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World Trade Organization slashes forecast for global imports, exports

Por: The Hill Politics October 06, 2022

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Global trade will lose momentum next year amid rising interest rates, a shrinking energy supply and high prices, according to the World Trade Organization (WTO).  The WTO estimates that global merchandise trade will grow by 1 percent next year, down sharply from its 3.4 percent forecast this spring. The organization said that trade will increase by 3.5 percent this year, up slightly from its previous 3 percent estimate, but noted that the... + full article



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