economy

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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News in Brief 26 September 2018

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Economy on a steady rise in Latin America and Caribbean region ‘despite international turbulence’ – UN report

Amid external uncertainty and volatility, the economies of Latin America and the Caribbean will grow by an average of 1.5 per cent this year, thanks to a rebound in private consumption and a slight increase in investment, according to a United Nations flagship report issued on Thursday.

Somalia Partnership Forum puts politics, security and the economy firmly on the agenda

Somali politics, security and the economy, will all be on the agenda next week at an international meeting in Brussels where the Somali Government and its partners will be looking for ways to enhance peace and development across the Horn of Africa country.

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News In Brief 30 April 2018

  • ‘No justification whatsoever’ for deadly Afghanistan blasts: UN envoy
  • Informal economy employs two billion: ILO report
  • Saint Petersburg celebrates all that jazz on International Day
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