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Your email address will not be published.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

Peru protesters clash with police in airport takeover bid

Dozens of protesters have attempted to take over an airport near Peru’s…

Houthis claim to down US drone on ‘hostile mission’

Houthi military spokesman Gen Yahya Saree said the drone was shot down…

Ukraine has enough energy reserves for winter: PM

Ukraine’s PM Denys Shmyhal stated that the country had enough coal and…

‘Time to open the gates of hell’ on Gaza: Israeli communications minister

Israel’s communications minister is the latest senior official to back Trump’s call…