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Global youth unemployment rate at all-time high, UN labour agency reports

The global youth unemployment rate is at a record high and is expected to climb even higher as the year progresses, the United Nations International Labour Organization (ILO) announced today. According to a new report, of the world’s 620 million economically active youth between the ages of 15 and 24, 81 million were out of work at the end of 2009, the highest number ever. The youth unemployment rate climbed from 11.9...

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Rich countries' emissions at record low by John Vidal

Greenhouse gas emissions from rich countries fell a record 7 per cent in 2009 because of the recession, but the cut was entirely nullified by steep increases from fast-growing China and India, according to one of Europe's leading scientific research groups. Overall, this meant annual global climate emissions remained steady for the first time since 1992, says the Netherlands Environmental Assessment Agency which drew on energy-use data from the U.S. government,...

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Food inflation hit war on poverty by Chetan Chauhan

Rising food prices and economic crisis have eaten into the gains made by India and the world in reducing poverty during the first half of this decade, a United Nations report released on Wednesday said. "Newly updated estimates from the World Bank suggest the crisis will heave an some 64 million into extreme poverty by end of 2010, principally in sub-Saharan Africa and South Asia," the Millennium Development Goals, 2010 report...

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Too many businesses neglecting human rights, corruption concerns – UN survey

Corruption and human rights issues continue to be neglected by companies despite ongoing interest in United Nations-led efforts to ensure ethical corporate conduct, according to the findings of a new survey by a global initiative that seeks to foster responsible business practices. The UN Global Compact surveyed a total of 1,044 businesses in 97 countries, representing nearly 20 per cent of all of the initiative’s participants last year, and the...

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FAO sees bigger 2010 grain crops, price pressure by Svetlana Kovalyova

World cereals output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the UN’s food agency said on Thursday. The global wheat output is forecast to fall for the third consecutive year, but at 676.5 million tonnes it would still be close to 2008 record levels, the Food and Agriculture Organization (FAO) said, raising its earlier forecast for 2010. Overall cereals output...

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