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Your email address will not be published.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

Israel advances settlement project that could divide West Bank

Israel has given final approval for a long-disputed settlement project in the…

Layla Moran ‘incredibly lucky’ after family fled Gaza

A British MP whose family escaped Gaza said that she and her…

Hamas expresses hope for ceasefire talks

Palestinian group Hamas said on Tuesday that the Gaza ceasefire talks have…

IMF forecasts 4% growth for Pakistan in FY 2021-22

The International Monetary Fund (IMF) forecasted Pakistan’s GDP growth rate to remain…