global trade

Pandemic ‘rolled back’ sustainable development funding for weak economies: UNCTAD

Financial assistance to the world’s 83 weakest economies fell by 15 per cent in 2020, to $35 billion as a direct result of the COVID-19 pandemic, UN trade and development experts UNCTAD said on Monday.

Suez Canal cargo ship is afloat - but it’s not plain sailing for global economy

The gigantic cargo ship that ran aground and blocked the Suez Canal last week is afloat once again after a Herculean salvage operation, but the damage to global trade will take months to fix.

That’s the assessment of maritime expert Jan Hoffman at UN trade and development agency UNCTAD, who also explains why the cost of sending freight around the world has increased dramatically during the COVID-19 pandemic.

Here he is, talking to UN News’s Daniel Johnson. 

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10'48"

Global foreign direct investment halved amid pandemic, but China remained resilient

Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020, amid the upheaval caused by the coronavirus pandemic, a new report from the UN trade and development organization UNCTAD showed on Tuesday.  

News in Brief 13 May 2020

  • Global trade values fell by three per cent in the first quarter of 2020
  • People living longer, healthier lives but COVID-19 threatens progress: WHO
  • Tuberculosis prevention gains must be protected against pandemic
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2'51"

News in Brief 18 December 2019

  • Asia-Pacific trade decline
  • Protect children standing up for rights for all: UNICEF
  • More women could soon access breast cancer drug: WHO
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3'42"

Debt-fuelled ‘economic sugar-rush’ in US spells danger, despite world growth: UN trade report

The world’s economy remains on “shaky ground”, overshadowed by escalating trade tariffs and an unpredictable financial climate dominated by debt-fuelled growth, UN experts said on Wednesday.

International trade must be more inclusive

If international trade is to comply with the new global development agenda, it must be more inclusive and compatible with the needs of the natural environment.

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