Overall economic growth remains disconnected from employment generation, the United Nations International Labour Organization (ILO) has warned, noting that young people continue to suffer from persistent unemployment and lack of quality job opportunities.

US President Donald Trump and his Chinese counterpart Xi Jinping have set out starkly different visions for the future of global trade in speeches at a summit in Vietnam. In a defiant address, Trump told the Asia-Pacific Economic Co-operation (APEC) meeting that the US would no longer tolerate "chronic trade abuses". In contrast, President Xi said globalization was irreversible.

The existence of economic warfare was perceived as early as in the 19th century by intellectuals of the caliber of Victor Hugo and academicians from diverse fields as the ineluctable evolution of the logic of conflict, which, from material war waged on battlegrounds by soldiers with arms, would be transformed into a “softer” form of encounter between nations in the international marketplace, and subsequently into a free exchange of ideas among free spirits.

On July 14, 2015, the P5+1, the European Union, and Iran reached an agreement under the Joint Comprehensive Plan of Action (JCPOA). The agreement stipulated that all UN Security Council sanctions as well as all multilateral and national sanctions related to Iran’s nuclear program would halt in exchange for a commitment from Iran to roll back its nuclear activities.

In the past year, Bitcoin has risen more than 700%.  With such a meteoric rise, antagonists are coming out. Recently the bashing of Bitcoin at the hands of major financial players such as Jamie Dimon and Saudi Prince Al-Waleed, claiming that Bitcoin is a fraud and Ponzi scheme.

According to the United Nations, there are three times more internal migrants than international migrants in the world. However, these migrants command much less attention in political debate and planning processes than international migrants.

The BRICS (Brazil, Russia, India, China and South Africa) has emerged as the new destination for the global peace and development (GPDP) and bound to create a new space wedded to the idea of global sovereign equality (GSE) enshrined in Article 4 of the UN Charter.

Authors: Krishna Raghav Chaturvedi & Vikas

Economics is a strange subject. There are many ways to define economics. The father of Economics Adam Smith characterized Economics as “An inquiry into the nature and cause of wealth of nations”. However, there is no concrete definition as no single definition is globally accepted.

On World Tourism Day, the United Nations underscored the potential of sustainable tourism to advance economic, social, environmental and cultural sustainable development.

Ten years on from the global financial crisis, the prospects for a sustained economic recovery remain at risk due to a widespread failure on the part of leaders and policy-makers to put in place reforms necessary to underpin competitiveness and bring about much-needed increases in productivity, according to data from the World Economic Forum’s Global Competitiveness Report 2017-2018, published today.

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