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Your email address will not be published.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

Sweden urges EU to impose sanctions against Israel’s Ben-Gvir, Smotrich

Sweden has called on the EU to issue sanctions against Israeli ministers…

Israel forcibly displaced 250,000 Palestinians in Gaza Strip: UNRWA

The UN Relief and Works Agency for Palestine Refugees said that Israel…

Somalia to introduce direct elections from next year

Somalia will start electing its president and other officials by direct vote…

White House denies Gaza talks are close to collapse

US National Security Council spokesman John Kirby on Friday denied reports that…