Browsing: global cooperation

If the U.S. withdraws from the World Bank, the China-led Asian Infrastructure Investment Bank (AIIB) could fill the void. As nations seek alternative funding sources, AIIB’s collaborative model may reshape global finance and enhance international cooperation.

Brazil has urged the United Nations to reconsider a proposed levy on global shipping, arguing that it could hinder economic recovery and disproportionately impact developing nations. The country emphasizes the need for equitable solutions in maritime trade.