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Trade :
WTO DG tenders apology for her "blunt" remarks at GC meeting (PRIV)
(D. Ravi Kanth, Yerevan)
The World Trade Organization's Director-General, Ms Ngozi Okonjo- Iweala, has apologised "for being quite direct and blunt this morning [during the morning session of the General Council meeting on 20 May]," after a reported clash with the United States, which alleged that the DG had seemingly adopted "bad faith" practices at the organization, said people familiar with the development.
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WTO :
Malaysia joins MPIA amid heightened trade turbulence (PRIV)
(D. Ravi Kanth, Yerevan)
For the 87th time, the United States on 23 May blocked a joint proposal from 130 countries for filling the seven vacancies at the Appellate Body that has been made dysfunctional by the United States since December 2019, with members like Malaysia joining the Multi-Party Interim Appeal Arbitration Arrangement (MPIA) for resolving global trade disputes expeditiously, said people familiar with the development.
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UN :
New displacement, funding squeeze intensifying Mozambique crisis (PRIV)
(Kanaga Raja, Penang)
Over 25,000 people have been newly displaced in Mozambique in a matter of weeks, joining close to 1.3 million people who have been uprooted by the armed conflict, back-to-back cyclones and drought, according to UNHCR, the UN Refugee Agency.
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