Economic development

Stand in solidarity to preserve Africa’s hard-won progress, urges UN chief

The coronavirus pandemic threatens the hard-earned gains Africans have made throughout the continent, the UN chief said on Wednesday, urging the world to stand in solidarity with the people, “now, and for recovering better”.

Monday’s Daily Brief: COP25, African debt, cost of Israeli occupation, UN worker’s world record

A recap of Monday’s stories: Guterres calls for ‘path of resolve, sustainable solutions’ in Madrid; Slavery today; Israeli occupation costs $48 billion; UN deputy chief says sustainable development, sustainable debt are “inseparable”; UN worker’s feat raises awareness of child sexual abuse link to HIV/AIDS.

New President of top UN economic and social body to push for development financing, fundamental freedoms ‘for all’

In her inaugural speech as President of the United Nations Economic and Social Council (ECOSOC), Mona Juul, of Norway, underscored that the body’s mandate today remains “as relevant and compelling” as it did back in 1945 when it was tasked with “fostering international cooperation on economic, social, and cultural issues”.

Amidst ‘high political tension’, UN chief appeals to G20 leaders for stronger commitment to climate action, economic cooperation 

The annual G20 summit of leaders from the largest and fastest-growing economies, got underway on Friday in Osaka, Japan, against a backdrop of what UN Secretary-General António Guterres described as “a moment of high political tension”.

Asia-Pacific ‘regional parliament’ underway to advance equality, empowerment, for more than four billion citizens

The top United Nations body in the Asia-Pacific region opened its annual session this week, calling for greater empowerment of disadvantaged and marginalized groups if the region is to achieve the ambitious 2030 Agenda for Sustainable Development, and fulfill its promise to leave no one behind.

News in Brief 15 October 2018

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Overseas investment down globally, warns UN trade and development agency UNCTAD

According to a new report by UNCTAD, Foreign direct investment (FDI) has fallen more than 40 per cent in the first half of 2018, compared with the same period last year, with developing economies escaping the worst of the downturn.  Overall, the global financial picture is “gloomy”, James Zhan, UNCTAD Director of Investment and Enterprise, told Daniel Johnson in Geneva.

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‘Wind blowing in the direction of peace’ in Africa: UN Secretary-General

Recent developments in Africa indicate that the continent is increasingly moving in the “direction of peace” and enhanced security, the United Nations Secretary-General told journalists in the Ethiopian capital, Addis Ababa, on Monday.

WHO announces $350 billion ‘reward’ for tackling chronic killers

Eight million lives or more could be saved between now and 2030 if the planet’s poorest countries spent a little over $1 dollar a day per person to combat chronic diseases, the World Health Organization (WHO) said on Wednesday.

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Breaking chains of commodity dependence in developing countries

Countries that are rich in raw materials have the means to bring prosperity to everyone, but only if they take steps to tackle their “commodity dependence”, says UNCTAD's Yanchun Zhang ahead of next week's Global Commodities Forum 2018 in Geneva.

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