Economic Development

UN trade body calls for halting cryptocurrency rise in developing countries

The UN trade and development body, UNCTAD, has called for action to curb cryptocurrencies in developing nations, in three policy briefs published on Wednesday. 

From the Field: Outreach across the Horn of Africa

In July, a UN human rights officer embarked on an outreach visit to the Horn of Africa’s Sool and Sanaag regions, a seven-day round-trip of more than 1,600 kilometres by road.

More lifesaving grain shipments authorized to leave Ukraine

Three more ships have been given the green light to leave Ukraine’s Black Sea ports on Friday, carrying just over 58,000 tons of corn, in a move that will raise hopes further for the success of a UN initiative aimed at lowering prices of essential foods and easing the global crisis.

UNFPA global innovation awards: 10 projects that will change lives of women and girls

The UN’s sexual and reproductive health agency, UNFPA, has announced the ten winners of its first ever Joint Innovation Challenge; a cutting edge competition to provide funding for social enterprises with innovative solutions that advance the empowerment of women and girls worldwide.

Unprecedented global challenges are ‘not insurmountable’ – UN chief

Nearly a year ago, the UN chief released his report, Our Common Agenda (OCA), a blueprint for global cooperation moving forward, and reinvigorated multilateralism. On Thursday, he updated the General Assembly on progress made so far, saying the need for the report’s proposals “has only increased.”

Ukraine: Black Sea grain shipment success raises hopes more will follow

The first, eagerly-awaited commercial shipment of grain to leave the Ukrainian port of Odesa since Russia’s invasion more than five months ago, was cleared to proceed to Lebanon on Wednesday, after a scheduled inspection stopover in Istanbul.

INTERVIEW: Accessible finance is key to realizing Uganda’s potential

Northern Uganda suffers from a development gap with the rest of the country, with high rates of poverty and unemployment. UN News spoke to Dmitry Pozhidaev, head of the UN Capital Development Fund (UNCDF) office in Uganda, to find out what the agency is doing to improve funding access to individuals and businesses, and put them on the right path to success.

First Person: Surviving Bali’s COVID tourism crash

Dekha Dewandana ran a thriving ‘homestay’ tourism property in Bali, and received UN-supported training which has helped him to maintain a high standard of hospitality. When COVID-19 hit Indonesia, his business was pushed to the verge of collapse and, after a bruising two-year period, it’s now slowly recovering.

Global economy: Outlook worsens as global recession looms – IMF

Still reeling from the COVID pandemic and Russia’s invasion of Ukraine, the global economy is facing an increasingly murky and uncertain outlook, according to the latest report released on Tuesday by the International Monetary Fund (IMF).

Women working together, to survive Lebanon’s economic crisis

Lebanon’s women-led cooperatives are helping communities to cope with the country’ recent wave of crises: the COVID-19 pandemic, the financial crisis, and the notorious August 2021 Beirut Port Explosion.