Five Global Crises Affecting Living Standards The intricacies of global living standards have many layers, as highlighted by a UN-backed report. Exploring these issues reveals how intertwined our world’s challenges are. The Perils of Inaction Indeed, doing nothing about these crises is not without its consequences. The cost of ignoring them is astronomical, impacting adverselyGlobal Economy Faces $25 Trillion Annual Loss Due to Environmental Harm
## South Africa’s Budget Update to Focus on Infrastructure Investment ### Investment in Infrastructure South Africa’s Finance Minister is set to prioritize investment in infrastructure next month. This budget update will be the first under the nation’s newly established coalition government. [Duncan Pieterse](https://en.wikipedia.org/wiki/Duncan_Pieterse), the head of the National Treasury, confirmed this. ### A New CoalitionSouth Africa’s Latest Budget Emphasizes Infrastructure Development