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Developing countries stand to benefit from e-commerce, new UN report suggests

Developing countries stand to gain great economic benefits from advances in information and communications technology, particularly in traditional sectors such as publishing, according to the E-commerce and Development Report 2002, which was released today by the United Nations Conference on Trade and Development (UNCTAD).

UN predicts a fall in foreign direct investment for 2002

The United Nations Conference on Trade and Development (UNCTAD) today predicted that the inflow of world foreign direct investment (FDI) would decline by 27 per cent this year, to about $534 billion, as China overtakes the United States for the first time as the largest recipient of overseas investment in the world.

UN agency urges international aid for Palestinian economy on brink of collapse

The recently intensified crisis in the occupied Palestinian territory has set the Palestinian economy on the path of "de-development," the United Nations Conference on Trade and Development (UNCTAD) warned today, as it urged more international aid.

Nearly 30 transnational corporations richer than many nations, UN study finds

Twenty-nine of the world's 100 largest economic entities are transnational corporations, according to a new list produced by the United Nations Conference on Trade and Development (UNCTAD) ranking both States and corporations.

More than 420 million could live in extreme poverty by 2015, UN warns

The number of people living on less than $1 a day could exceed 420 million by 2015 if current economic trends continue, a new report by a United Nations agency focussing on trade and development issues warns.