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Your email address will not be published.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

US says reports of mass graves in Gaza are troubling

The US State Department said on Tuesday that reports of mass graves…

World sees lives of Palestinians as ‘less important’ than lives of Israelis: Jordan’s King

Jordan’s King Abdullah II on Saturday said that the lives of Palestinians…

Israel announces strikes in southern, eastern Lebanon

The Israeli army has announced that it has begun to strike alleged…

Ukraine asks world to pressure Russia over grain deal

Ukraine called for global powers to pressure Russia as the future of…