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UN ‘s Asia-Pacific gathering wraps up with call for better trade deal for poorer States

Exports from the world’s poorest countries should be granted duty- and quota-free access to markets, according to government officials, economists and academics attending a regional United Nations trade meeting as they warned against a turn towards protectionist policies. More than 100 participants at the first session of the Committee on Trade and Investment of the Economic and Social Commission for Asia and the Pacific (ESCAP), which wrapped up today in...

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World unemployment up despite economic recovery

Despite signs of an economic revival gathering pace around the globe, the millions of people laid off during the worst recession in 70 years are unlikely to see relief any time soon as joblessness is still climbing in many of the world's largest economies. Unemployment data typically lags other indicators of economic health as companies hold off adding staff in the early stages of a rebound. The upturns recorded recently in...

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Global Report warns of impending violence and chaos

A UN Habitat publication warns that inequalities and worsening informal settlements (read slums) could lead to widespread violence and chaos in the cities and towns of the world. The newly-released report titled “Planning Sustainable Cities: Global Report on Human Settlements 2009” says that with almost 200,000 new dwellers flooding into the world cities and towns each day, there is an urgent need to check the mushrooming of such settlements. The...

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Workers plan massive protest on jobs, prices

The trade union leaders say workers will not stop work, but will attend the demonstrations before or after their shifts Millions of workers will be on the streets across India on Wednesday, picketing and holding rallies to protest rising prices and Job Losses, officials said, though there may be little impact on production. Four major trade unions, including those affiliated with the ruling Congress party and those with the opposition...

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Employers let temporary workers go first during economic crisis – UN report

Workers who found jobs through temporary employment agencies were among the first to find themselves out of work as a result of the global financial and economic crises, according to a new United Nations report released today. The International Labour Organization (ILO) report noted that the largest number of temporary Job Losses was recorded in the manufacturing sector of developed countries, especially in the car industry. Spotlighting Germany, where between...

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