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This monthly round-up brings you a selection of the latest news and updates on global trade. Top international trade stories: A new World Bank report highlights global trade challenges and slow recovery; Emerging economies' share of world trade has doubled over past 60 years, UNCTAD says; India sees boom in exports; and more.
Published May 24, 2023 · Updated Sep 10, 2024. Top international trade stories: G7 looks to diversify supply chains away from China; Carmakers urge Britain and EU to rethink post-Brexit trading arrangements; and more. Image: REUTERS/Jason Lee. Sean Doherty. Head, International Trade and Investment; Member of the Executive Committee,World ...
2. EU-Mercosur trade deal faces delays. A long-delayed trade treaty between the EU and the Mercosur bloc of South American nations has hit a further stumbling block with the cancellation of EU trade commissioner Valdis Dombrovskis' trip to Brazil to finalize the agreement.
Meanwhile, the IMF’s latest World Economic Outlook puts world trade growth at 3% and 3.3% for 2024 and 2025, respectively, despite revising down its projections from earlier in the year. And the WTO projects world merchandise (goods) trade volumes to grow 2.6% and 3.3% in 2024 and 2025, respectively, after a significant decline last year.
Guillaume Dabré. This monthly roundup brings you a selection of the latest news and updates on global trade. Top international trade stories: US imposes new tariffs on China imports; Surge in demand for green energy minerals; South Africa considers lodging complaint with WTO over EU's carbon border tax. 1.
Making news more gender diverse has a range of benefits including building audience trust and making news organizations more profitable. The belief that the gender gap in the world’s newsrooms is no longer a concern strengthens with every high-profile editorial announcement of a woman in news leadership. But beyond the surface lies a much ...
1. Promising rebound in global trade expected for 2024. Global trade will rebound in 2024, with a projected 2.6% growth in the volume of merchandise trade this year and an even more robust 3.3% in 2025, economists predict. World commercial services trade grew 9% in 2023, according to the Global Trade Outlook and Statistics report, published by ...
Emerging economies have seen their share of total global trade rocket in recent years. China, for instance, is now responsible for 15% of all world exports. Unfinished goods, components and services account for 70% of all trade. While trade in services accounts for two-thirds of global GDP, COVID-19 has had a devastating impact on trade patterns.
This monthly roundup brings you the latest global health and wellbeing news and research. Top health news stories: global confirmed COVID-19 cases pass 500 million; new breakthroughs in cancer treatment and detection; research uncovers 16 types of sleeper. 1. The latest health news. Global confirmed COVID-19 cases passed 500 million since the ...
The World Economic Forum’s Global Risks Report 2024 says the biggest short-term risk stems from misinformation and disinformation. In the longer term, climate-related threats dominate the top 10 risks global populations will face. Two-thirds of global experts anticipate a multipolar or fragmented order to take shape over the next decade.