Global Governance

Experts warn that slowing global growth and elevated price levels could combine in a scenario akin to stagflation, while debt vulnerabilities across public, corporate and household sectors could amplify financial instability.

Opening the hearings, Judge Iwasawa Yuji, President of the Court, outlined a detailed schedule that includes two rounds of pleadings by Gambia and Myanmar, as well as closed sessions to hear testimony from witnesses called by the applicant State.

A groundbreaking new report by the International Centre for Integrated Mountain Development (ICIMOD) reveals that the region requires approximately USD 12.065 trillion from 2020 to 2050 to adequately fund climate adaptation and mitigation efforts.

Bangladesh ranks among the world’s most climate‑vulnerable countries while contributing less than one per cent of global GHG emissions, facing recurring climate induced disasters that damage agriculture, infrastructure and livelihoods, with annual climate finance needs estimated at over USD 26 billion, especially for adaptation and loss and damage.

The new campaign criticises the international community’s shift toward what the group calls “silence and normalization.” Despite widespread initial outrage, some countries have engaged with the Taliban on pragmatic grounds.

The minister said that the government is also pursuing new free trade agreements and working to improve the utilisation of existing FTAs.

Consumer confusion exacerbates the issue. In the US, 6 per cent of waste – 3 billion pounds worth $7 billion – stems from misreading labels like “Sell by” (for retailers) or “Best if used by” (peak quality), prompting premature discards of safe food.

The body plays a central role in reviewing project proposals, approving budgets, and setting the inter-governmental agenda for regional cooperation.