The alarming surge in global debt burden calls for urgent reforms to the international financial systems to safeguard a prosperous future for both people and the planet.
(UNCTAD)* — In a new report released on 4 June, the United Nations sounded the alarm over the escalating debt burdens to global prosperity.
Titled ”A world of debt 2024: A growing burden to global prosperity”, the report highlights the unprecedented surge in public debt – comprising both domestic and external general government borrowing – which reached a historic peak of $97 trillion in 2023, up by a notable $5.6 trillion from the previous year.
Children experiencing this level of food poverty are up to 50 per cent more likely to suffer from life-threatening malnutrition, new analysis finds.
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NEW YORK, 6 June 2024 (UNICEF)* -–Around 181 million children worldwide under 5 years of age – or 1 in 4 – are experiencing severe child food poverty, making them up to 50 per cent more likely to experience wasting, a life-threatening form of malnutrition, a new UNICEF report reveals today.