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WTO Raises Forecast for Trade Rebound
World Trade Organization slightly raises 2024 goods trade forecast but wary of potential setbacks
The Geneva-based WTO projected that global goods trade will increase by 2.7% this year, compared with the 2.6% it forecast in April. But it predicted growth of 3% next year, down from the 3.3% it forecast previously. Last year, the volume of world merchandise trade was down 1.1%, pushed lower by high inflation and rising interest rates.
WTO Raises Forecast for Trade Rebound as Interest Rates Fall
World trade is set to rebound this year at a slightly faster pace than previously forecast as central banks lower their key interest rates, the World Trade Organization said Thursday.
WTO Forecasts Gradual Trade Recovery In 2024, 2025
Global goods trade is on course for modest growth throughout 2024 and 2025, despite risks emanating from the conflict in the Middle East, the World Trade Organization forecast Thursday.
3d
World Trade Organization slightly lifts 2024 global good trade outlook
The World Trade Organization on Thursday lifted its estimate for global goods trade to rise 2.7% this year, up from its view ...
4d
Global trade could climb 3% in 2025 if MidEast conflicts contained, WTO says
The World Trade Organization on Thursday nudged up its forecast for global trade volumes this year and said a further pick up ...
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Global Trade Grows but Remains Vulnerable to War and Geopolitics
New reports from the World Trade Organization and a Washington think tank showed how robust global trade could quickly be ...
Foreign Affairs
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The World Is Abandoning the WTO
But over the last 15 years, WTO negotiations have frequently resulted in stalemate, evident most notably in the failed Doha ...
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Global trade up despite growing conflicts — 10 Oct 2024
The World Trade Organization's chief economist Ralph Ossa says global trade is on the up despite growing conflicts and trade ...
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WTO Says Outlook for Goods Trade Is Clouding Amid Mounting Risks
Global goods trade in 2025 will grow less then initially forecast, the World Trade Organization said, as rising instability ...
4d
on MSN
China's Trade War With the West Intensifies
China's trade spat with the European Union deepened as Beijing introduced tariffs of up to 30 percent on brandy originating ...
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