Overseas investment falling, developing countries largely unscathed: UN trade agency

The Port of Salvador on All Saints Bay, Bahia, Brazil. As one of the bigger, emerging economies reliant on commodity exports, Brazil can expect some economic improvement, according to a United Nations Conference on Trade and Development (UNCTAD) report. Picture: World Bank/Mariana Ceratti

NEW YORK, 17 OCTOBER 2018 (UN NEWS CENTRE) – Foreign direct investment (FDI) has dropped 40 per cent year-on-year so far, the UN Conference on Trade and Development (UNCTAD) said on Monday, but the US$470 million decline is happening mainly in wealthy, industrialized nations, especially in North America and Western Europe. Overall, the global financial […]

Continue reading this article with a Fiji Times online membership.

More Stories