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Harnessing of ‘creative industry’ sector can help spur economic growth – UN report

Demand for products from the “creative industry” sector – which includes items such as videos, music, video games, and new formats for TV programmes – can help national economies, including those of developing countries, to recover from the global economic downturn, especially if supported by enlightened government policies, according to a new UN survey released today.

UN agency outlines steps for Sierra Leone to attract foreign investors

A United Nations review of Sierra Leone’s investment policy released today recommends several measures to make the West Africa country more attractive to foreign investors, including improving infrastructure, education and job training and more effective fiscal management.

UN highlights importance of ICT sector in creating opportunities for the poor

Services and goods associated with information and communications technologies (ICTs) are creating opportunities for the poor, but those sources of income are unevenly distributed and not always sustainable, the United Nations Conference on Trade and Development (UNCTAD) said today in a new report.

Premature end to economic stimulus could risk double-dip recession, UN warns

Premature withdrawal of macroeconomic stimulus measures in developed countries in the face of budget deficits may trigger a deflationary spiral in the global economy, with attendant slumps in growth and employment, a major United Nations trade agency warned today.

UN survey finds large companies upbeat about investment prospects

Multinational corporations are increasingly optimistic about future investment and are looking beyond the global financial crisis, according to a new survey released by the United Nations Conference on Trade and Development (UNCTAD).

UN chief urges investment forum participants to promote development goals

Secretary-General Ban Ki-moon today urged participants in a United Nations forum to do their part to make international investment work for the development of all humankind, especially in pursuit of the social and economic targets known as the Millennium Development Goals (MDGs).

Improving resolution of investor-state disputes the focus of new UN publication

A new online publication by the United Nations trade arm explores alternative methods that governments and international investors may use to resolve increasingly frequent disputes that must currently be handled through lengthy international arbitration.

Iron ore production on the decline but trade still rising, UN report finds

Iron ore production fell last year for the first time in seven years but continuing demand for the raw material from the Chinese steel industry ensured that the volume of trade increased again, a United Nations report released today says.

Global recession should spur transformation of African economies – UN official

The global recession should spur African nations to shift towards greater industrial capacities, improved infrastructure and expanded ties with regional partners and developing countries outside the continent, a senior United Nations official has stated.

Countries endorse pact on cocoa industry at UN meeting

The world’s leading cocoa-producing and consuming countries reached agreement today at a United Nations meeting on a new pact that aims to make the global trade in the $10 billion industry fairer and more sustainable.