UNCTAD said it expects global growth in 2023 to drop to 2.1% but only if the financial fallout from higher interest rates is contained to the bank runs and bailouts of the first quarter.
U.N. trade experts warn that developing countries face years of difficulty as the global economy slows down and financial turbulence increases.
The United Nations Trade and Development Conference estimated on Wednesday that interest rates hikes will cost developing countries more than US$800 billion in future lost earnings.
A new U.N. report shows how prioritizing debt over services like health care and education plagues the developing world.
Just 22.3% of all the e-waste - any product that has a plug or battery - was properly collected and recycled in 2022.
Europe dominates the top rankings as development in half of the world’s poorest nations falls below pre-pandemic levels.
From fishing subsidies to agricultural reforms, the World Trade Organization failed to reach common ground.
A new U.N. report shows how prioritizing debt over services like health care and education plagues the developing world.
The France-based court was created to uphold the European Convention on Human Rights, which took effect in 1953.
The U.N. body also demands Israel be held accountable for possible war crimes and crimes against humanity in Gaza.
At least 200 humanitarian workers have been killed in Gaza — more than 95% Palestinians – since the outbreak of war.
