Economic Development

UN guidelines unveiled to prevent rising hearing loss among young smartphone listeners

More than one billion 12 to 35-year-olds, risk irreversible hearing loss from exposure to loud sounds such as music played on their smartphone, UN health experts said on Tuesday, unveiling new guidelines to help address the problem.

As inequality grows, the UN fights for a fairer world

The 2030 Agenda for Sustainable Development – the UN’s blueprint for a better and more sustainable future for all – calls for a reduction in inequality between and within countries. Nevertheless, global inequality is increasing. So what can be done?

Nearly two-thirds of children lack access to welfare safety net, risking ‘vicious cycle of poverty’

More than six in 10 children globally lack access to social protection, leaving them particularly vulnerable to falling into chronic poverty, the UN said on Wednesday, warning also that some governments are cutting State cash entitlements, amid continuing economic uncertainty.

Neither side stands to benefit in US-China trade spat, UN says

The tit-for-tat trade dispute between China and the United States may do little to protect domestic producers in either country and could have “massive” implications on the global economy unless it is resolved, United Nations experts said on Monday.

Boom in Artificial Intelligence patents, points to ‘quantum leap’ in tech: UN report

The “upsurge” in patent applications for devices and machines powered by Artificial Intelligence (AI) in the last five years, suggests that it could soon revolutionize all areas of daily life far beyond the tech world, a UN report suggested on Thursday.

Guterres in Davos: ‘Dysfunctional’ response to common problems, shows need for effective multilateralism

The world’s problems are “more and more integrated” but the response to them is increasingly “fragmented” and “dysfunctional”, UN Secretary-General António Guterres said on Thursday, in an appeal for governments and other partners to respond to people’s grievances and recommit to international cooperation.

UN chief urges top digital tech panel to come up with ‘bold, innovative ideas’ for an 'inclusive' future

Key discussions among global decision-makers and influencers have taken place at the UN in Geneva this week, aiming to limit the growing risk of international cyber-attacks while promoting the advantages of digital technology, amid a call by the UN chief for “bold, innovative ideas”.

‘Countless opportunities’ for new people-centred workplace, but ‘decisive action’ critical

Unprecedented innovations in the world of work provide “countless opportunities” but unless they are embraced through action, inequality and uncertainty will only widen in the workplace, according to a landmark new International Labour Organization (ILO) report released on Tuesday.

Human rights are ‘key’ for economic policymaking says UN expert

Calling on governments to take human rights obligations into account when designing economic reforms, an independent United Nations rights expert said on Monday that “human rights impact assessments are key to the process”.

Global economy to see ‘steady’ growth of three per cent in 2019 despite risks, says UN

The global economy grew at a “steady” 3.1 per cent last year and similar levels of growth are expected in 2019, but these headline figures mask growth that is uneven and often failing to reach where it is most needed, the UN’s chief economist warned on Monday.