Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Global South | Statement: [Trade and Development Report, hasPerspective, Global South]

Target entity: Global South
Context triple: [Trade and Development Report, hasPerspective, Global South]

• A. global South chosen
  The global South refers to the less economically developed regions of Latin America, Africa, Asia, and Oceania that share histories of colonialism and ongoing struggles for economic and social justice in the global system.
• B. Third World
  The Third World refers to the group of nations—mostly in Africa, Asia, and Latin America—that were historically non-aligned or less economically developed during the Cold War, often contrasted with the capitalist First World and communist Second World.
• C. Sector Latino
  Sector Latino is a passionate supporters’ group known for creating a vibrant, Latin American–influenced atmosphere at Chicago Fire FC matches.
• D. South–South cooperation
  South–South cooperation is a framework for collaboration among developing countries in the Global South to share knowledge, skills, resources, and technology in pursuit of common development goals and greater collective self-reliance.
• E. Latin America
  Latin America is a culturally diverse region of the Americas, spanning Mexico, Central and South America, and much of the Caribbean, where Romance languages—primarily Spanish and Portuguese—predominate.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.