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Russia-Ukraine conflict puts fragile global trade recovery at risk | Hellenic Shipping News Worldwide

The organization now expects merchandise trade volume growth of 3.0% in 2022โ€”down from its previous forecast of 4.7%โ€”and 3.4% in 2023, but these estimates are less certain than usual due to the fluid nature of the conflict (Table 1). The most immediate economic impact of the crisis has been a sharp rise in commodity prices. ...
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