A new report says the world's marketplace appears to be growing at a modest rate that's defined as a global recession.
Global economic growth is expected to drop to 2.4% this year, down from 3% last year, and shows little sign of rebounding next year, says a new forecast from the United Nations Conference on Trade and Development.
The global economic landscape is "characterized by growing inequalities and divergence of growth paths between key regions," UNCTAD says in its 103-page "Trade and Development Report 2023" on Wednesday.
Environmentalists said they were disappointed the treaty talks did not address plastic production measures.
The chair of the talks called for optimism despite divisions among plastic-producing nations and those urging restraints.
The wars in Europe and the Middle East, climate change and soaring national debts hung over the annual talks.
A new U.N. report shows how prioritizing debt over services like health care and education plagues the developing world.
Russia is shipping refined petroleum to North Korea, which is supplying Russia with weapons against Ukraine, officials say.
Environmentalists said they were disappointed the treaty talks did not address plastic production measures.
Negotiators must juggle the promotion of health access and global equity with reaffirmation of nations' sovereignty.
Fourteen cases remain under investigation by U.N. investigators, who have met with authorities in Israel.
