Lost decade looms for debt-ridden developing countries: UNCTAD

Debt-ridden developing countries face years of economic pain brought on by a global growth slowdown, high interest rates and reduced investment, the UN Conference on Trade and Development (UNCTAD) warned on Wednesday.

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Lost decade looms for debt-ridden developing countries: UNCTAD
Lost decade looms for debt-ridden developing countries: UNCTAD

Lost decade looms for debt-ridden developing countries: UNCTAD

12 Apr 2023

Debt-ridden developing countries face years of economic pain brought on by a global growth slowdown, high interest rates and reduced investment, the UN Conference on Trade and Development (UNCTAD) warned on Wednesday.

Economic woes dash job prospects in low income countries: ILO

Economic woes dash job prospects in low income countries: ILO

31 May 2023

Soaring debt levels compounded by high inflation and rising interest rates have dashed job-seekers’ hopes in developing countries, the International Labour Organization (ILO) warned on Wednesday.

Global foreign investment declines for second year as geopolitical tensions rise, UN trade body reports

Global foreign investment declines for second year as geopolitical tensions rise, UN trade body reports

20 Jun 2024

Foreign direct investment (FDI) fell by two per cent to $1.3 trillion in 2023 amid global economic slowdown and rising geopolitical tensions, according to a report released on Thursday by the UN trade and development body, UNCTAD.