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    Josia Shigwedha

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    Josia Shigwedha

UNCTAD

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World

UNCTAD chief warns $31 trillion debt crippling developing nations

UN Trade and Development Summit 2025 official photo  Addressing this year’s UN Trade and Development (UNCTAD) Summit, Secretary-General Rebeca Grynspan warned that developing countries are being held back by a $31 trillion debt burden. She highlighted that record debt repayments, particularly involving the United States, are slowing development progress in these nations. Grynspan urged global leaders to consider debt relief and sustainable financing solutions to help developing countries meet their […]

today21 October, 2025

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World

Gaza’s GDP declined by $655 million in 2023

According to the UN Trade and Development Agency’s latest report, Gaza’s Gross Domestic Product declined by $655 million last year, roughly 25 percent, mainly due to the onset of war. Here’s Rami Al Azzeh, an economist with the Assistance to the Palestinian People Unit at UNCTAD.

today1 February, 2024