British Columbia's rural high-speed internet connectivity benefits people, economy: Report
Vancouver/IBNS: Connecting underserved rural and remote communities to high-speed internet brings significant economic benefits to people throughout British Columbia, a new report by BC Stats has found.
Canada’s economy shrank in third quarter, but still above recession, says Statistics Canada
Ottawa/IBNS: Amid weak business and consumer spending as well as lower exports, the Canadian economy shrank in the third quarter, Statistics Canada reported.
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.
Annual cost for reaching the SDGs? More than $5 trillion
The cost of achieving ambitious sustainable development targets is estimated at between $5.4 and $6.4 trillion per year between now and 2030, UN economists said on Tuesday.
A Center for Economic Research and Reforms expert believes that Uzbekistan’s economy in the first half of the year maintained high growth dynamics and remained resistant to changes even in the unstable external situation.
China 'biggest threat to economic security': Dutch intel agency
Beijing: Netherlands intelligence agency and Service warned about the increasing internal and external threats against the rule of law, 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.
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).
Canada's economy rebounds in 3rd quarter, Still at pre-pandemic levels: Statistics Canada
Toronto/Sputnik: The Canadian economy rebounded in the third quarter of 2020, but remains below the level observed prior to the onset of the novel coronavirus pandemic, Statistics Canada said in a report.
Without funds, ‘no choice’ but to suspend most aid flights, warns WFP
New York/IBNS: A critical warning was issued by the UN’s World Food Programme (WFP) on Friday, declaring that it may soon have “no choice” but to suspend “most” of its critical aid flights, because of a lack of funding.
COVID-19: ‘Unparalleled economic shock’ threatens development hopes and gains
New York: As the diverse and severe impacts of the COVID-19 pandemic continue to be felt across the world, an “unparalleled economic shock” is putting development gains at risk, the UN chief told a meeting of high-powered business leaders on Wednesday.
New York: As businesses struggle to cope with the economic fallout from the COVID-19 pandemic, they need to remain aware of their responsibilities as partners in efforts to build a sustainable future, says the outgoing head of the UN Global Compact, the world’s largest corporate sustainability initiative.
UK Chancellor to unveil financial package for freelancers affected by COVID-19 : reports
Moscow/Sputnik: UK Chancellor of the Exchequer Rishi Sunak will provide details of a financial support package for self-employed people and freelancers affected by the ongoing COVID-19 outbreak during a joint press briefing with Prime Minister Boris Johnson later on Thursday, according to the Sky News broadcaster.
New York, Sept 13 (IBNS): The Occupied Palestinian Territory now suffers the highest unemployment rate in the world, with incomes and agricultural production going down, the United Nations trade and development agency said on Wednesday, noting that women and young people were worst affected, as the Israeli occupation continues.
New York, Aug 4 (IBNS): Marginalized groups suffer unduly harsh consequences due to Brazil’s economic policies of austerity, prompting United Nations rights experts to urge the Government to instead prioritize human rights.