The Association of Southeast Asian Nations (ASEAN) and the European Union (EU) held their 33rd Joint Cooperation Committee (JCC) Meeting on Thursday, 11 June 2026 in Jakarta, Republic of Indonesia.ASEAN and the EU reviewed recent developments in their respective regions since the last JCC Meeting held on 16 June 2025, including the challenging global geopo...
Jump to the transcript of the questions and answersGood afternoon, the Vice-President and I welcome you to our press conference.The Governing Council is committed to setting monetary policy to ensure that inflation stabilises at our two per cent target in the medium term. In line with this commitment, we today decided to raise the three key ECB interest ra...
The Governing Council is committed to setting monetary policy to ensure that inflation stabilises at its 2% target in the medium term. In line with this commitment, it today decided to raise the three key ECB interest rates by 25 basis points. The war in the Middle East is generating inflation pressures, and the decision to raise rates is robust across a r...
WASHINGTON, June 11, 2026—The conflict in the Middle East is expected to slow global growth to the lowest rate since the onset of the COVID-19 pandemic amid higher energy prices, steeper inflation, and increased borrowing costs , according to the World Bank Group’s latest Global Economic Prospects report. Global growth is forecast to slow to 2....
A More Complex Energy LandscapeThe Asia-Pacific’s energy future is entering a more complex phase. Electricity demand is rising rapidly. Economies are accelerating digitalization and artificial intelligence (AI) deployment. Climate-related disruptions are becoming more frequent. At the same time, governments are under growing pressure to ensure energy rema...
At the Committee on Trade Facilitation meeting on 10-11 June 2026, WTO members continued discussions on a total of 25 proposals submitted under the second review of the Trade Facilitation Agreement (TFA). Members also agreed to hold a dedicated session on trade facilitation issues for small economies and discussed transit issues facing landlocked developin...
At an event in London on 10 June, Deputy Director-General DJ Nordquist emphasized that the WTO continues to provide the foundation for the large majority of global trade, even as the trading system adapts to new technologies, shifting supply chains and geopolitical uncertainty. She also stressed the importance of advancing WTO reform while preserving the p...
Through UNESCO's Global Skills Academy, the Technical Education and Skills Development Authority (TESDA) is collaborating with the UNESCO-UNEVOC International Centre for TVET and the HP Foundation's HP LIFE programme to expand access to free digital skills and artificial intelligence training.CrizzyStudio/Shutterstock.com10 June 2026Last update:16 ...
Sustainable Finance at UNDP: The Engine of Development5.36 MBDownloadDespite unprecedented levels of global wealth, developing countries continue to face a US$4.3 trillion annual financing gap to achieve the Sustainable Development Goals (SDGs). Sustainable Finance at UNDP: The Engine of Development – Making National Priorities Investable highlights how t...
By Luz Maria de la Mora, Director of the Division on International Trade and Commodities, UN Trade and Development (UNCTAD)Default image copyright and description© Shutterstock/ultramanskThe global economy is changing rapidly. Digital trade, climate action, supply-chain security and geopolitical competition are all influencing how countries shape trade po...
