Economic issues


The United Nations Conference on Trade and Development (UNCTAD) released a report today on how attacks on Red Sea shipping are reshaping global trade routes. Higher fuel consumption from rerouted trade could result in a 70 per cent rise in greenhouse-gas emissions for these trips, and shipping costs have skyrocketed.

In Gaza, the Office for the Coordination of Humanitarian Affairs reports the cumulative number of displaced people rose 30 per cent just over the past 24 hours to over 338,000; two thirds are taking shelter in schools run by the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).

The UN Humanitarian Coordinator in Ukraine, Denise Brown, visited Hroza today, less than 24 hours after an attack that killed dozens of civilians — calling it a barbaric consequence of the war that 20 per cent of a community can be wiped out in mere seconds. The UN is mobilizing humanitarian aid to civilians in the area.

The UN Children’s Fund reports that in Sudan at least 2 million children have been forced from their homes since the hostilities erupted four months ago, with an average of more than 700 children being newly displaced every hour. In areas with high internal displacement, disease outbreaks, including measles, are resurfacing.