With Canada’s annual inflation rate hitting a new high last month, some analysts predict that as the economy rebounds from COVID-19, certain sectors will finally level off, while others will continue to see increasing demand and prices for the foreseeable future. With a 3.6 percent increase in May, Canada’s annualContinue Reading

Every year on June 17, as mandated by the United Nations, the World Day to Combat Desertification and Drought is observed to combat the degradation of land in arid, semi-arid, and dry sub-humid areas as a result of climate change and human activities that have a negative influence on theContinue Reading

Mitsubishi Corporation of Japan will invest in a 600-MW onshore wind farm in Laos that would provide electricity to Vietnam. The company said today that it has struck an agreement to invest in Impact Energy Asia Development Ltd, the project’s developer, through an intermediate holding company with a group businessContinue Reading

China has recently been criticized by the G7 countries on the problem. The organization is looking for a new investigation into the origins of the unique coronavirus. The G7 resolution calls for a WHO-convened Phase 2 COVID-19 Origins research that is prompt, transparent, expert-led, and science-based, including, as recommended byContinue Reading

The United States and the European Union have agreed to settle their 17-year dispute over aviation subsidies to Airbus SE and Boeing Co., which saw the allies levy tariffs on each other’s exports worth $11.5 billion. The European Commission spent Monday night debating the agreement with member states in orderContinue Reading

Australia’s Minister for Trade Dan Tehan announced on Tuesday that the United Kingdom and Australia had reached an agreement on a trade deal after meetings between their prime ministers ironed out outstanding concerns. Britain had considered achieving a trade deal with Australia a top priority for its post-Brexit plan asContinue Reading

According to the United Nations, the COVID-19 pandemic has done little to stem the spread of war, violence, and prejudice, with the newest study estimating that there would be 3 million more refugees around the world in 2020. COVID -19 appears to have had no impact on some of theContinue Reading

Secretary-General António Guterres, speaking via videolink from London, said there was no other way to combat a virus that spreads “like wildfire” throughout impoverished nations and risks mutating except through equitable, widespread vaccination, adding that injections must be “available and inexpensive to all.” Mr. Guterres praised the International Monetary FundContinue Reading

On June 12, the United Nations General Assembly approved Costa Rican economist Rebecca Grynspan’s candidacy to lead the UN agency for trade and development, making her the first woman and Central American to manage the Geneva-based organization. Secretary-General Antonio Guterres nominated her to be the secretary-general of the United NationsContinue Reading

Ghana received 185 votes, Gabon 183, UAE 179, Albania 175, and Brazil 181 votes, according to the final result. Peru and Iran each received one vote, while the Democratic Republic of the Congo (DRC) received three. The United States, the United Kingdom, France, Russia, and China are the five permanentContinue Reading