News in Brief 12 June 2019

  • Sudan sliding into ‘human rights abyss’, warn UN independent experts 
  • Key overseas investment data show slide for third year in a row
  • “Final push” at ILO summit to make child labour a thing of the past 
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Governments, businesses ‘walk the talk’ for investment in sustainable development: UN forum

Business and government leaders from around the world have gathered at a major United Nations conference in Geneva, in search of innovative and strategic solutions to complex investment and development challenges.

Global foreign direct investment hit eight-year high in 2015 – new UN report

Global foreign direct investment (FDI) flows rose by 36 per cent in 2015, reaching their highest levels since the financial crisis, according to a report out today from the United Nations Conference on Trade and Development (UNCTAD), which pegged the increase to a wave of cross-border mergers and acquisitions.

New UN report finds drop in global foreign direct investment in 2014

Global foreign direct investment (FDI) declined in 2014 but flows to developing countries actually reached their highest level ever, says a new United Nations report released today that also calls for systematic reform of the current international investment agreement regime.

Asia becomes the world's largest investor region

Asia has, for the first time, become the region which has invested more in other countries than the world’s most developed regional economic blocs.

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UN officials urge greater investment to boost Africa’s development prospects

United Nations officials today stressed the need to harness the necessary resources to take Africa’s progress to the next level, calling for increased investment to boost the continent’s development prospects.

UN reports foreign direct investment hit $1.4 trillion in 2013, upward trend to continue

Global foreign direct investment is up and expected to rise over the next three years, driven mainly by stronger economies in developed countries, according to a new United Nations report which highlights the key role that transnational corporations and foreign investment could play in accelerating progress on sustainable development.

Revised UN convention seeks to encourage investment, combat corporate tax evasion

The United Nations announced today that it has updated a set of guidelines to prevent double taxation between countries, as well as to avoid tax evasion, which costs countries $3.1 trillion every year.

UN highlights role of transnational corporations in transitioning to low-carbon future

While they are major carbon emitters, transnational corporations (TNCs) are also a source of ‘green’ investments and can play a crucial role in propelling the world towards a low-carbon future, according to a new report by the UN trade arm.

UN reports declining foreign investment in five poorest African countries

Foreign direct investment (FDI) in five least developed countries (LDCs) in Africa declined in 2002 and though two other nations on the continent made small gains, they did not keep pace with large recent losses, the United Nations Conference on Trade and Development (UNCTAD) said today.