Global foreign direct investment, affected by the uncertainty of the pandemic, plummeted 49% year-on-year in the first half of 2020, according to an analysis by the United Nations Conference on Trade and Development (UNCTAD).
Lockdowns around the world have held back investment projects and the prospect of a severe recession has led multinationals to freeze new projects.
Developed economies have seen the biggest drop, 75% year-on-year, to $ 98 billion. By regions, Europe closed the period with a negative investment figure and in North America they fell 56%.
In developing economies, the fall in investment was less than expected, at 16%, in part because investment in China has held up. Africa has been the most affected region (-28%) followed by Latin America (-25%).
For the year as a whole, UNCTAD maintains a forecast of a fall in foreign investment of between 30% and 40%, but admits that it depends “on the duration of the health crisis and the effectiveness of policies to mitigate the effects of the pandemic”, and on “geopolitical risks”.
OCHA / YPN
The number of children suffering from acute malnutrition has reached record levels in some areas of southern Yemen, warns a report by various UN agencies.
The pandemic, the economic crisis, the floods, the conflict and a cut in funds for humanitarian aid have caused hunger to grow even more in the country, after almost six years of war.
According to a report by the Integrated Food Safety Phase Classification, cases of severe acute malnutrition in children under five children have increased by around 10% in 2020, surpassing half a million children. At least 250,000 pregnant or breastfeeding women also need treatment for malnutrition.
“What can the world do right now? We have been warning for several months that Yemen was heading towards the precipice. Now We are already seeing the first people fall off the cliff. They are children under the age of five. 100,000 are at risk of dying, ”said Jens Laerke, the spokesman for the Office for the Coordination of Humanitarian Aid. “The world can help. The world can help by supporting the humanitarian response plan. “
Until the middle of October, only $ 1.43 billion of the $ 3.2 billion needed this year had been received. Are needed urgently at least $ 50 million to expand nutrition programs.
© UNICEF / Omar Albam
The envoy of General secretary for Syria, he has asked Russia and Turkey to “work to contain” the situation in the north-west of the country, where there have been violent attacks again in recent days.
On Monday, bombings of the training camps of Failaq al-Sham, an armed opposition group represented in the Constitutional Committee, and the Astana meetings left a large number of victims. Today, opposition groups and the Hayat Tahrir al-Sham terrorist group have responded by firing missiles at government-controlled areas.
Geir Pedersen has called on Russia and Turkey to contain the situation.
“These dynamics can crumble the valuable calm achieved through the positive cooperation of Russia and Turkey; a cooperation that already faces challenges, given that the joint patrols have been detained for more than a month. “
The UN humanitarian aid coordinator, Mark Lowcock, said that in that area of the country coronavirus cases have multiplied by six in the last month and they are increasing in IDP camps and other settlements. The ability to test in the country remains extremely limited.
WHO delivers medical supplies in Nagorno-Karabakh
ICRC / Gohar Hakobyan
The World Health Organization is delivering medical supplies in and around Nagorno-Karabakh, where hundreds of civilians have been injured during the recent escalation of hostilities.
Supplies include trauma and surgical kits, with medications and supplies to ensure the post-traumatic care of a hundred injured. They have been handed over to the Armenian and Azerbaijani Ministries of Health, which will use them in public health systems.
The emergency supplies arrived in Yerevan on October 23 and those destined for Baku are in transit.
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