Steve Macfeely News Today

The WHO is expected to place estimated mortality in India from Covid-19 at 4 million as of the end of 2021, about eight times the officially reported figure.

The Indian government’s complains that the World Health Organisation’s methodology used to calculate deaths from Covid-19 not included in official statistics are incorrect

Illicit financial flows slow down global economic recovery Illicit financial flows slow down global economic recovery Geneva, Apr 20 (Prensa Latina) Billions of dollars in illicit financial flows (IFF) are being currently losing this year, as the world seeks some funds to recover from the Covid-19 crisis, a UN agency assured. UN Conference on Trade and Development (UNCTAD) said these illegal funds hinder the Sustainable Development Goals (SDGs) achievements, for which it designed a conceptual...

Africa pilots anti-illicit financial flows project Tuesday December 29 2020 Illicit funds that are moved across countries secretly divert significant amounts of resources with harmful effects. PHOTO | FILE | NMG Summary Lack of consistent statistics on IFFs causes uncertainty about the size and trends in illicit flows, how and where they originate and their impact on development. IFFs can markedly differ across countries and regions, and lack of a common framework makes their measurement imposs...

Punch Newspapers Sections Ife Ogunfuwa The United Nations Conference on Trade and Development and the United Nations Office on Drugs and Crime have started a pilot project using a new framework that measures illicit financial flows from trade in Nigeria, Afghanistan, Colombia and Ecuador. The UN agencies are also testing the framework in Mexico, Panama and Peru, a statement by UNCTAD said. The agency said more of the pilot projects had been planned for 2021 in other African and Asian nations. E...

COVID-19 drives large international trade declines in 2020 According to UNCTAD’s latest nowcasts (run on 8.12.2020), the value of global merchandise trade is predicted to fall by 5.6% in 2020 compared with last year. This would be the biggest fall in merchandise trade since 2009, when trade fell by 22%. This is a significantly more optimistic nowcast than only a few weeks ago when UNCTAD nowcasts were estimating a fall of 9%. The nowcasts – data-led projections for the immediate future – ...

The coronavirus pandemic is expected to trigger a 5.6% decline in the value of global merchandise trade in 2020 compared with last year, marking the biggest fall in merchandise trade since 2009, when trade fell by 22%, a report said.