Africa’s exports to grow by 5.3% in 2024, fastest in the world- WTO
The World Trade Organisation (WTO) in its trade outlook for 2024 has projected that exports from Africa will increase at ...
Tag: global trade
Around 10% of global trade is threatened as Maersk and others pause shipments via the Red Sea
Approximately 10% of global trade flow through the Red Sea is currently under threat after shipping giants like A.P. Moller-Maersk ...
Global trade to drop 5% this year amid geopolitical headwinds
Global trade will decline in 2023 by about 5% from last year’s record as high borrowing costs weigh on economies.
Global trade in natural gas hits record in 2022
Global trade of liquefied natural gas (LNG) reached a record high of 51.7 billion cubic feet per day (Bcf/d) in ...
Alert: IMF warns against protectionism, says it will make the world poorer
The International Monetary Fund has warned members about the adverse effects of protectionism as a response to globalization, stating it ...
China’s manufacturing costs rise to highest since 2008, slashing profitability for businesses
Chinese manufacturers have seen their production costs rise significantly, to the highest since 2008, slashing corporate earnings.
Global trade to record worst decline in 2020 since global financial crisis of 2008
The World Trade Organisation (WTO) has declared that global trade would experience its worst decline in 10 years as a result of ...
