Vulnerable economies face heaviest burden from oil shocks, UNCTAD warns
Orisemeke Benjamin Rising oil prices triggered by disruptions linked to the Strait of Hormuz are placing growing pressure on vulnerable...
World Economy
Oil prices surge on Middle East hostilities, uncertain outlook
Agency Report Crude oil prices rise for their third day in a row on Wednesday, as fresh hostilities between the...
OECD cuts 2026 global growth forecasts over Middle East war fallout
The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no...
UN agency warns of hot temperatures in next five years
Agency Report The World Meteorological Organisation (WMO) said the world is heading into another period of dangerous heat in the...
Industrial policy is adapting to crises, but remains hard to implement effectively
Adam Jakubik, Florence Jaumotte, Samuel Pienknagura, Michele Ruta Industrial policy, the use of government interventions to support or develop specific...
Diaspora remittances point to untapped potential in crisis response – Report
Orisemeke Benjamin As diaspora remittances now outpace both official development assistance and foreign direct investment combined, the International Organization for...
GDP is not enough to tell if people are better off – UNCTAD
Gross domestic product, or GDP, measures the value of goods and services produced in an economy. It has long been...
Global economy faces new test as trade, food and finance shocks spread
Orisemeke Benjamin The global economy entered 2026 with resilience, supported by trade, industrial production in developing economies and investment linked...
Africa needs a growth reset
By Grace Li, Nikola Spatafora and Constant Lonkeng At current growth rates, per capita income in sub-Saharan Africa would take...
Ebola: U.S. suspends entry for travelers from three African countries
The United States has announced a temporary 30-day entry restriction for certain foreign nationals who recently travelled through the Democratic...
