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SUNS # 9053 Friday 24 January 2020

Trade : Azevedo for urgent WTO reforms to adjust to new realities (PRIV)
(D. Ravi Kanth, Geneva)
The World Trade Organization's Director-General Roberto Azevedo, speaking in the presence of the US President Donald Trump in Davos on Wednesday, spoke about the need for urgent reforms to be "effected" and for "updating" the WTO rule-book, so as to adjust to the new realities.

Finance : Cross-border bank lending expands, driven by non-bank sector (PRIV)
(Kanaga Raja, Geneva)
Global cross-border bank claims grew at 9% year-on-year, with the rapid expansion mainly due to claims on the non-bank sector, the Bank for International Settlements (BIS) has reported.

UN : UN chief, staff union predict cash crisis in 2020 - if States don't pay up (PRIV)
(IPS, New York)
UN Secretary-General Antonio Guterres declared last week that the United Nations just "managed to survive its deepest financial crisis in a decade."

Africa : Bridging the great gender-financing divide (PRIV)
(IPS, Nairobi)
What stands between Soi Cate Chelang and her dream of turning her small pallet-making business into a major enterprise is capital.

Iraq : Mosul, an epicentre of the ISIS conflict, is a devastated city (PRIV)
(IPS, London)
As Iraq this month faces the threat of new conflicts - including a proxy war between the US and Iran - the shadow of the last conflict runs long.

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