• Fri. Oct 22nd, 2021

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  • Costa Rica’s Rebeca Grynspan to Head UNCTAD

Costa Rica’s Rebeca Grynspan to Head UNCTAD

Rebeca Grynspan of Costa Rica will be the new Secretary-General of UNCTAD, the UN trade, and development body. Her nomination to the post by UN Secretary-General António Guterres was approved…

Global trade recovered at a faster pace from the Pandemic-fueled recession compared with the past two trade recessions

World trade’s recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter, United Nations Conference on Trade and…

Shipping during COVID-19: Why container freight rates have surged

By United Nations Conference on Trade and Development (UNCTAD) When the Ever Given megaship blocked traffic in the Suez Canal for almost a week in March, it triggered a new…

Investment decline in productive assets spells trouble for poorer nations

Although developing countries attracted a record share of global foreign direct investment in 2020, finance for infrastructure and productive sectors fell significantly, weakening their COVID-19 recovery prospects. Foreign direct investment…

Sri Lanka targets $2.5 B FDI in 2021

Sri Lanka targets $2.5 billion worth of Foreign Direct Investments (FDI) in 2021 backed by committed investments from Chinese firms. “We are targeting at least $2.5 billion in FDI inflows,…