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UNCTAD

A new report by explores how urban entrepreneurs, or urbanpreneurs, use innovative solutions to tackle challenges triggered by rapid urbanization and drive the expansion of smart cities.

A recent  shows how the Black Sea Grain Initiative, effected to resume exports of Ukrainian grain via the Black Sea amid the ongoing war, has offered hope and shown the power of trade in times of crisis. The report underlines why its critical to renew the initiative next month. Thanks to the initiative, port activity in Ukraine is picking up and large shipments of grain are reaching world markets. The total tonnage of grain and other foodstuffs exported through the initiative had reached almost 8 million metric tons.

s eTrade readiness assessment for Peru will provide diagnostics of how the country is taking advantage of digitalization and e-commerce for development.

Africas economic activity is expected to expand by a moderate 2.7% in 2022 and 2.4% in 2023, following a rebound of 5.1% in 2021, according to .

Monetary and fiscal policy in advanced economies risk pushing the world towards recession and prolonged stagnation, inflicting worse damage than the financial crisis in 2008 and the COVID-19 shock in 2020, warns in its . According to the report, rapid interest rate increases and fiscal tightening in advanced economies combined with the cascading crises resulting from the COVID pandemic and the war in Ukraine have already turned a global slowdown into a downturn with the desired soft landing looking unlikely.

After two years of incredible gains, the prices of Bitcoin and other cryptocurrencies have plunged in recent months; and more turbulence is likely, according to the UN trade and development agency, .

In its latest , the Geneva-based agency is talking about cryptocurrencies with economist Marina Zucker of UNCTADs debt and development finance branch.

Are cryptocurrencies here to stay? Is it time for governments to regulate them? Tune in to hear Ms. Zucker spell out the risks and share her ideas about solutions.

Audio Credit: UNCTAD

Photo Credit: Unsplash/Andr矇 Fran癟ois McKenz

In the second episode of their Weekly Tradecast featured in   talks to Paul Akiwumi, Director of the Africa, Least Developed Countries and Special Programme division. Soaring food and energy prices are hitting especially hard as the region struggles with the impact of the pandemic and climate change. The continent of 1.4 billion people relies heavily on grain and other essentials from Ukraine and Russia exposing them to shortages and crippling costs that imperil development. Mr. Akiwumi, who led the production of the UN trade and development bodys latest , says that to cope with this crisis and insulate itself for the future, Africa must rethink how it diversifies its economies to attract investment and narrow huge income gaps.

Blue BioTrade is the sustainable use and trade of marine resources in a way that improves livelihoods while protecting our ocean.   and partners promote a that aims to empower small-scale producers to prepare and trade queen conch products under the Blue BioTrade environmental, social and economic sustainability criteria. Queen conch is a highly appreciated seafood delicacy with important non-food uses.

Globally, womens participation rate in ports is only 18%. s is helping to bridge the gender gap by empowering more women in ports.

has appointed new eTrade for Women advocates to empower women in the digital economy and promote more inclusive e-commerce ecosystems - the third cohort in its . 

indicates FDI rebounded to nearly $1.6 trillion last year, but warns this course is unlikely to be sustained in 2022.

s port management programme helped Bolivia change its port regulations, paving the way for a private operator like Port Jennefer to earn international status.

The , organized by an -led coalition, called for sufficient and reliable long-term investment in a  to conserve and use the ocean for sustainable development.

The Blue Connection film tells an inspiring story of unity, support, and multilateral collaboration between three countries - Barbados, Belize, and Costa Rica - and their collective efforts to sustainably develop their coastal communities in the wake of the global pandemic. The story shares an intimate perspective of the daily lives and challenges faced by people working in the blue economy through an  project.

Protecting our ocean and boosting its economic benefits demands a global trade, investment and innovation "Blue Deal" to create a sustainable and resilient ocean economy that benefits all.