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Your email address will not be published.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

Blinken discusses Gaza with Lebanon’s Prime Minister, Jordan’s Foreign Minister

US Secretary of State Antony Blinken met Lebanon’s Prime Minister Najib Mikati…

Brazil’s top court sentences former president to prison

Brazil’s supreme court sentenced former president Fernando Collor de Mello to eight…

14 year old boy shot dead in alleged police encounter

A 14-year-old Karachi youngster was shot dead in an alleged encounter, triggering…

Israel’s raid on Nablus leaves 12 injured

At least 12 people were injured, including 9 who were shot, during…