The United Nations report estimated that around 42-66 million children could fall into extreme poverty as a result of the crisis due to coronavirus this year.
The UN report said that COVID-19 is having far-reaching effects, with strong cross-border spillover effects through trade, tourism and financial linkages.
UN Secretary-General Antonio Guterres will participate as a briefer. It remains to be seen whether any press statement on the COVID-19 situation is issued after the meeting.
The UNCTAD said that advanced economies & China have put together massive govt packages which, according to the G20, will extend a USD 5 trillion lifeline to their economies.
The International Labour Organisation's report said that falls in employment meant large income losses to the tune of between $ 860 billion and $ 3.4 trillion by the end of 2020.
Dilip Sinha, the former Indian ambassador to UN, says India is not a party to any international convention that would allow a foreign entity to take it to court on human rights.
If there is any country trusted by both sides in Gaza, it is India. While some Arab and Muslim countries are mistrusted by Israel, any Western influence is doubted by Palestinians.
In 2024-25, India exported $387.54 bn worth of services, against imports of $198.14 bn, earning all-time high surplus of $189.40 bn. This offset 2/3rd of goods trade deficit.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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