News Muncher - category unctad

2 weeks, 4 days ago

After Donald Trump’s ‘go find another sucker’ comment for BRICS nations, UN agency warns of global trade war

A United Nations agency has issued a warning about the potential for a global trade war following comments from US President-elect Donald Trump aimed at BRICS nations. Trump's remark, “Go find another sucker,” directed at—Brazil, Russia, India, China, and South Africa—has raised concerns about growing tensions in global trade. However, the agency cautioned that trade wars could undermine this progress …

Global India China Trade Russia Trump Global Trade

1 month, 1 week ago

Cause and Effect | COP29 opens with divisions over Europe’s carbon border tax and climate financing

Hindustan Times

The UN Conference of Parties Summit began in Baku, Azerbaijan on Monday, the second year in a row that an oil-producing nation has held the presidency. From the EU’s perspective, the mechanism was aimed at “levelling the playing field” for its firms that operate under the EU’s Emissions Trading System and pay a domestic carbon price to cushion them from …

Global Trade Climate Developing Countries Countries Unctad Carbon

COP29: The climate funds math that needs to be reset, explained

Live Mint

The 29th annual United Nations climate summit, COP29, started in Azerbaijan this week. The enhanced financial support would help developing countries strengthen their national climate plans, which, too, are due for an update in 2025. COP29 stakes The NCQG would also support climate adaptation—the component of climate action aimed at helping countries adjust to existing climate impacts. "The election result …

Global Climate Developing Countries Countries Unctad Paris Cop29

2 months, 2 weeks ago

7 Highlights Unveiled for the Upcoming Hongqiao International Economic Forum

China Daily

The 7th Hongqiao International Economic Forum will be held at the National Exhibition and Convention Center from Nov 5th to 10th. The permanent representatives to the UN of Pakistan, Sri Lanka, Nepal, Uganda, Cuba, and Nicaragua, as well as representatives of international organizations, including the United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries, …

Global International China Economic Chinese Forum Guests

2 months, 2 weeks ago

7 Highlights Unveiled for the Upcoming Hongqiao International Economic Forum

China Daily

chinadaily.com.cn | Updated: 2024-10-08 14:04 The 7th Hongqiao International Economic Forum will be held at the National Exhibition and Convention Center from Nov 5th to 10th. The permanent representatives to the UN of Pakistan, Sri Lanka, Nepal, Uganda, Cuba, and Nicaragua, as well as representatives of international organizations, including the United Nations Office of the High Representative for the Least …

Global International China Economic Chinese Forum Guests

3 months, 1 week ago

The Palestinian economy is in free fall and will require billions to rebuild, the UN says

Associated Press

GENEVA — The Palestinian economy is “in free fall,” the United Nations reported Thursday, with production in Gaza plunging to one-sixth of its level before Israeli forces began a blistering military response to the Oct. 7 attacks in the territory. The report from UN Trade and Development, or UNCTAD, also warned of “rapid and alarming economic decline” in the West …

Gaza Israel Report Palestinians Israeli Unctad Palestinian Economy

3 months, 4 weeks ago

Climate crisis data: A critical guide to government responses

Hindustan Times

The urgency of limiting global temperatures to 1.5 ℃ is established from the climate crisis data that addresses the question --what is the change in global temperature from the pre-industrial level due to anthropogenic factors? According to the World Economic Forum, the global cost of damages to infrastructure, property, agriculture, and human health due to the climate crisis is estimated …

Global Climate Change Change Climate Data Developing Crisis

6 months ago

FDI inflows into India down to $28 billion in 2023: UN

Deccan Chronicle

Chennai: The FDI inflows into India saw a 43 per cent decline in 2023 at $28 billion, while the global foreign direct investments dropped 2 per cent to $1.3 trillion, as per the data of UNCTAD. FDI outflows from India also saw a dip of 8.7 per cent to $13,341 million against $14,618 million in 2022. At $621 billion, they …

India Investment Billion Million Cent 2023 Unctad

6 months, 1 week ago

President calls for expanding imports from developing nations

China Daily

President Xi Jinping delivers a video speech to the opening ceremony of the celebration for the 60th anniversary of the United Nations Conference on Trade and Development, June 12, 2024. President Xi Jinping said on Wednesday that China will actively seek to expand imports from other developing countries, step up cooperation in trade, investment and development, and help implement the …

