The world's commercial fleet grew by 3.5% during the 12 months to Jan 1, 2015, the lowest annual growth rate in over a decade, the United Nations Conference on Trade and Development (UNCTAD) reveals in its Review of Maritime Transport 2015.
Credit ratings agencies have been questioned by the United Nations Conference on Trade and Development (UNCTAD), who says they favor countries with a certain ideological bent.
European countries must support the United Nations’ proposals for sovereign debt restructuring! – Open letter to the UN by 19 economists.On Thursday September 10, the United Nations General Assembly will vote on nine principles concerning the restructuring of sovereign debts.
A United Nations committee, after six months work, on Tuesday, unanimously adopted a historic report that establishes nine principles for restructuring sovereign debt, the committee's chair Sacha Llorenti of Bolivia told reporters.
United Nations Conference on Trade and Development (UNCTAD) said that while Argentina was facing potential financial instability, its solvency and the sound macroeconomic fundamentals in other countries of the region “should prevent the shock from developing into a regional financial crisis.”