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/
By: Jane Kelsey, University of Auckland, Waipapa Taumata Rau The 13th World Trade Organization (WTO) ministerial conference in Abu Dhabi has failed to resolve any issues of significance, raising the […]
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/
GENEVA, March 1 (Reuters) – Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday. However, the WTO said any slowdown may be short-lived given that container throughput at Chinese ports and new export orders have already started to pick up, the former following a sharp easing of COVID-19 restrictions in China. The WTO said its goods trade barometer dropped to 92.2 points in March...
https://gcaptain.com/wto-sees-slowdown-of-global-goods-trade-growth-being-short-lived/
By Ana Monteiro and Eric Martin (Bloomberg) — The US merchandise-trade deficit shrank in April by the most since 2009 as imports fell amid lockdowns in China while exports increased to…
https://gcaptain.com/u-s-merchandise-trade-shrinks-most-since-2009/
New research by the World Trade Organization and the World Customs Organization indicates that there are trade gains to be made from widespread adoption of new, advanced, data technologies but a variety of issues, such as data privacy, a lack of expertise, and information accessibility – among others – can hinder...
BRUSSELS, Feb 14 (Reuters) – Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the coming months, the World…
https://gcaptain.com/wto-says-demand-shock-behind-trade-bottlenecks-should-ease-in-months/
Ahead of the upcoming World Trade Organisation (WTO) meetings, the International Chamber of Shipping (ICS) has called for maritime transport to be prioritised in multilateral trade negotiations. The…
Arleigh Burke-class guided-missile destroyer USS Stockdale (DDG 106) conducts a replenishment-at-sea with HMAS Sirius (O 266) while Ticonderoga-class guided-missile cruiser USS Lake Champlain Sailors watch onward during a bilateral exercise with Royal Australian Navy HMAS Ballarat Strike Group, Oct. 10, 2021. US Navy Photo
The key reason Australia entered into a new security agreement with the United States and United Kingdom that includes building nuclear-powered submarines is “to project power...
Global gross domestic product and world merchandise trade volumes are forecast to grow strongly, says the World Trade Organization in its latest bulletin. Economic activity has come roaring back as merchandise trade has been lifted above pre-pandemic levels. Economists are scrabbling to update their spreadsheets.
“Trade has been a critical tool in combatting the pandemic, and this strong growth underscores how important trade will be in underpinning the global economic recovery,” WTO...
https://www.shippingaustralia.com.au/trade-volumes-likely-to-grow-says-wto/