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Digital Giants Dominate Global Markets: 7 Companies Control Nearly 50% of Digital Space
The UN Trade and Development (UNCTAD) Global Trade Update, released 8 July 2025, emphasizes today that seven global companies out of ten have now become digital giants across sectors (cloud, e-commerce, AI, and digital advertising). In 2017 their combined share was 21%, and by 2025 it had increased to 48%
Empowering Women for Stronger Economy: The Urgency of Closing the Gap
These gaps create significant economic costs. Women earn 77 cents for every dollar paid to men and are likely to retire with smaller pensions. Gender gaps could increase global GDP by around 20%, but there has been progress at a slower rate. Experts advocate for the urgent acceleration of legal and policy changes needed to include women, as excluding women not only jeopardizes fairness but also economic growth
2 Billion People Still Lack Access to Safe Water, Sanitation
Drinking water coverage increased from 68% to 74%, causing 961 million more people to gain such access, while rural coverage increased from 50% to 60%, although urban coverage stabilized at 83%. Despite these benefits, one of the shocking 2.1 billion people is one in about four that still has safely managed drinking water
Scotland's Economy Sees Robust 0.6% Growth in June 2025, Driven by Services and Manufacturing
Scotland's economy documented a GDP rate that increased 0.6 percent in June 2025. This was released by the chief statistician, highlighting that there is a robust performance compared to May, when the development level earned up to 0.1 percent, suggesting a fall after earlier estimation
EU and Jordan Sign €500 Million Macro-Financial Aid Package to Boost Economic Stability
The agreement signed in Amman represents the fourth MFA program provided to Jordan and underlines the long-term commitment of the European Union under the European Union's Jordan strategic and comprehensive partnership. With the expectation of the first payment within a month, more than two and a half years of support will be issued in three installments
Hyundai Motor Group Boosts US Investment to $26 Billion, Creating 25,000 Job
Hyundai Motor Group revealed it plans to increase its investment in the United States to $26 billion by 2028, reinforcing its presence in the U.S. automotive, steel, and robotics segments while indicating South Korea’s growing economic relationship with Washington. This loyalty marks a $5 billion increase over the $21 billion package disclosed in March
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Climate Change Threatens Global Health & Poverty: Urgent Action Needed
Climate issues such as heat stress, diarrhea, malaria, and hunger can cause 250,000 deaths a year between 2030 and 2050, which challenges an important frame of adaptation. The fee, including only health systems and other areas such as agriculture and hygiene, is expected to reach USD $2 to 4 billion annually by 2030. The countries most at risk will be those that are developing countries, as they will have further weakened health systems
The Rising Cost of Nutrition: Can everyone afford a healthy diet?
The (SOFI) report of 2025 says that low-income nations, especially those in Sub-Saharan Africa, need to become a global movement towards more affordable, healthy diets. Based on the report, even if the global average price of a healthy meal increases to $4.46 per individual per day in 2024, only 48.8 million fewer individuals would still not be in a position to afford it, leaving close to 2.6 billion individuals in poverty
Blended Finance: Bridging Fragmented Aid and Development Needs
The International Development Association (IDA), sees more than 90% of its financing go through national budgets and gets each donor dollar to translate into $3 to $4 in tangible results, representing the importance of scale and management
Economy growing fast, but youth employment isn't keeping up
Youth unemployment remains high across many pats of Asia and the Pacific unemployment rates, 2025. Young people are willing and able to work but do not get jobs; they face many struggles and obstacles in the world
