Author: mercuryoregon.com

WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions.

The IMF has reduced member borrowing costs by 36%, cutting annual surcharges by $1.2 billion. Five countries, including Argentina and Egypt, will benefit from the new policy starting November 1.

Fires in Brazil have destroyed 22.38 million hectares of forests between January and September, with the Amazon rainforest being the most affected biome, according to a report by MapBiomas.

Rafa Nadal has officially announced his retirement from professional tennis, confirming the Davis Cup final in November will mark the end of his illustrious career.

WHO warns of “collective amnesia” regarding COVID-19 and urges action to protect vulnerable groups from ongoing threats posed by respiratory viruses like influenza, RSV, and COVID-19.

The European Council has endorsed new climate finance goals ahead of COP29, reaffirming the EU’s commitment to $100 billion annually through 2025 and setting the stage for post-2025 targets.

The EU has launched a humanitarian air bridge for Lebanon, delivering critical medical supplies and shelter kits to help alleviate the ongoing economic crisis caused by prolonged political instability.

Global forest loss in 2023 reached alarming levels, with deforestation rates 45% above international climate goals, according to the latest Forest Declaration Assessment report.

BRICS ministers have agreed to establish a unified scientometric database, enhancing research transparency and collaboration across Brazil, Russia, India, China, and South Africa.

A UN report reveals that global river flows reached record lows in 2023, as prolonged droughts and climate change caused severe water shortages in key river basins across multiple regions.