economy

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).

UN economists warn of impending recession following terror attacks on US

The United Nations Conference on Trade and Development (UNCTAD) warned today of an impending recession in three major economies - the United States, Europe and Japan - following the recent terror attacks against the US.