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Your email address will not be published.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

Gazans desperately need food, water – ‘they’re getting bombs’: UN

The UN on Tuesday accused Israel of trying to “weaponise” the flow…

UN humanitarian chief frustrated by obstacles in getting aid to Gaza

UN humanitarian aid chief Martin Griffiths showed his frustration on Friday regarding…

Pakistan, Afghanistan sign Convention for Avoidance of Double Taxation

Pakistani and Afghanistan signed a Convention for the Avoidance of Double Taxation…

Floods causing deaths in Europe

Due to heavy flooding in western Europe, 120 people have died and…