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us funding cuts threaten jobs and stability in international geneva

The Trump administration's cuts to international development aid and withdrawal from several UN bodies have created significant uncertainty in Geneva, threatening thousands of jobs in international organizations and NGOs. With U.S. funding crucial for agencies like the IOM and UNHCR, layoffs and program halts are already underway, prompting a public debate on the future of international Geneva and its role in global diplomacy. Local authorities are struggling to respond, with a proposed emergency plan facing political opposition.

ubs reports strong q4 profit exceeding expectations despite job cuts

A total of 85 young dancers from 23 countries are participating in the 53rd Prix de Lausanne international ballet competition. Meanwhile, UBS reported a profit of $770 million in Q4 2024, exceeding expectations, and announced a 29% increase in dividends for shareholders. Despite positive market conditions, the bank is also implementing job cuts and facing challenges from a gloomy economic outlook.

g20 pledges 1.7 billion to who boosting global health funding efforts

The World Health Organization (WHO) secured $1.7 billion in new pledges at the G20 meeting, bringing total commitments to $3.8 billion for its 2025–2028 strategy. This funding, which includes significant contributions from Australia, Indonesia, Spain, and the UK, aims to enhance financial stability and flexibility for WHO's initiatives, with a goal of saving an additional 40 million lives over the next four years. The G20 reaffirmed WHO's central role in global health, emphasizing the need for sustainable financing.

g20 leaders commit to sustainable funding for world health organization investment cycle

The G20 Leaders' Summit in Rio de Janeiro marked a significant milestone for the WHO's first investment cycle, with leaders committing to sustainable financing. The total pledged now stands at $1.7 billion, contributing to a goal of $7.1 billion to enhance global health strategies and save millions of lives over the next four years. The investment cycle aims to diversify funding sources and improve the organization's financial resilience, enabling more effective responses to health crises.

world health organization urges nations to prioritize health in climate commitments

The WHO and COP29 hosts have urged countries to adopt health-focused Nationally Determined Contributions (NDCs) as global fossil fuel emissions hit record highs. Despite the health crisis linked to climate change, funding for health initiatives remains below 1% of climate finance, with many nations failing to heed warnings about the impacts of extreme weather on public health. The newly launched Continuity Coalition aims to enhance coordinated action on health and climate, emphasizing the urgent need for a transition to renewable energy and improved health infrastructure.

urgent climate action could save two million lives annually according to who

Urgent climate action could save two million lives annually, according to the WHO, which highlights the health impacts of rising temperatures and advocates for five key interventions, including heat-health warning systems and clean energy transitions. Despite health being a priority in many national climate plans, funding remains critically low, with only 6% of climate adaptation resources allocated to health. The report underscores the need for integrated health planning in climate commitments, warning that climate change could lead to 250,000 additional deaths each year by 2050.

regional health committees address conflicts and funding challenges in global health

The EMRO region's recent discussions highlighted the severe impact of conflicts in Gaza, Sudan, Yemen, and Lebanon on health infrastructure, with calls for solidarity and global cooperation to address health crises. WHO's Director General urged member states to finalize Pandemic Agreement negotiations and participate in a $7 billion investment initiative to support the organization's budget. Meanwhile, the South-East Asian regional meeting adopted resolutions on adolescent health and celebrated significant health achievements despite political unrest in Bangladesh.

world health organization secures one billion dollars to enhance funding model

The World Health Organization secured $1 billion in pledges at a fundraising event in Berlin, marking a significant step towards sustainable financing to address global health emergencies. This funding aims to support WHO's $11.1 billion strategy for 2025-28, which could save over 40 million lives. Key European nations, including Germany and the EU, have committed substantial amounts, while further appeals for funding are planned across Asia, the Middle East, and the Americas.
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