Current:Home > InvestReport: 20 of the world's richest economies, including the U.S., fuel forced labor -TruePath Finance
Report: 20 of the world's richest economies, including the U.S., fuel forced labor
PredictIQ Quantitative Think Tank Center View
Date:2025-04-11 03:59:04
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! (534)
Related
- What to watch: O Jolie night
- 34 in police custody after pro-Palestinian protest at Brooklyn Museum, damage to artwork reported
- Marco Troper, son of former YouTube CEO Susan Wojcicki, died from an accidental overdose
- A strong economy means more Americans are earning $400K. What's it mean for their taxes?
- A South Texas lawmaker’s 15
- At least 50 deaths blamed on India heat wave in just a week as record temperatures scorch the country
- Champions League final highlights: Real Madrid beats Dortmund to win 15th European crown
- Charlotte police plan investigation update on fatal shootings of 4 officers
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Will Smith makes rare red-carpet outing with Jada Pinkett Smith, 3 children: See photos
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- With strawberries and goats, a ‘farmastery’ reaches out to its neighbors
- Oregon officials close entire coast to mussel harvesting due to shellfish poisoning
- Live Nation reveals data breach at its Ticketmaster subsidiary
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Whistleblower lawsuit alleges retaliation by Missouri House speaker
- Drew Brees said he could have played another three years in NFL if not for arm trouble
- With strawberries and goats, a ‘farmastery’ reaches out to its neighbors
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
From his Montana ranch, a retired lawmaker in a crowded House race is angling for a comeback
Kansas City Chiefs visit President Joe Biden at White House to celebrate Super Bowl win
Pato O’Ward looks to bounce back from Indy 500 heartbreaker with a winning run at Detroit Grand Prix
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Ohio explosion caused by crew cutting gas line they thought was turned off, investigators say
Lawsuit ends over Confederate monument outside North Carolina courthouse
100 years ago, US citizenship for Native Americans came without voting rights in swing states