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2 weeks, 5 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

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

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

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

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, 4 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, 4 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, 2 months 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 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, 9 months ago

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

The Independent

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Developing Developing Countries Green Green Technology Green Technologies Countries Unctad

3 years, 3 months ago

As rich-poor divide widens between nations, UN urges reform

Al Jazeera

Developing countries could shoulder most of the cost of the coronavirus crisis, a new report from the UN warns. “The danger of a lost decade ahead remains a very real one,” Richard Kozul-Wright, UNCTAD’s director of globalisation and development strategies, told Al Jazeera. “And so far, the discussion of reform of the multilateral system, along the lines that followed the …

Global China Trade World Financial Developing Developing Countries

3 years, 6 months ago

Costa Rican economist Rebeca Grynspan to head UN trade body

Hindustan Times

The UN general assembly on Friday approved the nomination of Costa Rican economist Rebecaca Grynspan to head the UN agency promoting trade and development, the first woman and Central American to lead the Geneva-based organization. Ibero-American Secretary-General Rebeca Grynspan speaks during an interview with AFP in Madrid on April 13, 2021. She previously served as UNDP’s regional director for Latin …

United Nations Unctad Costa Rica Rican Grynspan

4 years, 3 months ago

UNCTAD warns against austerity

Live Mint

Developing countries should opt for a self-sustaining fiscal expansion to recover from the covid-induced economic shock, as fiscal austerity due to the fear of accumulating public debt could force them into another ‘lost decade’, the United Nations Conference on Trade and Development warned on Tuesday in a report. The UNCTAD Trade and Development Report 2020 said the global economic crisis …

Indian Unctad

4 years, 6 months ago

Investment flows to India may dip in 2020: UNCTAD

Live Mint

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 …

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Articles for Unctad, search results for nations

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

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

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

President calls for expanding imports from developing nations

UN says Israel-Hamas war leaves Gaza 'uninhabitable'

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

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

UNCTAD senior official hails China's efforts in facilitating trade

UNCTAD senior official hails China's efforts in facilitating trade

UNCTAD head official hails China's efforts in facilitating trade

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

As rich-poor divide widens between nations, UN urges reform

Costa Rican economist Rebeca Grynspan to head UN trade body

UNCTAD warns against austerity

Investment flows to India may dip in 2020: UNCTAD