Global trade

While Global trade contracted 3%, with hopes to rebound in 2024, intra-African trade increased by 6 percent in 2023. The United Nations Conference on Trade and Development (UNCTAD) disclosed this in its latest Global Trade Update.…

Global trade, devastated by the coronavirus crisis, will shrink by less than expected this year but the rebound will also be much weaker than previously forecast, the WTO said Tuesday. Revising its prior “optimistic scenario” forecast of…

The US-China trade war will affect global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this year and next and predicting that “everyone is going to suffer” from a clash between the world’s two biggest…