Ms. Grynspan was speaking in the wake of growing UN concern at the effect on-going uncertainty could have on the most vulnerable developing economies. On Tuesday, the UN Secretary-General, António Guterres, stated that “trade wars are extremely negative,” and warned that the impact of tariffs could be “devastating.” Tariffs are a...
Every month, the UN trade and development agency (UNCTAD) provides an update on what’s happening in the world of global trade. In March, the focus was on tariffs, and the report revealed that, whilst global trade reached a record $33 trillion last year, the outlook for 2025 remains uncertain, with...
Over 850,000 civilians have been displaced in South Kivu province, nearly half of them children, according to the agency. Many are living in precarious conditions, sheltering in schools, churches or in the open, lacking clean water and sanitation, healthcare and education. Grave violations against children have also sharply risen, including...
In this feature, part of a series exploring the fight against trafficking in the Sahel, UN News focuses on the illegal arms trade that is fuelling conflict and terrorism. In the Sahel, home to 300 million people, it’s a buyer’s market for guns. Insurgency and banditry plague the region, rooted...
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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