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FDI in developing economies fall nine per cent - The Nation Newspaper

FDI in developing economies fall nine per cent - The Nation Newspaper
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BNP Paribas: Bearish outlook on USD with eyes on EUR/USD and USD/JPY

BNP Paribas predicts a bearish outlook on the USD, influenced by the dovish Federal Reserve and global economic trends. The bank forecasts EUR/USD to rise and USD/JPY to fall, reflecting a multi-year downtrend in the USD.

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G20 Summit in Delhi: Nine facts you need to know about the global forum

Delhi is all geared up to host one of the biggest events of the year, the G20 Summit. The Summit is held annually, under the leadership of a rotating Presidency. This time, the chair is held by India under the presidency of Prime minister Narendra Modi. Watch this visual story to know more about this intergovernmental forum.

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Global FDI slumps 42% in 2020 as pandemic disrupts economic activity

SHARE Global foreign direct investment slumped 42 per cent in 2020 and is expected to weaken further in 2021 as the Covid-19 pandemic continues to affect the pace of economic recovery, according to the United Nations. Foreign investment flows plunged to $859 billion at the end of December, down from $1.5 trillion in 2019, the UN Conference on Trade and Development said in its latest Geneva-based Unctad expects FDI flows to shrink by a further 5 to 10 per cent in 2021, despite a pick-up in trade momentum and signs of an economic recovery. “Although the global economy is expected to initiate a hesitant and uneven recovery in 2021 … investors are likely to remain cautious in committing capital to new overseas productive assets,” Unctad said in the report. “International investors tend to have a long gestation period and react to crises with a delay, both on the downward slope and in the recovery.”

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