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Your email address will not be published.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

London’s Muslim mayor fears for safety amid far-right riots

London Mayor Sadiq Khan has said he does not feel safe as…

Negotiations underway to restore Gaza truce: Qatar

Qatar’s Foreign Ministry said on Friday that negotiations were continuing to restore…

Saudi Arabia donates $40 million to UNRWA

Saudi Arabia announced a $40 million donation to the UN’s agency for…

Multiple Pakistani Umrah pilgrims die in road accident in KSA

At least nine Pakistani Umrah pilgrims, including women and children, lost their…