SUNS - South North Development Monitor
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SUNS # 9593 Monday 13 June 2022

Trade : WTO DG expects two out of five possible outcomes at MC12 (PRIV)
(D. Ravi Kanth, Geneva)
With less than 48 hours left for the World Trade Organization's 12th ministerial conference (MC12) in Geneva, the WTO Director-General Ms Ngozi Okonjo-Iweala, while apparently acknowledging that negotiations are in a difficult stage, also allegedly said that two out of five possible outcomes could materialize at MC12, said people familiar with the development.

UN : Global FDI recovers in 2021, but prospects look grim this year (PRIV)
(Kanaga Raja, Geneva)
Global foreign direct investment (FDI) flows recovered to pre-pandemic levels in 2021, reaching $1.58 trillion, up 64 per cent from the exceptionally low level in 2020, the UN Conference on Trade and Development (UNCTAD) has said.

UN : Has UN transformed itself into a vast humanitarian relief organization? (PRIV)
(IPS, New York)
The United Nations, which has failed to help resolve some of the world's ongoing and longstanding civil wars and military conflicts - including Palestine, Afghanistan, Yemen, Western Sahara, Myanmar, Syria, and most recently, Ukraine - was rightfully challenged by Ukrainian President Volodymyr Zelenskyy during his riveting address to the Security Council last April.

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