
UNCTAD Warns of “Painful” Cuts Amid Rising Global Tariffs
UNCTAD warns its 2026 budget faces painful cuts, risking support for nations navigating US-imposed tariffs amid a donor funding decline.
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UNCTAD warns its 2026 budget faces painful cuts, risking support for nations navigating US-imposed tariffs amid a donor funding decline.
Rising trade tensions dim global trade outlook; WTO warns of a 0.2% decline that could worsen to 1.5% under renewed tariffs, while UNCTAD sees slower growth.
Chinese President Xi Jinping reaffirms China’s enduring role in the Global South during his speech at UNCTAD’s 60th anniversary, emphasizing multilateralism and sustainable development.
The UNCTAD’s 2023 report warns of a challenging global economy ahead, citing inflation, inequality, and sovereign debt. Experts discuss solutions and necessary reforms.