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Your email address will not be published.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 foreign ministry demands halt to planned Al-Aqsa march

The Palestinian Authority‘s Ministry of Foreign Affairs is calling for international pressure…

Russia sends back US diplomats

Moscow: On Wednesday, Russia openly declared that it was authorizing US embassy…

EU to launch mission to protect Red Sea navigation

EU foreign ministers will meet on Monday in Brussels to formally launch…

Ukraine fights Russian surge on revolution anniversary

Ukraine said Tuesday it was fighting off dozens of attacks, after President…