Geopolitical and economic shocks undermined investor confidence last year, a report has said The international investment climate was “extremely gloomy” last year as “cascading” geopolitical and economic shocks undermined investor confidence around the world, according to the United Nations Conference on Trade and Development (UNCTAD). Global foreign direct investment (FDI) plunged by 12% in 2022 to $1.3 trillion after a strong rebound in 2021, the UNCTAD said in its World Investment Report 2023. The organization attributed the decrease to overlapping global crises, such as the conflict in Ukraine, high fo
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