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UN assistant sec-gen on importance of addressing the growing debt crisis | GZERO Media

Staving off default: How unsustainable debt is threatening human progress

Three-fifths of the world's lowest income countries are debt distressed and in danger of default. Navid Hanif, assistant secretary-general for economic development at the United Nations, tells GZERO's Tony Maciulis that we need to make debt more sustainable by restructuring it. Hanif believes multilateral development banks, such as the World Bank, should offer affordable longer-term loans with lower interest rates to allow least developed countries better opportunities to deal with crises like climate change, poverty, and educating children.

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The world "is more coupled than we think" | Global Stage | GZERO Media

The world "is more coupled than we think"

Rania Al-Mashat, the Egyptian Minister of International Cooperation, tells GZERO's Tony Maciulis that the pandemic taught us how interconnected we truly are; no one nation can solve a problem as big as climate change, food insecurity, or geopolitical strife on its own. Al-Mashat makes the case for looking beyond the short term problems of inflation and toward longer-term solutions for the most pressing issues of our time.

In a conversation at the World Bank/IMF spring meetings in Washington, DC, she explains the key outcomes of last year's UN Climate Conference COP27, held in her home country, and what the road ahead looks like for climate financing and confronting the looming sovereign debt crisis.

Al-Mashat also states that in the coming months we will learn the new framework and path forward for the World Bank and IMF, institutions whose models have been both challenged and criticized during this historic period of global crises.

World faces "lost decade" of economic growth, says World Bank economist | GZERO Media

World faces "lost decade" of economic growth, says World Bank economist

The World Bank predicts that the global economy now faces a decade of lost growth, in part due to an older workforce and lower productivity. Is the way out of the looming doldrums to have a young population like Nigeria?

Yes, but those countries will need help from wealthy nations to invest in things like education to reap the benefits of their demographic divided, World Bank deputy chief economist Ayhan Kose tells GZERO's Tony Maciulis at the World Bank/IMF spring meetings in Washington, DC.

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Canada has lower risk appetite than the US, says think tank chief | US-Canada Summit | GZERO Media

Canada has lower risk appetite than the US, says think tank chief

At the US-Canada Summit in Toronto, GZERO's Tony Maciulis asks Chris Sands, head of the Wilson Center's Canada Institute, for his biggest takeaway from the recent meeting between US President Joe Biden and Canadian PM Justin Trudeau.

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Jane Harman: Trump trial a distraction away from urgent global crises | GZERO Media | GZERO Media

Jane Harman: Trump trial a distraction away from urgent global crises

GZERO caught up with former US Rep. Jane Harman at the US-Canada Summit in Toronto, hosted by the Eurasia Group and BMO Financial Group.

She shares her thoughts on why Donald Trump's trial in New York helps the former US president politically, and why Finland joining NATO is good for the Finns — and the West.

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Can surveillance prevent the next pandemic? | Illumina CEO Francis DeSouza | MSC 2023 | GZERO Media

Can surveillance prevent the next pandemic?

While the Munich Security Conference was dominated by discussions about the ongoing war in Ukraine, there were many other critical issues on the table as the world faces converging crises. One of them was health security, and how nations can apply the lessons of the COVID pandemic to future public health threats.

On the sidelines of the 2023 MSC, GZERO’s Tony Maciulis spoke to Francis deSouza, CEO of the biotech company Illumina, about how countries and regions can better communicate to stop the spread of new pathogens and the road ahead for the rapidly growing genomics industry.

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The democracy between Putin’s Russia and Xi’s China | Global Stage | GZERO Media

Mongolia: the democracy between Russia and China

After a peaceful revolution in 1990, Mongolia established a democracy that remains strong today. Freedom House, a nonprofit devoted to promoting democracy globally, rates Mongolia as “free,” with high marks for both political rights and civil liberties.

Tsakhiagiin Elbegdorj is one of the founders of Mongolia’s democracy and served as both President and Prime Minister of his nation. As he continues to advocate for freedom globally, he’s speaking out about the importance of supporting Ukraine’s struggle against Russian aggression.

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Ukraine dominates the dialogue in Munich | Global Stage | GZERO Media

Ukraine dominates the dialogue in Munich

While there are many security risks and global challenges on the agenda at this year’s Munich Security Conference, none have dominated the dialogue more than Ukraine as the war there enters a second year with no clear end in sight. From mainstage speeches to a giant banner hanging across the street from the conference venue that reads, “Ukraine Is You,” unity among Western allies is the clear message.

While there’s truth to that overall, there are many nuances and differences in approach from country to country—Estonia, for example, taking a much more absolutist stance against Vladimir Putin even as France’s President Emmanuel Macron begins to talk about Europe’s relationship with Russia after the war is over.

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