Current:Home > StocksReport: 20 of the world's richest economies, including the U.S., fuel forced labor -InvestPro
Report: 20 of the world's richest economies, including the U.S., fuel forced labor
View
Date:2025-04-17 04:04:02
The world's 20 wealthiest economies accounted for about half of the people worldwide living in "modern slavery," according to a new report.
The report released this week by Walk Free, an international human rights group, found that countries belonging to the Group of 20 major economies helped fuel forced labor through global supply chains and state-imposed forced labor. Between the 20 countries, they imported $468 billion worth of products possibly made by forced labor, with the U.S. making up nearly $170 billion of that, the report said.
"At its core, modern slavery is a manifestation of extreme inequality," Walk Free Founding Director Grace Forrest said in a statement. "It is a mirror held to power, reflecting who in any given society has it and who does not. Nowhere is this paradox more present than in our global economy through transnational supply chains."
The G-20 includes Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. the U.S. and the European Union.
Imported products that were most considered "at risk" of being affected by modern slavery were electronics, clothing, palm oil, solar panels and textiles.
Last year, the Australia-based Walk Free Foundation joined with various U.N. agencies releasing a report stating that by 2021 the number of people enslaved around the world had grown to 50 million.
The 10 countries with the highest prevalence of modern slavery are North Korea, Eritrea, Mauritania, Saudi Arabia, Turkey, Tajikistan, United Arab Emirates, Russia, Afghanistan and Kuwait, the report said.
Those countries have things in common, such as limited human and civil rights protections, political instability, or authoritarianism, Walk Free said.
The increase can also be attributed to climate change as more people are migrating due to intense weather events, leaving them more vulnerable and susceptible to exploitation, the report said.
"With 50 million people living in modern slavery today, this Global Slavery Index demands immediate action. Walk Free is calling on governments around the world to step up their efforts to end modern slavery on their shores and in their supply chains. We know the scale of the issue and have the knowledge and the policies needed to act. What we need now is political will."
veryGood! (67)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- Teen Wolf's Tyler Posey Engaged to Singer Phem
- Vanderpump Rules Reunion Pt. 2 Has More Scandoval Bombshells & a Delivery for Scheana Shay
- Is Climate-Related Financial Regulation Coming Under Biden? Wall Street Is Betting on It
- Average rate on 30
- Is 100% Renewable Energy Feasible? New Paper Argues for a Different Target
- In Maine, Many Voters Defied the Polls and Split Their Tickets
- Biden says U.S. and allies had nothing to do with Wagner rebellion in Russia
- A South Texas lawmaker’s 15
- Trump heard in audio clip describing highly confidential, secret documents
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Court dismisses Ivanka Trump from New York attorney general's fraud lawsuit
- Supreme Court takes up dispute over educational benefits for veterans
- 13-year-old becomes first girl to complete a 720 in skateboarding – a trick Tony Hawk invented
- Questlove charts 50 years of SNL musical hits (and misses)
- The Pregnant Workers Fairness Act is a game changer for U.S. women. Here's why.
- Was a Federal Scientist’s Dismissal an 11th-hour Bid to Give Climate Denial Long-Term Legitimacy?
- SZA Details Decision to Get Brazilian Butt Lift After Plastic Surgery Speculation
Recommendation
Arkansas State Police probe death of woman found after officer
Jesse Tyler Ferguson’s Father’s Day Gift Ideas Are Perfect for the Modern Family
Lily-Rose Depp Recalls Pulling Inspiration From Britney Spears for The Idol
Video shows shark grabbing a man's hand and pulling him off his boat in Florida Everglades
The Grammy nominee you need to hear: Esperanza Spalding
Remains of missing actor Julian Sands found in Southern California mountains
Katharine McPhee's Smashing New Haircut Will Inspire Your Summer 'Do
Top Chef Star Gail Simmons Shares a Go-to Dessert That Even the Pickiest Eaters Will Love