IMF upgrades global growth forecast

IMF upgrades global growth forecast

(VOVWORLD) - The International Monetary Fund (IMF) on Tuesday upgraded its global growth forecast to 3.1% this year, according to its newly released World Economic Outlook update
UN envoy optimistic about achieving peace in Sudan

UN envoy optimistic about achieving peace in Sudan

(VOVWORLD) -The United Nations Secretary-General’s Envoy to Sudan Ramtane Lamamra, on Sunday, expressed optimism about the possibility of achieving peace and stability and ending the conflict in Sudan
2023 sees global trade recession but hope is in sight

2023 sees global trade recession but hope is in sight

(VOVWORLD) - Persistentinflation and high interest rates, slow recovery of many major economies, geopolitical instability, and rising public debt in many countries have caused a global trade recession this year. Economists say...
Global trade to drop 5% this year

Global trade to drop 5% this year

(VOVWORLD) - Global trade is set to contract 5% in 2023, the UN Conference on Trade and Development (UNCTAD) said Monday, and its forecast for 2024 was pessimistic
Vietnam strives to remove IUU yellow card

Vietnam strives to remove IUU yellow card

(VOVWORLD) - With the drastic intervention of the entire political system, illegal, unreported, and unregulated (IUU) fishing activities in Vietnam have been reduced. As a result, the European Commission may soon remove its ...
IMF upgrades its GDP forecast

IMF upgrades its GDP forecast

(VOVWORLD) - The International Monetary Fund (IMF), on Tuesday, upgraded its GDP forecast for India for the current financial year 2024 to 6.3 per cent from 6.1 per cent,...