Liza Almonte
Global trade turns from record growth to negative in 2H: UNCTAD
Global trade is set to reach nearly US$32 trillion for 2022, but its growth has turned negative in the second half of 2022
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WTO rules vs US tariffs on China steel, aluminium
The World Trade Organization ruled the US’ Section 232 tariffs on steel and aluminum imports from China and three other countries are inconsistent...
Shanghai’s Jan-Oct foreign trade grows 5.3%
Foreign trade value rises 5.3% y-o-y to 3.46 trillion yuan (about US$483 billion) in January-October this year
Exports grew 12.5% to 1.41 trillion...
G20 economies urged to avoid imposing trade curbs
Group of 20 and WTO members urged to avoid imposing trade limits that can further aggravate the global economic outlook
WTO Director-General Ngozi...
Green food cold chains weapon vs climate change
More investment in sustainable food cold chains is needed to reduce hunger, provide livelihoods to communities and adapt to climate change, UNEP and...
IMF cuts 2023 global growth forecast to 2.7%
IMF says pressures from the Russia-Ukraine war, spiralling energy and food prices, inflation and interest rate spikes have led the Fund to trim...
UNCTAD, WCO sign pact boosting customs modernization
New agreement signed by UNCTAD and the World Customs Organization seeks to boost customs modernization by enabling interoperability of their trade facilitation systems
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WTO sees 2023 trade slowing sharply amid headwinds
World merchandise trade growth in 2022 revised up to 3.5% from 3.0% forecast in April
Growth is, however, seen slowing in 2H 2022...
UNCTAD warns of policy-induced global recession
Developed economies’ monetary and fiscal policy moves risk pushing the world towards global recession and prolonged stagnation, UNCTAD warns
With global growth forecast...
WB lowers growth forecast for Asia due to China slowdown
Growth forecast for China cut sharply to 2.8% this year, rising to 4.5% in 2023
Vietnam, with forecast growth of 7.2% this year,...