UN Advances Crimes Against Humanity Treaty as Saudi Arabia's Vision 2030 Fuels Economic Transformation Amid Global Political Shifts
UN advances talks on crimes against humanity treaty after Russia retracts hindering proposals, gaining support from 98 nations.
The United Nations has taken a bold step by advancing talks for a groundbreaking treaty on crimes against humanity, following Russia's decision to retract proposals that might have hindered the process. With backing from 98 nations, including Mexico and Gambia, the resolution aims to fill existing legal gaps, setting the stage for preparatory sessions in 2026, with negotiations spanning 2028 to 2029.
In the Philippines, tensions have escalated as President Ferdinand Marcos's security team increases vigilance amid threats linked to Vice President Sara Duterte. Her alleged instructions to retaliate if she were harmed have further strained the Duterte-Marcos family dynamics, intensifying the charged political atmosphere leading up to the 2025 mid-terms and the 2028 presidential elections.
Turning our attention to the Middle East and North Africa, the startup scene is thriving as international investors flock to the region. With significant interest growing, MENA's share of startup investments is projected to reach 51% by 2024, highlighted by Saudi fintech EdfaPay raising $5 million and networking app Bubbl securing $350,000, despite ongoing global economic challenges.
As we delve into Saudi Arabia, the nation is leveraging its $3 trillion in resources and young workforce as part of Vision 2030 to drive economic growth. This ambitious plan focuses on diversifying away from oil, with major investments targeting sectors like mining, infrastructure, and tourism over the coming decade.
In line with Vision 2030, Saudi Arabia's aspirations to host the 2034 FIFA World Cup are set to massively impact its economy and infrastructure. The Kingdom aims to create 1.5 million jobs and boost GDP by up to $14 billion, while preparing for an influx of tourists with enhanced hotel, stadium, and transportation facilities.
Finally, Saudi Arabia’s economic progress gets a nod from Moody's, which has upgraded the country's credit rating to Aa3, reflecting strides in diversification and fiscal management. The non-oil sector continues to expand, promising GDP growth and bolstering the Kingdom's resilience against oil market fluctuations.
In the Philippines, tensions have escalated as President Ferdinand Marcos's security team increases vigilance amid threats linked to Vice President Sara Duterte. Her alleged instructions to retaliate if she were harmed have further strained the Duterte-Marcos family dynamics, intensifying the charged political atmosphere leading up to the 2025 mid-terms and the 2028 presidential elections.
Turning our attention to the Middle East and North Africa, the startup scene is thriving as international investors flock to the region. With significant interest growing, MENA's share of startup investments is projected to reach 51% by 2024, highlighted by Saudi fintech EdfaPay raising $5 million and networking app Bubbl securing $350,000, despite ongoing global economic challenges.
As we delve into Saudi Arabia, the nation is leveraging its $3 trillion in resources and young workforce as part of Vision 2030 to drive economic growth. This ambitious plan focuses on diversifying away from oil, with major investments targeting sectors like mining, infrastructure, and tourism over the coming decade.
In line with Vision 2030, Saudi Arabia's aspirations to host the 2034 FIFA World Cup are set to massively impact its economy and infrastructure. The Kingdom aims to create 1.5 million jobs and boost GDP by up to $14 billion, while preparing for an influx of tourists with enhanced hotel, stadium, and transportation facilities.
Finally, Saudi Arabia’s economic progress gets a nod from Moody's, which has upgraded the country's credit rating to Aa3, reflecting strides in diversification and fiscal management. The non-oil sector continues to expand, promising GDP growth and bolstering the Kingdom's resilience against oil market fluctuations.
