UN economists warn of impending recession following terror attacks on US

The United Nations Conference on Trade and Development (UNCTAD) warned today of an impending recession in three major economies - the United States, Europe and Japan - following the recent terror attacks against the US.

World Bank, UNDP launch inquiry on how to reform technical cooperation

A one-year inquiry aimed at reforming technical cooperation has been launched by the United Nations Development Programme (UNDP) and the World Bank Institute, according to a statement issued today by the international financial institution.