07.10.2008 - Global FDI grew by 30%
From Independent.co.ug: In its 2008 world annual investment report, United Nations Conference on Trade and Development (Unctad) said, the flows were largely driven by increased cross border mergers and acquisition activity. The current global financial crisis has not affected investment flows made last year, but as the turmoil reaches boiling point, hitting investment confidence and drying up liquidity, investment activity is expected to halt with the robust FDI flows of last year expected to fall by 10% this year. Sovereign wealth funds and state owned investment funds may prove to be a buffer in the leaner times. The funds have emerged as new actors in the global investment scene...... Full Article: Source