world-trade-organisation-wto

Trade rebounds but recovery still uncertain

Global trade shows signs of bouncing back from the Covid slump said the World Trade Organization but cautioned that any recovery could be disrupted by the ongoing pandemic effects. The WTO now forecasts a 9.2% decline in the volume of world merchandise trade for 2020, followed by a 7.2% rise in 2021 but said the estimates are subject to an unusually high degree of uncertainty since they depend on the ... [+]

Tensions take their toll of world trade

World merchandise trade is expected to remain below trend into the fourth quarter of 2019, according to the World Trade Organisation (WTO) latest Goods Trade Barometer. The reading of 96.6 is a slight improvement over the 95.7 registered in August, but it remains well below the index’s baseline value of ... [+]