The annual Forbes 400 list of the richest people in the US has been released, and a record 169 people with a net worth more than $1 billion were not included. President Donald Trump ranks 248th with an estimated worth of $3.1 billion.
The United Nations Security Council held a moment of silence Tuesday to pay tribute to the victims of Saturday's bombing in Somalia that killed more than 300. Secretary-General Antonio Guterres met with Somali Minister of State Abdullahi Hamud.
Displaced Rohingya Muslims must be allowed safe return to their homes, and humanitarian organization must be allowed to provide aid in the Rakhine state, says Jeffrey Feltman, United Nations under-secretary-general for political affairs. Feltman returned from a five-day visit to Myanmar, where he met with leaders and saw Rohingya villages that had been burned.
The news that US-backed Syrian forces have reportedly captured Raqqa, Iraq, from Islamic State militants is good for humanitarian aid delivery in the region, said World Food Program Middle East Director Muhannad Hadi. Militants remain scattered throughout the city, a coalition official said Tuesday.
Gender inequality has serious repercussions for women's health, work life and earning potential, says Natalia Kanem, the head of the United Nations Population Fund. Equal opportunities for women could add $12 trillion to the global economy, according to the McKinsey Global Institute, but that requires universal access to family planning and childcare, increasing school attendance and other factors, Kanem says.
The global economy must be decarbonized by 2050 to avoid climate disaster, which means investing in different kinds of infrastructure, says former United Nations climate chief Christiana Figueres. "If we had agreed on the Paris Agreement 10 or 20 years ago, we would still have a few years to do what we need to do," she says.
United Nations Secretary-General Antonio Guterres is urging the Security Council to increase peacekeeping forces in the Central African Republic. A United Nations report indicates that internal displacements are rising while aid appeals go unmet.
Habitat for Humanity has launched a $100 million fundraising campaign, the proceeds of which will go to help more than 6,000 families affected by hurricanes Harvey, Irma and Maria. "We're in the midst of one of the largest housing disasters we have ever experienced in the United States," said Jonathan Reckford, CEO of Habitat for Humanity International.
The proposed blueprint for tax reform could cost the nonprofit sector millions of dollars in lost charitable contributions -- an issue that could be greatly reduced by the adoption of the Interest for Others Act of 2017, write William Dolan and John James of the Interest for Others Foundation. If approved, the measure would allow taxpayers to exclude up to $50 of taxable "dormant" interest and dividend income, per bank account, given to charity.
About 40% of people in the US have no philanthropic history and can't be counted as potential donors due to their lack of assets, according to Blackbaud's Target Analytics. The report also found that donors who gave more over the course of their lifetime were also more likely to be highly educated, married and have a higher net worth.
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