United Nations-conference-on-trade-and-development

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Global trade fell 3% in first quarter of 2020 due to COVID-19, downturn to accelerate in next quarter: UN
Business

Global trade fell 3% in first quarter of 2020 due to COVID-19, downturn to accelerate in next quarter: UN

The coronavirus pandemic has led to a three percent drop in global trade in the first quarter of 2020 and this downturn is expected to accelerate in the next quarter to project a whopping quarter-on-quarter decline of 27 percent, the UN trade body has warned

Coronavirus Outbreak: World economy will go into recession with likely exception of India, China, says UN
Business

Coronavirus Outbreak: World economy will go into recession with likely exception of India, China, says UN

The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the likely exception of India and China, according to a latest UN trade report

Coronavirus outbreak could cost global economy up to $2 trillion, cause recession in some countries, says UNCTAD
World

Coronavirus outbreak could cost global economy up to $2 trillion, cause recession in some countries, says UNCTAD

The coronavirus outbreak could cost the global economy up to $2 trillion this year, the UNCTAsaid, warning that shock from the epidemic will cause a recession in some countries and depress global annual growth to below 2.5 percent

Cross border mergers make India favoured FDI route: UN trade report
Business

Cross border mergers make India favoured FDI route: UN trade report

Despite historically high number of announced greenfield projects in 2015, FDI inflows to India were flat last year with only 1 percent up from 2015, the report said.