Image Credits: Meeting Media Group

GENEVA, Oct 21 (Xinhua/APP): A UN report on Wednesday forecast a 7 percent to 9 percent year-on-year drop in the value of global trade in 2020, despite signs of a weak rebound in the third quarter led by a recovery in China.

In the latest quarterly report of the UNCTAD the Geneva-based trade body estimates world trade to be about 5 percent less in the third quarter than the same period in 2019,

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Three Palestinians injured in clashes with Israeli forces in West Bank town

Three Palestinians were injured during clashes with Israeli forces in Beit Fureik…

Russia becomes world’s most sanctioned country

It emerged on Tuesday that Russia had become the world’s most sanctioned…

Qatar says it is still working on ceasefire mediation

Qatar’s Prime Minister said his country is continuing its mediation efforts to…

Iran FM Araghchi’s posts sarcastic reply to Jordan counterpart

Iranian Foreign Minister Abbas Araghchi has questioned his Jordanian counterpart, accusing the…