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Last winter's war with Israel, which the U.N. Conference on Trade and Development (UNCTAD) says cost the Palestinian economy an estimated $4 billion in economic losses, slowed Draimli's business even more. On a recent weekday afternoon, hours passed before a single customer showed up. But even after the war, he says, some Gazans have continued to find a need for his luxury goods. "The desire to have pets grew in Gaza after the Israeli invasion, because the children were constantly afraid," he says. "So every family that could came to buy a cat or bird for their children...

Author: /time Magazine | Title: Raising Cats in Gaza: A Pet Store Owner's Lament | 10/7/2009 | See Source »

...example, is about $50,000 per year, compared to $160,000 for the same job in Britain, according to consulting firm Forrester Research. For all that, there are no reliable statistics about the extent of offshoring. A report last month by the United Nations Conference on Trade and Development (UNCTAD) said that while outsourcing business services is becoming a significant trend, most of it takes place domestically; only 1-2% is done internationally. Others predict a surge. Forrester in August forecast that Europe will lose 1.2 million jobs to offshore service providers by the year 2015. "The fact is that...

Author: /time Magazine | Title: Au Revoir, Les Jobs | 10/3/2004 | See Source »

...foreigners, and foreign visitors total 2 million a year.) Quite aside from the new arms- control conference, there has been a U.N. disarmament conference more or less permanently in session since 1962. Geneva is not only the European headquarters for the U.N. but world headquarters for ILO, WHO, GATT, UNCTAD and the World Intellectual Property Organization.* Also the International Commission of Jurists, the World Meteorological Association and the International Civil Aviation Organization. Not to mention less official institutions such as the World Scout Bureau, the World Council of Churches and the International Council of Osteopaths. Plus foreign business offices beyond...

Author: /time Magazine | Title: Meeting Place of the World | 3/11/1985 | See Source »

...making power from the industrial countries to the poorer lands. But lately, changes among Third World members have divided the once harmonious group into a company of often competing soloists. The divisions were apparent in Manila at the fifth meeting of the United Nations Conference on Trade and Development (UNCTAD v), the forum where the developing countries present their complaints to the wealthier nations. After a month of sometimes heated dialogue, the conference ended last week in division, indecision and frustration. TIME'S Hong Kong Correspondent Ross H. Munro reports...

Author: /time Magazine | Title: Business: Less Developed, More Divided | 6/18/1979 | See Source »

...Since UNCTAD last met in Kenya three years ago, several Latin American governments as well as Sri Lanka, India and others have moved toward more reliance on free market economics. A resolution calling for the industrialized nations to cancel or suspend debts of the LDCs was quietly suppressed by some of the capitalistic advanced-developing countries. Although the U.S. had already written off $500 million in debts owed by 15 of the poorest nations, ADCs like South Korea, Singapore and Brazil have feared that any further write-off would make them appear to be poor credit risks and that international...

Author: /time Magazine | Title: Business: Less Developed, More Divided | 6/18/1979 | See Source »

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