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WTO says its trade growth estimates appear 'overly optimistic' - Vimarsana News

WTO says its trade growth estimates appear 'overly optimistic'

The WTO had estimated in October that merchandise trade growth would be 0.8% for 2023 and 3.3% for 2024.

WTO says its trade growth estimates appear 'overly optimistic' - Vimarsana News

WTO says its trade growth estimates appear 'overly optimistic'

The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024 due to a less buoyant global economy and the potential impact of disruptions to shipping through... -January 29, 2024 at 12:52 pm EST - MarketScreener

Global trade will fall this year amid slower growth and Red Sea turmoil, WTO official says - Vimarsana News

Global trade will fall this year amid slower growth and Red Sea turmoil, WTO official says

World Trade Organization (WTO) in Geneva Reuters Chief WTO Economist Ralph Ossa said on Monday the group's previous global trade growth estimates were "overly…

Source: biztoc.com
WTO says its trade growth estimates appear 'overly optimistic' - Vimarsana News

WTO says its trade growth estimates appear 'overly optimistic'

The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024 due to a less buoyant global economy and the potential impact of disruptions to shipping through the Suez Canal, its chief economist said. The WTO had estimated in October that merchandise trade growth would be 0.8% for 2023 and 3.3% for 2024. Chief WTO Economist Ralph Ossa told Reuters on Monday that both annual growth estimates now appear "overly optimistic".

Source: yahoo.com
UAE a strong supporter of multilateral trade system: WTO Chief Economist to WAM - Vimarsana News

UAE a strong supporter of multilateral trade system: WTO Chief Economist to WAM

Ralph Ossa, the chief economist at the World Trade Organisation (WTO), said that the UAE is a strong supporter of the multilateral trading system.In remarks to the Emirates News Agency (WAM) on the sidelines of the eighth edition of the World Investment F