By David Lawder WASHINGTON, April 16 (Reuters) – The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing…
https://gcaptain.com/imf-sees-slow-and-steady-growth-of-global-economy/
By Brendan Murray (Bloomberg) — Global merchandise trade is struggling to accelerate from a slump last year amid signs that growth in the automotive industry is softening, the World Trade Organization…
https://gcaptain.com/global-trade-struggling-to-bounce-back-from-2023-slump-wto-says/
The recent attacks on Red Sea shipping coupled with existing geopolitical and climate-related challenges are reshaping global trade routes with the potential for major economic and environmental implications. This is…
https://gcaptain.com/unprecedented-shipping-disruptions-reshaping-global-trade-un-report/
By Philip Blenkinsop BRUSSELS, Jan 29 (Reuters) – The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024 due to a less buoyant global economy…
https://gcaptain.com/wto-says-trade-growth-estimates-appear-overly-optimistic/
The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical tensions and climate change. These disruptions are…
https://gcaptain.com/unctad-sounds-the-alarm-over-unprecedented-disruptions-to-global-trade/
(Bloomberg) — Global trade will decline in 2023 by about 5% from last year’s record as high borrowing costs weigh on economies, US-China tensions redirect supply chains and more policies restricting cross-border…
https://gcaptain.com/global-trade-to-drop-5-this-year-amid-geopolitical-headwinds/
(Bloomberg) — A.P. Moller-Maersk A/S, a bellwether for global trade, fell after saying it’s cutting at least 10,000 jobs to shield its profitability in a shipping market that is set…
https://gcaptain.com/maersk-slumps-after-forecasting-weak-global-trade-until-2026/
Technology, including artificial intelligence (AI) and the metaverse, is the ultimate tool for transforming our world for the better. Never have we been so privileged as we are now – to have software so sophisticated that we can bring ideas to life at speed on an international scale.
Transition To Digital EraDigitalisation has elevated the manual processes of yesterday, accelerating how data is shared and applied, how we can better serve communities, and how we...
https://mfame.guru/how-ai-is-a-gamechanger-for-global-trade/
(Bloomberg) — Flexport Inc. founder Ryan Petersen said ex-Chief Executive Officer Dave Clark’s ouster means the once high-flying freight technology company will focus on revenue growth and becoming profitable again…
https://gcaptain.com/petersen-returns-to-revive-flexport-profits-trade-for-all-goals/
(Bloomberg) — The global trade finance gap jumped to a record $2.5 trillion last year, as heightened economic risks left banks’ financing capacity stretched, according to the Asian Development Bank….
https://gcaptain.com/global-trade-finance-gap-at-record-2-5-trillion-says-adb/