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Your email address will not be published.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

Palestinian civilians in Gaza are crying out for basics of life: WHO official

World Health Organisation Emergency Medical Teams co-ordinator Sean Casey said that Palestinian…

Building damaged in drone attack on Eilat

A building in the southern Israeli city of Eilat sustained minor damage…

Hezbollah will not discuss cross-border violence until Israel ends Gaza war: Official

Sheikh Ali Damoush, deputy chairman of the executive council of Hezbollah, said…

Israeli army says it struck Hezbollah site in southern Lebanon

The Israeli army said it has struck a site used to manufacture…