China Trade Development Developing Countries Unctad Developing World

7 months, 4 weeks ago

India’s services export grew faster than global average in 2023: UNCTAD data

Hindustan Times

NEW DELHI: India’s annual services export grew at 11.4% in 2023 against the global average of 8.9% and surpassed China which witnessed a 10.1% contraction in the year, according to the quarterly bulletin released by the United Nations Conference on Trade and Development. Robust services trade helped India to compensate for a 3.11% year-on-year contraction in merchandise exports in FY2024 …

India China Trade Data Billion Exports Grew Merchandise Exports

8 months ago

Indian economy projected to grow 6.5% in 2024: UNCTAD

The Hindu

India’s economy is projected to grow by 6.5% in 2024, according to a report by the UN which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports. “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services …

India Economy Growth China Indian 2024 Grow

8 months ago

UNCTAD sees India’s GDP growth slip to 6.5% in 2024 vs 6.7% in 2023: ‘RBI likely to keep interest rates constant’

Live Mint

The United Nations Trade and Development projected that Indian economy's growth momentum will most likely decelerate in 2024 to 6.5% against the 6.7% growth recorded in the previous year. The report states, “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services sector, which benefitted from robust local demand for consumer …

India Growth Report Imf

10 months, 3 weeks ago

UN says Israel-Hamas war leaves Gaza 'uninhabitable'

New Indian Express

GENEVA: Israel's war against Hamas has damaged around half of all buildings in Gaza and rendered the Palestinian territory uninhabitable, with tens of billions of dollars needed to rebuild it, the UN said Wednesday. Since the war erupted in the Gaza Strip following Hamas's deadly October 7 attacks inside Israel, the United Nations said the decline in living conditions had …

Gaza Israel Hamas

10 months, 3 weeks ago

'We Are On Fire': UK Oil Tanker Sends Distress Message After Houthi Attack; Indian Navy Responds

News 18

The fire on the merchant vessel Marlin Luanda, caused by a Houthi strike, has now been extinguished. After a distress message from the ship’s captain, USS Carney, the French Navy Frigate FS Alsace and the Indian Navy Frigate INS Visakhapatnam responded quickly, providing critical firefighting material and assistance to the civilian crew. pic.twitter.com/jdo4564Jlg— Warfare Analysis January 27, 2024 “Yesterday, the …

India Trade Navy Missile Indian Yemen Ship

10 months, 3 weeks ago

UN: Global trade is being disrupted by Red Sea attacks, war in Ukraine and low water in Panama Canal

Associated Press

UNITED NATIONS — The U.N. trade body sounded an alarm Thursday that global trade is being disrupted by attacks in the Red Sea, the war in Ukraine, and low water levels in the Panama Canal. Since attacks by Yemen’s Houthi rebels on ships in the Red Sea began in November, he said, major players in the shipping industry have temporarily …

Global Europe War Trade Ukraine Water Global Trade

10 months, 3 weeks ago

42 percent drop in Suez traffic following Huthi attacks: UN

New Indian Express

The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after attacks by Yemen's Huthi rebels, according to the United Nations, raising concerns for global trade. "We are very concerned that the attacks on Red Sea shipping are adding tensions to global trade, exacerbating trade disruptions due to geopolitics …

Trade Global Trade Unctad Hoffman Suez Canal Huthi

1 year, 1 month ago

IMF: Neighboring economies likely hit by Israel-Hamas war

CNN

London CNN — The Israel-Hamas war is likely tohurt other economies in the Middle East, including Egypt, Lebanon and Jordan, International Monetary Fund managing director Kristalina Georgieva said Wednesday. While Wall Street has largely brushed off the war, the United Nations Conference on Trade and Development warned Wednesday of dire consequences for the already hobbled “Palestinian economy,” referring to Gaza …

Interest Rates Saudi Arabia Gaza Israel Hamas Unctad Imf

1 year, 1 month ago

Gaza needed billions in aid before Israel-Hamas war: UN

Al Jazeera

Before the conflict broke out on October 7, the economic conditions in Gaza were dire after years of the Israeli blockade. Gaza already needed billions of dollars in international aid to compensate for years of Israeli blockade before the Israel-Hamas war broke out, a United Nations report states. “Donors and the international community need to extend significant economic aid to …

