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Your email address will not be published.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

Is BNP’s Tarique Rahman the change post-Hasina Bangladesh is looking for?

It was almost midnight, but tens of thousands of people were still…

Red Sea threats sink Maersk profits

Shares in shipping giant Maersk have dropped after it warned of an…

Qatar opposes ‘collective punishment policy’ in Gaza: PM

Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said that his…