Wednesday, September 28, 2016

WTO Cuts 2016 Global Trade Growth

28 September 2016

The World Trade Organization (WTO) yesterday revised down its 2016 global trade forecast by more than a percentage point. The global trade will expand by just 1.7 percent in 2016, compared to its April projection of 2.8 percent, and compared to a projection last year that trade would swell by 3.9 percent this year.

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