It is on the rise on the side of. Business asia indeed of your self as well. The World Trade Organization says that worlds trade growth is slowing at an alarming rate for the dickel instability and the persisting Trade Conflict between the world the worlds two biggest economies are taking their toll britains increasingly chaotic Divorce Proceedings from the make things worse than previously expected Global Growth could slow even more dramatic increase but no deal breaker said which looks increasingly likely for the World Trade Organization says global trade is expected to grow at a much slower pace this year than previously thought w. T. Your analysts have lowered their Growth Forecasts for twenty nineteen to only two point six percent from three point seven percent the World Trade Organizations General Secretary who best as if they had all said this should come as no surprise to anyone. In twenty seventeen global trade in goods and Services Roles and by four
point six percent but ongo
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german coffee retailer chibnall long known for its non coffee offerings ranging from kitchen utensils to clothes is arguing for stricter government oversight of the fashion industry in western economies meanwhile some companies are trying to tackle the industry s problems with their own approaches including a company in india there found a way to up cycle left over fabrics to stylish new garments. at this clothing design studio in southwest delhi fabric waste is seen as a valuable resource. the philosophy here is simple we don t need more new clothes repair more it s a challenge to the fast fashion business model a challenge that textile up circular due diligence is proud to be making the problem in the fashion industry it starts from the fact that it s being done a linear fashion model city day about sorry three percent of the garment three
it s over i think you know if we start to see continue if we continue to see this kind of economic slowdown and the kind of disruptions that are occurring as a result of these trade conflicts continue i suspect you ll start to see the country starting to look to cooperate again and maybe we can use this kind of crisis to strengthen global cooperation let s hope it s just a phase rather copeman that chief economist of the world trade organization in geneva thank you very much for joining us. german coffee retailer long known for its known coffee offerings ranging from kitchen utensils to clothes is arguing for stricter government oversight of the fashion industry and western economies the company says regulation is the only way to establish higher wages and better working standards in developing countries that voluntary action was not enough. meanwhile some companies are trying to tackle the industry s problem with
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