World Trade Organiztion

Global trade fell 14.8% in the second quarter of 2020, according to Tradeshift, but evidence of an upward curve in June suggests the impact of the COVID-19 pandemic could bottom out at the lower end of the 13% to 32% decline predicted by the World Trade Organization. Tradeshift's Global Index of...

Good day, The World Trade Organization (WTO) expects global trade to decrease anywhere between 13% and 32%, with the wide spread due to the uncertainty behind the economic impact of the ongoing COVID-19 health crisis. To put the numbers in perspective, the largest drop during the 2009 financial...

"These numbers are ugly. There's no way around that," admitted World Trade Organization (WTO) Director-General Roberto Azevedo during a press conference on Wednesday, upon the release of the WTO's coronavirus forecast. The trade organization outlined two potential scenarios: an optimistic V-shaped...

Trade expert Clyde Prestowitz was on Kathleen Hay's Advantage Show, on Bloomberg Radio, late last week. Presowitz was a trade negotiator in the Reagan Administration, and has also worked with the Clinton Administration on trade issues. His latest book is called “The Betrayal of American Prosperity...