Global economy risks falling into renewed recession, warns UN report

World economic growth has weakened considerably during 2012 and is expected to remain subdued in the coming two years, says a new United Nations report, which calls for policy changes to spur growth and tackle the jobs crisis.

Guinea-Bissau development expert named head of UN Economic Commission for Africa

Secretary-General Ban Ki-moon today appointed Carlos Lopes of Guinea-Bissau as the new Executive Secretary of the United Nations Economic Commission for Africa (UNECA).

Despite global economic turmoil, foreign direct investment increased in 2011 – UN

In spite of the economic turmoil that shook countries last year, global foreign direct investment (FDI) rose by 17 per cent, according to a United Nations report released today, which predicts it will continue to increase this year but warns of the risks posed by the frail economic climate.