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Cooperation is possible even in midst of competitionGlobal cooperation is possible on many issues, even in the midst of competition and confrontation, and leaders can work together despite not seeing eye-to-eye on everything, said Børge Brende, President, World Economic Forum. More… |
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Global services trade to slow amid weak growth: WTOWorld services trade activity appears to have weakened in the fourth quarter of 2022 and is likely to remain soft in the opening months of 2023, with slowing growth in major economies weighing on the post-pandemic recovery, said the WTO. More… |
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Global trade growth slowing towards year-end: WTOTrade growth is likely to slow in the closing months of 2022 and into 2023, according to the latest WTO Goods Trade Barometer, as the global economy continues to be buffeted by strong headwinds. The current reading of 96.2 is belo More… |
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Global goods trade growth slows in Q2: WTOGlobal goods trade continued to grow in the second quarter (Q2) of 2022 but that the pace of growth was slower than in Q1 and is likely to remain weak in the second half of the year, said the World Trade Organization in a new report. More… |
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Global services trade continues growth in Q2: WTOWorld services trade continued to grow into the second quarter of 2022, indicating resilience to the conflict in Ukraine according to the latest Services Trade Barometer of the World Trade Organization (WTO). The latest reading of More… |
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Ukraine war, Covid weigh on goods trade in H1: WTOThe conflict in Ukraine and recent pandemic-related lockdowns in China appear to be dampening global goods trade in the first half of 2022, according to the latest Goods Trade Barometer of the World Trade Organization (WTO). he cu More… |
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Global supply chain pressures easing, says WTOSupply disruptions have dampened the strength of the rebound in global merchandise trade, but this could be starting to change as supply chain pressures show some signs of easing, according to the latest WTO Goods Trade Barometer. More… |
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Global tourism sees upturn in Q3 but recovery fragileWhile international tourist arrivals (overnight visitors) increased by 58% in July-September compared to the same period of 2020, they remained 64% below 2019 levels, said the UN World Trade Organisation (UNWTO) in a new report. A More… |
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Services trade rebound likely in short run: WTOAfter falling sharply during the global pandemic, world services trade appears to be in a recovery phase, according to the Services Trade Barometer of the World Trade Organisation, which has recently risen firmly above trend. Howe More… |
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Services trade rebound likely in short run: WTOAfter falling sharply during the global pandemic, world services trade appears to be in a recovery phase, according to the Services Trade Barometer of the World Trade Organisation, which has recently risen firmly above trend. Howe More… |
