Economic development

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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Upswing in global growth won’t last forever; IMF says world must prepare now for leaner times ahead

While the world economy continues to show broad-based momentum, a new report released Tuesday by the International Monetary Fund (IMF) is warning that there may be choppy seas ahead, caused by increasing protectionism or tit-for-tat trade wars.

News in Brief 29 January 2018

Accessing food in war zones, continuing to “deteriorate”

The ability to find food in the world’s war zones continues to “deteriorate”, meaning that humanitarian efforts are “extremely critical”.

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Least developed countries make progress in mobile internet access

A new report released on Wednesday by the International Telecommunication Union (ITU), states that the Least Developed Countries (LDCs) are recording impressive progress towards increasing access to information and communication technologies.

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