Coherent trade, agriculture policies crucial for development of poorer States – UN

Trade and agricultural policies are at the core of development, three senior United Nations officials said today, calling for much more to be done towards bringing greater coherence to the issue and warning against protectionism.

Weak demand, fiscal tightening impede recovery in developed economies – UN report

Economic recovery in developed economies may grind to a halt because of weak domestic demand and the replacement of stimulus packages with fiscal austerity measures as governments try to regain the confidence of the financial markets, according to a United Nations report unveiled today.

Foreign direct investment lags despite recovering world economy – UN report

Global foreign direct investment (FDI) inflows rose only modestly last year, United Nations trade and development body said in a report released today, noting that foreign investments have continued to lag behind recovery in industrial output and international trade.

UN unveils three initiatives to promote biodiversity in fashion

The United Nations trade and development body today announced three initiatives to encourage biodiversity in the world’s fashion industries.

Ethiopia and Tanzania receive UN praise for improving investment climate

The United Nations trade body says Ethiopia and Tanzania have made significant progress in improving their investment climate, while Rwanda, Viet Nam, Argentina and Costa Rica have taken steps to clarify and simplify government rules.

Developing economies emerge as main source of foreign direct investment – UN report

Developing and transition economies were the source of most of the global foreign direct investment (FDI) last year, with 70 per cent of their investments flowing to other emerging economies, according to a new report by the United Nations agency that promotes the integration of developing countries into the world economy.

UN agency publishes first in series of books on ‘green economy’ for development

The United Nations agency tasked with promoting the development-friendly integration of developing countries into the world economy has published the first in a series of books focusing on “green” economic growth, which entails a low-carbon, resource-efficient approach to sustainable development, while combating climate change and conserving biodiversity.

UN agency calls for cheap transfer costs for migrants sending money home

The United Nations agency that promotes the integration of developing countries into the world economy is calling for cheaper ways for migrant workers to send money back home so as to maximize the economic impact.

Urgent steps needed to curb rising food and other commodity prices, UN warns

Senior United Nations officials today called for urgent steps to rein in the rising prices for basic farm produce, petroleum and raw industrial materials whose volatility hits the world’s poorest people the hardest.

Emerging economies attract greater share of foreign investment – UN report

Foreign direct investment (FDI) to developing and transition economies rose last year, while investment flows to developed countries declined, the United Nations agency tasked with promoting trade said in an update on global investment trends released today.