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Your email address will not be published.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 protests Brittney Griner’s move to Russian penal colony

Washington: On Nov 9, Russian authorities transferred U.S. basketball star Brittney Griner…

PSX soars more than 800 points

Karachi: The Pakistan Stock Exchange (PSX) soared during Wednesday’s intraday trade. Its…

Suspected militant kills dozens in Burkina Faso

Four suspected militant attacks have killed 30 people, including 16 auxiliaries supporting…

US to pull some personnel from the Middle East amid rising tensions with Iran

President Donald Trump said on Wednesday US personnel were being moved out…