This is the News in Brief from the United Nations.
Benefits of rural migration effect often overlooked, new UN report suggests
Migration from rural areas to cities is a far greater phenomenon that international migration, with more than a billion people on the move.
That is one of the findings of the UN Food and Agriculture Organization, or FAO, annual report, which lays out the costs and benefits of migration.
It says that the benefits, such as improved livelihoods, are often overlooked, but it warns those left behind in rural areas can be overwhelmed, especially when the young and educated leave.
The study recommends the reinforcement of agricultural value and jobs, and shows that the flight to big cities can be slowed when infrastructure in small towns and rural areas is improved.
Women and girls hit hardest by rural poverty: UN International Day of Rural Women
And the fact that women and girls in rural areas are hardest hit by poverty, is being highlighted on this year’s International Day of Rural Women, which falls on Monday.
This year’s theme focuses on the importance of empowering rural women and girls, if the Sustainable Development Goals are to be achieved.
However, progress is currently slow, says the UN, and essential services for millions of rural women and girls are chronically underfunded, or simply unavailable.
‘Gloomy’ global financial picture, says new UNCTAD report
The global financial outlook is “gloomy.”
That’s the conclusion of James Zhan, Director of Investment and Enterprise at UNCTAD, the UN Conference on Trade and Development.
He was reacting to UNCTAD’s latest report which shows that foreign direct investment, a driver of the global economy, slumped by more than 40 per cent in the first half of 2018.
One of the big reasons, says Mr. Zhan, is US tax reforms.
“Global foreign direct investment in the first half of 2018 declined, and declined significantly, declined by 41 per cent.
Due to the US tax reforms, the multinational companies from the United States retained investment earnings in quite a number of countries back home to the United States.
And that affected the overall inflow numbers in those countries.”
Conor Lennon, UN News