.S. International Trade Commission responded to a complaint by Suniva, Inc. and SolarWorld Am...

The Hidden Heroes of the Afghan Refugee Crisis

25Aug

By Spencer HayesNo Comments

Human rights, Immigration, Migration, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

The Hidden Heroes of the Afghan Refugee Crisis

August 25, 2021--As observers around the world watch in horror the collapse of human rights in a Taliban-controlled Afghanistan, humanitarians are stepping up to the plate to assist vulnerable members of Afghan society. Governments Relocating Refugees In a press briefing this week, U.S. State Department Spokesperson Ned Price discussed successful relocations from Afghanistan. He credited a number of contributions by countries in the relocation efforts. Specifically, Qatar, Kuwait, the United Arab Emirates, Spain, Italy, Bahrain, and Germany. These governments have assisted in the transit of at-risk Afghans, US citizens, and other Afghan evacuees. Alongside those efforts, Germany, Spain, and Italy have deployed armed troops to Afghanistan to assist in the evacuation. These forces are...

IMF Making $650 Billion Available to Members On Monday

20Aug

By Patti MohrNo Comments

Global Economics, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

IMF Making $650 Billion Available to Members On Monday

Fund Blocks Afghanistan And Venezuela From Benefitting From Special Drawing Right In an emergency decision, the IMF is creating reserves for nearly all members. Countries can exchange it for cash or keep as reserves. August 20, 2021--The International Monetary Fund is set to make available $650 billion in drawing rights on August 23 to nearly all of its 190 members. Creating Cash through Special Drawing Rights It's a historic distribution by the fund, made to mitigate the impact of the global pandemic. The IMF executive board approved the emergency decision in July. IMF members will be able to exchange the Special Drawing Right for hard currency with central banks of countries. They could also keep it as part of their reserves. The allocation is neither a donation nor a ...

Interpol Cracks Down On Human Trafficking Worldwide

10Aug

By Patti MohrNo Comments

Corruption, Bribes, Illicit Finance & Money Laundering, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

Interpol Cracks Down On Human Trafficking Worldwide

Interpol launched a five-day effort to crack down on trafficking of persons this Summer. Five-Day Operation Shows Scope of Human Trafficking Worldwide August 10, 2021--Interpol investigators rescued 430 victims of human trafficking and arrested 286 suspects in a collaborative sting operation against criminal trafficking this Summer. It was a five-day enforcement operation in July that included law enforcement officials from 47 countries. They called it "Operation Liberterra." The result was a crackdown that identified 4,000 irregular migrants from 74 countries. That's in addition to making arrests of suspected traffickers and helping victims. Five-Day Snapshot of Global Trafficking “Operation Liberterra is a five-day snapshot of the global trafficking and smuggling situation...

Earth To Warm By 1.5 Degree Celsius By 2040, UN Report Warns

9Aug

By Patti MohrNo Comments

Climate Action, ESG, Sustainable Finance, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief, Types of News: Videos

Earth To Warm By 1.5 Degree Celsius By 2040, UN Report Warns

Consensus Now Says Human Influence on Climate Warming Is 'Established Fact' August 9, 2021--In a massive 3949-page report, a United Nations working group warns that the climate is warming and humans influence is a cause. The report covers every area of the world. It discusses both the cause and effect. Most notably, it warns that even under the best-case scenario, scientists predict the Earth will warm by 1.5 degrees Celsius by 2040. "It is unequivocal that human influence has warmed the atmosphere, ocean and land," the report said."Widespread and rapid changes in the atmosphere, ocean, cryosphere and biosphere have occurred." It is the sixth of eight reports by the UN’s Intergovernmental Panel on Climate Change. The report comes in advance of the UN Climate Change Conference i...

UN Security Council Looks At Syrian Chemical Weapons

6Aug

By Patti MohrNo Comments

Diplomacy and International Law, Middle East, Organizations, IMF, WTO, G7, UN Security Council, Sanctions, Types of News: Brief

UN Security Council Looks At Syrian Chemical Weapons

August 6, 2021--Since Syria joined the Chemical Weapons Convention in 2013, the Organization for the Prohibition of Chemical Weapons (OPCW) has worked to eliminate Syria's chemical weapons program. On Wednesday, UN Security Council members met to discuss that work. 'Gaps, Inconsistencies And Discrepancies' Thomas Markram, deputy to the High Representative for Disarmament Affairs, addressed the council with an update. First, the COVID-19 pandemic has faced greater difficulty advancing progress. Second, the Syrian government has yet to fully disclose and destroy its chemical weapons program. "As a result of the identified gaps, inconsistencies and discrepancies that remained unresolved," Markram said he could not consider Syria's declaration to be "considered accurate and complete i...

Even In The Olympics, There’s A Political Side

3Aug

By Spencer HayesNo Comments

Diplomacy and International Law, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Analysis

Even In The Olympics, There’s A Political Side

August 3, 2021-- For the past week, people across the globe have gathered in front of their TVs to watch the momentous events of the Olympics. The Olympics emulate an image of peace through their recognition of cultures in the events and ceremonies. "The athletes show us that, despite all our differences, it is possible for humankind to live together in peace.," said IOC President Thomas Bach. "This is our Olympic message: yes, it is possible to compete with each other, even for the highest prize, but at the same time to live together peacefully under one roof in the Olympic Village.” Facing the option of a jump-off to decide who will win the gold medal for the high jump, Qatar's Mutaz Essa Barshim and Italy's Gianmarco Tamberi -- who both cleared 2.37m -- decided to share the victo...

Foreign Diplomats Discuss Path To Sustainable Development

16Jul

By Steve BerlinNo Comments

Diplomacy and International Law, Foreign Aid, International Development, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

Foreign Diplomats Discuss Path To Sustainable Development

July 16, 2021—International diplomats cast a particular eye this week on the needs of the world’s poorest countries. As they met under the leadership of the U.N. Economic and Social Council (ECOSOC), representatives looked at ways the poorest countries are trying to rebound from the COVID-19 pandemic. The high-level delegation meetings come amid warnings by the OECD and others that developing countries are at a high risk for rising discontent and protests as many economies struggle to recover from the global pandemic. Sustainable Development Goals for 2030 Representatives to the meetings this week met both in person and virually. They worked on a draft agenda for sustainable development goals for 2030. The draft agenda for SDGs is a significant document for the United Nations. It...

G20 Finance Ministers Back Carbon Taxes To Fight Climate Change

12Jul

By Steve BerlinNo Comments

Climate Action, ESG, Sustainable Finance, Diplomacy and International Law, Organizations, IMF, WTO, G7, UN Security Council, Types of News: Brief

G20 Finance Ministers Back Carbon Taxes To Fight Climate Change

July 12, 2021—G20 finance ministers last week agreed carbon pricing could be an effective tool to help fight global climate change. During their meetings at the G20 High Level Tax Symposium on Tax Policy and Climate Change in Venice, Italy, the ministers also reaffirmed a 2050 target for net zero emissions of greenhouse gases, using carbon taxes as a way to get there. Photo by veeterzy on Unsplash Tools At Their Disposal While the ministers did not approve a carbon tax proposal, they acknowledged that different countries had many tools at their disposal to reduce emissions, but international cooperation is ultimately critical. Carbon Pricing, Explained Carbon pricing is a fee or tax on companies to cover the external costs of greenhouse gas emissions, such as...