WTO cuts global trade growth forecast by half
The World Trade Organization (WTO) forecasts that global trade growth in 2023 will only reach 0.8%, down by half compared to before.
Recovery unabated amid uncertainty
2023 looks to be a challenging year for the global economy, with global growth decelerating owing to monetary tightening and the Russia-Ukraine military conflict continuing to weigh on activity. Persistent inflation pressures, and now financial sector problems in the U.S. and Europe, are injecting