Global economic growth is declining to about 2.5 per cent this year, the UN said. Apart from the initial COVID-19 crisis three years ago, and the global financial crisis in 2009, this represents the weakest level since 2001.  Given the size of the contribution of cities to national economies, the...
That’s according to UN trade and development agency, UNCTAD, whose analysts said that global growth “turned negative” during the second half of 2022. The UN agency said that trade in goods and services is expected to reach $25 trillion and $7 trillion respectively, by the end of the year. The...
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