Gaza Israel Report Aid Unctad

1 year, 2 months ago

UNCTAD senior official hails China's efforts in facilitating trade

China Daily

The UNCTAD's World Investment Report highlights the efforts that China has made in terms of trade facilitation, liberalization, and attracting foreign investment through various measures, said Pedro Manuel Moreno, deputy secretary-general of United Nations Conference on Trade and Development, in an exclusive interview with China Daily during the fourth Qingdao Multinationals Summit on Oct 11. However, the situation in China …

China Investment

1 year, 2 months ago

UNCTAD head official hails China's efforts in facilitating trade

China Daily

The UNCTAD's World Investment Report highlights the efforts that China has made in terms of trade facilitation, liberalization, and attracting foreign investment through various measures, said Pedro Manuel Moreno, deputy secretary-general of United Nations Conference on Trade and Development, in an exclusive interview with China Daily during the fourth Qingdao Multinationals Summit on Oct 11. However, the situation in China …

China Investment

1 year, 2 months ago

UNCTAD senior official hails China's efforts in facilitating trade

China Daily

The UNCTAD's World Investment Report highlights the efforts that China has made in terms of trade facilitation, liberalization, and attracting foreign investment through various measures, said Pedro Manuel Moreno, deputy secretary-general of United Nations Conference on Trade and Development, in an exclusive interview with China Daily during the fourth Qingdao Multinationals Summit on Oct 11. However, the situation in China …

China Investment

1 year, 9 months ago

Don't leave Global South out of green tech growth, UN warns

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Developing Developing Countries Green Green Technology Green Technologies Countries Unctad

2 years, 1 month ago

Why India Is Still An Attractive Investment Destination Despite A Falling Rupee, Inflation, Other Challenges

ABP News

India aspires to become a developed and high-income country over the next 25 years. According to the IMF, while the global economic growth will slow down from 6 per cent in 2021 to 3.2 per cent this year to 2.7 per cent next year, India is expected to grow by 6.8 per cent in 2022, the fastest in the world …

India Growth Indian Foreign Investors Foreign Investment Country Investors

2 years, 7 months ago

Spam mails add to CO2 emission, say experts

Deccan Chronicle

Chennai: About 120 trillion spam emails sent every year creates 36 million tons of CO2 emissions and 3.6 billion trees would need to be planted every year to offset the pollution, according to the UN’s trade body. “We are killing the planet through the use of technology,” said Gerry McGovern, author of the book “World Wide Waste” at an UNCTAD …

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Articles for Unctad

After Donald Trump’s ‘go find another sucker’ comment for BRICS nations, UN agency warns of global trade war

Cause and Effect | COP29 opens with divisions over Europe’s carbon border tax and climate financing

COP29: The climate funds math that needs to be reset, explained

7 Highlights Unveiled for the Upcoming Hongqiao International Economic Forum

7 Highlights Unveiled for the Upcoming Hongqiao International Economic Forum

The Palestinian economy is in free fall and will require billions to rebuild, the UN says

Climate crisis data: A critical guide to government responses

FDI inflows into India down to $28 billion in 2023: UN

President calls for expanding imports from developing nations

India’s services export grew faster than global average in 2023: UNCTAD data

Indian economy projected to grow 6.5% in 2024: UNCTAD

UNCTAD sees India’s GDP growth slip to 6.5% in 2024 vs 6.7% in 2023: ‘RBI likely to keep interest rates constant’

UN says Israel-Hamas war leaves Gaza 'uninhabitable'

'We Are On Fire': UK Oil Tanker Sends Distress Message After Houthi Attack; Indian Navy Responds

UN: Global trade is being disrupted by Red Sea attacks, war in Ukraine and low water in Panama Canal

42 percent drop in Suez traffic following Huthi attacks: UN

IMF: Neighboring economies likely hit by Israel-Hamas war

Gaza needed billions in aid before Israel-Hamas war: UN

UNCTAD senior official hails China's efforts in facilitating trade

UNCTAD head official hails China's efforts in facilitating trade

UNCTAD senior official hails China's efforts in facilitating trade

Don't leave Global South out of green tech growth, UN warns

Why India Is Still An Attractive Investment Destination Despite A Falling Rupee, Inflation, Other Challenges

Spam mails add to CO2 emission, say experts