trade

Trade pact could boost Africa’s income by as much as $450 billion: World Bank

The African Continental Free Trade Area represents a major opportunity for countries to boost growth, reduce poverty, broaden economic inclusion and help “expand opportunities for all Africans”, hailed a World Bank official on Monday, which if fully implemented, could boost regional income by around $450 billion.

Wednesday’s Daily Brief: climate challenges for the Pacific, new global health tool, updates on Yemen, the Gulf and Somalia

This Wednesday, top stories includes: the UN chief’s continued visit in the Pacific to raise awareness on the impacts of climate change; in Yemen, the fatal price that children are paying due to a conflict they did not cause; a new tool to track medical products worldwide; drought in Somalia; and updates on tensions in the Gulf.

Neither side stands to benefit in US-China trade spat, UN says

The tit-for-tat trade dispute between China and the United States may do little to protect domestic producers in either country and could have “massive” implications on the global economy unless it is resolved, United Nations experts said on Monday.