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 …
Chennai: FDI flows to India were 26 per cent lower in 2021, according to an UN body. According to Unctad, the decline in FDI in 2021 was mainly because large mergers and acquisitions deals recorded in 2020 were not repeated last year. Global foreign direct investment flows showed a strong rebound in 2021, up 77 per cent to an estimated …
Foreign direct investment into India may shrink sharply in 2020 because of coronavirus and the consequent lockdown, supply chain disruptions and economic slowdown after jumping over 20% to $51 billion in 2019, according to the United Nations Conference on Trade and Development. According to the latest ‘World Investment Report’ by UNCTAD, India jumped from 12th position in 2018 to 9th …