Newspaper article St Louis Post-Dispatch (MO)

World for Fri. 190405

Newspaper article St Louis Post-Dispatch (MO)

World for Fri. 190405

Article excerpt

U.N. urges financial overhaul

A U.N. task force comprising more than 60 international organizations called Thursday for an overhaul of national and international financial systems, warning that current arrangements can't tackle climate change, poverty, inequality and other urgent development issues. The task force -- including the International Monetary Fund, World Bank Group and World Trade Organization -- said in a new report that mobilizing sufficient financing remained "a major challenge" to achieve the 17 U.N. development goals for 2030 aimed at ending poverty and preserving the environment.

Nations rush to claim Arctic - Russia has made reaffirming its presence in the Arctic a top goal, as President Vladimir Putin cited estimates of Arctic mineral riches at $30 trillion. As shrinking polar ice opens fresh opportunities for resource exploration and shipping lanes, the U.S., Canada, Denmark, Norway and China have shown increasing interest in the region. The post of special U.S. representative for the Arctic has remained vacant since President Donald Trump assumed office.

Expanding free trade is 'difficult,' WTO chief says - The World Trade Organization sees a "challenging" and "difficult" road ahead for international trade liberalization in the current political climate. WTO director-general Roberto Azevedo said Thursday that he was confident Mexico and the United States could sort out their current trade difficulties, which include a border-crossing slowdown, U.S. threats to close the border and the still-pending ratification of the U.S.-Mexico-Canada trade agreement. But the fight to expand free trade "is going to be challenging, is going to be difficult, above all because of the political conditions we have in the world today."

Private Israeli spacecraft in lunar orbit - The first privately funded spacecraft to journey to the moon passed its most crucial test yet on Thursday when it dropped into lunar orbit one week ahead of landing. …

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