economy

Global economy unlikely to improve significantly next year – UN

A United Nations report unveiled today paints a gloomy picture of the performance of the global economy next year, with growth projected to be a meagre 3.1 per cent, followed by 3.5 per cent in 2012 – rates that are insufficient to spur the recovery of the jobs that were lost during the economic crisis.

Morocco proposes high-level UN dialogue on African investment

To maximize Africa’s potential, the Prime Minister of Morocco today called for a high-level General Assembly dialogue on spurring investment in the continent, which is home to more than 900 million people and abounds in natural resources.