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Global warming will 'decimate' G20 economies without unity: UN climate head

UN climate chief Simon Stiell on Wednesday warned G20 nations their economies face decimation and they must overcome geopolitical divisions to tackle global warming.Sidelining climate isn't a solution to a crisis that will decimate every G20 economy and has already started to hurt," said the executive secretary of the UN Framework Convention on Climate Change.
France General City Of United Kingdom United States Israel General United Arab Emirates
Source: yahoo.com

Protect farmers, fishermen in developing nations: India at WTO

India calls for a level playing field in agriculture, highlighting the disparity in subsidies provided by developed countries. They propose a 25-year moratorium on fishing subsidies beyond EEZs. They emphasize the importance of a permanent solution on public stockholding and advocate for common but differentiated responsibilities, Special and Differential Treatment, equity in fair trade, and protection of their sovereign rights.
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Piyush Goyal: Hope that countries will come to WTO meet with positive attitude like India: Piyush Goyal

India hopes for a positive outcome at the upcoming WTO meeting in Abu Dhabi, urging other countries to listen to the concerns of developing nations. Commerce Minister Piyush Goyal highlighted the WTOs role in setting trade rules but also acknowledged significant problems within the organization. The meeting will discuss various issues including agriculture, fisheries subsidies, and e-commerce trade duties. Goyal emphasized the need to conclude ongoing WTO issues like dispute resolution and refor...
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World Bank warns emerging economies need to grow 'much faster' to repay debt

The World Bank warned that high borrowing costs have "changed dramatically" the need for developing nations to boost sluggish economic growth. The multilateral lender's latest warning comes as international bond sales from emerging market governments hit an all-time record of $47 billion in January, led by less risky emerging economies such as Saudi Arabia, Mexico and Romania. Kose added that faster growth, especially a real growth rate higher than the real cost of borrowing, co...
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Source: yahoo.com

Asphalt Mixing Plants Market Size Worth $8.8 Billion by 2032 – Rise in Road Construction Projects & International Infrastructure Expansion

Asphalt mixing plants market size from USD 7.2 billion in 2022 to USD 8.8 billion in 10 years. The increased road construction drives the market's growth. Asia Pacific region emerged as the largest global asphalt mixing plants market, with a 36.7% market revenue share in 2022.Newark, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 7.2 billion asphalt mixing plants market will reach USD 8.8 billion by 2032. The recent notable expansion in the transportation and c...
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Source: yahoo.com

geopolitical tensions: UNCTAD cautions on geopolitical tensions, climate change impact on global trade

The ongoing crisis in the Red Sea shipping route is causing disruptions in global trade, raising concerns about its impact on developing nations and global food prices. The United Nations Conference on Trade and Development (UNCTAD) warns that disruptions in grain shipments from Europe, Russia, and Ukraine pose risks to global food security.
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