Global economy a mixed bag, horizon uncertain: UNCTAD

The global economy is at “a critical juncture”, with some economies thriving and expanding, while others falter and slow down, the UN’s trade and development body said on Wednesday.

China: Shrinking working-age population may hit global economy

Beijing: China's working age population, which is defined as those aged between 15 and 64, has declined from the peak of 997 million in 2014 to 986 million last year, media reports said.

Global trade expected to slow, after record high of $28.5 trillion in 2021

New York: Global trade reached a record high in 2021, but it is expected to slow this year for many reasons including continuing delays in global supply chains, UN economists said on Thursday.

Migrant workers still at great risk despite key role in global economy

New York: The COVID-19 pandemic has highlighted the key role that migrant workers play in the global economy, as well as the “terrible risks” that they are forced to take, to find work.

Boosting production, crucial for least developed countries, post pandemic

The world’s poorest countries will remain on the margins of the global economy if States are unable to boost economic production, and the international community fails to provide more support, the UN Conference on Trade and Development (UNCTAD) warned.

Global economy projected to show fastest growth in 50 years

New York: The global economy is expected to bounce back this year with growth of 5.3 per cent, the fastest in nearly five decades, according to the UN Conference on Trade and Development (UNCTAD).

New purchasing power parities show low- and middle-income economies account for half of the global economy: World Bank

Washington/IBNS: New purchasing power parities (PPPs) for reference year 2017 that adjust for differences in the cost of living across economies were released today by the International Comparison Program (ICP).

Global economy: ‘we must do everything possible’ to avoid global ‘fracture’ caused by US-China tensions, urges Guterres

New York: Tensions around global trade and technology continue to rise and the international community needs to “do everything possible” to prevent the world being split into two competing spheres, led by the United States and China.

Heat stress spike predicted to cost global economy $2,400 billion a year

New York, July 2 (IBNS): An increase in heat stress at work linked to climate change is set to have a massive impact on global productivity and economic losses, notably in agriculture and construction, UN labour experts said on Monday.