Trade and development


The World Food Programme (WFP) warns that over 1 million people in Myanmar will be cut off from food assistance, starting in April, due to critical funding shortages. The cuts will also impact almost 100,000 internally displaced people in Rakhine, who will have no access to food without WFP assistance.

The UN, along with humanitarian aid partners, last night launched a response plan calling for $9 million to support 43,000 people impacted by Hurricane Beryl in Grenada and Saint Vincent and the Grenadines. Immediate action is crucial, particularly in light of what is expected to be a very intense hurricane season.

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 Sudan, the UN refugee agency reports that 4.5 million people have been internally displaced, while 1.2 million others have fled to Chad, Egypt and South Sudan, as well as Ethiopia and the Central African Republic. That is almost 6 million people who have been forced to move since the start of fighting in April.