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Your email address will not be published.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

MSF ‘horrified’ by Al Shifa destruction following two-week Israeli raid

Doctors Without Borders has said it is “horrified” by the extent of…

Protection of civilians in conflict ‘non-negotiable’: UAE

The UAE told the UN Security Council that the protection of civilians…

Life expectancy for Gazans nearly halved by war: Report

Life expectancy in Gaza fell by about 35 years in the first…

Three Palestinians killed in West Bank

Three Palestinians, including a teenager, were killed by Israeli gunfire in separate…