United Nations Development Group

ILO adds health and safety to workers’ fundamental rights

The International Labour Organization has elevated occupational health and safety to the status of a "fundamental right" for the world's workers, a "historic" decision that will mean new obligations for member states.    

Almost three million people die each year from work-related causes, the UN agency said.    

Losing Russian energy would weigh on Europe’s economy: IMF official

Europe can get by without Russian gas for six months, but beyond that, the economic impact would be severe, a senior IMF official told AFP.

Alfred Kammer, head of the IMF's European Department, urged countries in the region to take a series of steps to ease the blow, including reducing consumption to build up inventory.

IMF cuts global GDP growth forecast to 3.6 pct amid war

The International Monetary Fund on April 19 downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies and increasing uncertainty already heightened by the coronavirus and its variants.

IMF downgrades Slovenia’s 2022 growth forecast to 3.7%

Washington – The International Monetary Fund (IMF) has downgraded its projections for global economic growth in its latest World Economic Outlook, including Slovenia’s. The country’s GDP is projected to increase by 3.7% this year and by 3% in 2023, a downgrade of 0.9 and 0.6 percentage points, respectively, from the October forecast.

World Trade in 2021 Reached a Record 28.5 Trillion Dollars

The volume of world trade in 2021 reached a record high of 28.5 trillion dollars. This is an increase of 25% compared to 2020, and compared to 2019 it is an increase of 13%. Growth in this area is expected to slow in the first quarter of this year, according to a report released today by the United Nations Conference on Trade and Development (UNCTAD).