economy

Trade slump and unemployment hold back world economy - UN annual survey

Political uncertainties that sidetracked a once-promising economic recovery are easing, but the persisting slowdown in trade and investment and rising unemployment continue to hold back world growth as well as hopes for significant progress on poverty reduction, according to the United Nations' annual economic survey released today.

Uncertainties, policy constraints to slow world economic rebound in 2003, UN predicts

Despite the 2001-2002 shakeout in equities and tech investment, political and macroeconomic risks and uncertainties will continue to impede a decisive return to strong world economic growth in this year and beyond, the United Nations projects in a new report launched today in New York.

New UN report offers cautiously optimistic prognosis for Africa's economy

frica grew faster than any other developing region in 2001, reflecting better macroeconomic management, strong agricultural production, and the end to conflicts in several countries, according to a new United Nations report.

Slow global economic recovery predicted after last year's sharp downturn - UN report

The global economy is likely to see a slow recovery following last year's sharp downturn, with growth uneven in different countries across the world, according to a new report released today at United Nations Headquarters in New York.

ILO reports 'dire' economic, social crisis in Israeli-occupied territories

Warning of a "socio-economic meltdown" in the occupied territories, the International Labour Organization (ILO) today called on Israel to ease movement restrictions on Palestinians and urged the world community to support a dialogue between the two sides.

UN, World Bank officials alarmed by 'deconstruction' of Palestinian economy

Voicing grave concern over the escalating conflict in the Middle East, two senior United Nations and World Bank officials in the region today called for the protection of civilians on both sides and urged Israel to lift the closure of the Palestinian territory, which they said had endangered the people's livelihoods and engendered a sense of hopelessness and desperation.

New report outlines long-term effects of Israeli closure of Palestinian territories

In stark contrast to the obvious direct economic impact of the closure of two Palestinian towns on the daily life of people, the longer term effects of the Israeli-imposed blockade are only now starting to emerge, according to the findings of a UN-commissioned survey released today.

UN foresees slower global economic growth in wake of terror attacks against US

Last month's terrorist attacks against the United States will have far-reaching economic effects, further slowing a world economy already growing at its lowest rate in a decade, according to a report released today by the United Nations.

New UN report favours government intervention in world economy

The free market will not solve all of the world's economic ills, leaving a role for governments in promoting growth and income distribution, according to a new United Nations report released today.

Restrictions on flow of goods and labour hurt Palestinian economy, UN reports

Unprecedented restrictions on the flow of goods, labour and financial resources have taken a mounting toll on the Palestinian economy, according to a new report by the Geneva-based United Nations Conference on Trade and Development (UNCTAD).