Coronavirus COVID-19 wipes $50 billion off global exports in February alone

The extent of the damage to the global economy caused by novel coronavirus COVID-19 moved further into focus on Wednesday as UN economists announced a likely $50 billion drop in worldwide manufacturing exports in February alone.

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Global growth forecast to slow to 1.9% in 2023, warn UN economists

25 Jan 2023

Senior UN economists warned on Wednesday that intersecting crises are likely to add further damage to the global economy, with growth set to slow from three per cent in 2022 to 1.9 per cent this year.

In highly uneven recovery, global investment flows rebound

19 Oct 2021

After a big drop last year caused by the COVID-19 pandemic, global foreign direct investment (FDI) reached an estimated $852 billion in the first half of 2021, showing a stronger than expected rebound.

Fall in COVID-linked carbon emissions won’t halt climate change - UN weather agency chief

22 Apr 2020

An expected drop in greenhouse gas emissions linked to the global economic crisis caused by the COVID-19 pandemic is only “short-term good news”, the head of the UN weather agency said on Wednesday.