World Economy

Food Crisis Escalates as 1.9 Million Face Acute Malnutrition Risk

Food Crisis Escalates as 1.9 Million Face Acute Malnutrition Risk

A recent report from the Global Network Against Food Crisis reveals a staggering rise in food insecurity, with 1.9 million people projected to face acute malnutrition in 2024—a significant increase from 705,000 last year, Anadolu Agency reported yesterday. The Global…
Halal Ingredients Global Market to Reach $395.16 Billion by 2028

Halal Ingredients Global Market to Reach $395.16 Billion by 2028

The halal ingredients market is projected to grow from $344.52 billion in 2024 to $395.16 billion by 2028, at a compound annual growth rate (CAGR) of 3.5%, News Wires reported yesterday citing the Business Research Company. According to the source,…
UN: Youth Jobless Rate Hits 15-Year Low

UN: Youth Jobless Rate Hits 15-Year Low

The global youth unemployment rate has fallen to 13% in 2023, the lowest in 15 years, according to the UN International Labour Organization (ILO). Despite this overall decline, disparities remain, particularly in Asia, the Pacific, and Arab States, where youth…
Healthy diets remain unaffordable for over 33% of world’s population

Healthy diets remain unaffordable for over 33% of world’s population

A recent report from the Food and Agriculture Organization (FAO) reveals that over a third of the global population, approximately 2.826 billion people, could not afford a healthy diet in 2022, reliefweb reported yesterday. While the percentage dropped slightly from…
Rising Temperatures Threaten Global Economy, Report Warns

Rising Temperatures Threaten Global Economy, Report Warns

A recent study has revealed an interesting, yet alarming relationship between temperature-rising patterns and global economy as published in an article yesterday by Dawn online newspaper. More details in the following report: Recent findings from the National Bureau of Economic…
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