Global Economy News
LAST UPDATE: September 24, 2025
Guterres Warns World Has Entered Age of ‘Reckless Disruption’
UN Secretary-General Antonio Guterres warned the world has entered an “age of reckless disruption” and “relentless human suffering.” He stated that the pillars of peace and progress are buckling under the weight of inequality, impunity, and indifference.
Insight
Guterres’s stark warning reflects a growing concern among international leaders about the state of global affairs. It emphasizes the need for a return to international cooperation and multilateralism to address complex, interconnected global crises.
UN chief warns ‘aid cuts are wreaking havoc’ amid slashed budgets
The UN’s top humanitarian official has warned that aid cuts are “wreaking havoc” as global budgets for humanitarian assistance are being slashed. The official stated that the funding cuts have forced the organization to “hyper-prioritize” its work, putting millions of lives at risk.
Insight
This statement highlights a major crisis in global humanitarian efforts, where the need for aid is increasing while funding is decreasing. It is a critical warning about the consequences of aid budget cuts on vulnerable populations around the world.
Trump tells world leaders their countries are ‘going to hell’ in combative UN speech
In a combative speech at the UN, President Trump told world leaders their countries were “going to hell.” He criticized “open border” policies and praised his own policies on immigration and trade.
Insight
Trump’s confrontational rhetoric at the UN is a departure from traditional diplomatic norms. It signals a shift away from multilateral cooperation and toward a more nationalist, “America First” approach to foreign policy, as he often plays to his domestic base rather than the international audience.
Trump blasts UN for not helping U.S.-led peace efforts, but backs it 100%
President Trump criticized the UN for not supporting US-led peace efforts, but also stated that he backed the organization “100%.” He highlighted his administration’s successful resolution of conflicts without the UN’s help, while also calling on the organization to be more effective.
Insight
This is a contradictory statement that reflects a complex view of international relations. On one hand, it shows a distrust of the UN’s bureaucracy; on the other, it indicates a desire for the organization to be more aligned with US foreign policy goals.
Trump calls climate change ‘greatest con job ever’
In a speech at the UN, President Trump called climate change the “greatest con job ever perpetrated on the world.” He dismissed global efforts to combat it as a “fake energy catastrophe” and warned that green energy policies were “destroying” economies.
Insight
Trump’s statements at the UN signal a rejection of international climate accords and a continuation of his skepticism towards climate science. This stance puts him at odds with the majority of world leaders and could undermine global cooperation on environmental issues.
US says dismantles possible telecom network threat to UN summit
The US Secret Service announced it has dismantled a possible telecom network threat to the UN summit in New York. The network of electronic devices was believed to be capable of disrupting cellular communications and was found in the vicinity of the UN General Assembly.
Insight
The dismantling of this network highlights the sophisticated and persistent nature of threats to major international events. It underscores the critical role of intelligence and law enforcement agencies in protecting diplomatic gatherings from potential cyber and physical attacks.
EU, WHO counter Trump’s warnings on autism and pregnancy
The EU and the World Health Organization (WHO) have countered President Trump’s warnings about a link between the common pain medication paracetamol (Tylenol) and autism. Both organizations reiterated the drug’s safety for use during pregnancy, stating that available evidence does not support such a link.
Insight
The swift response from the EU and WHO to Trump’s claims demonstrates the seriousness with which health organizations treat unsubstantiated public health warnings from a major world leader. It highlights the importance of relying on scientific consensus to inform public health guidance.
