Thursday, September 29, 2016

Seven Fat Years And Then Seven Lean Years

WTO expects slowest trade growth in 2016 since financial crisis

GENEVA - World trade will grow more slowly than expected in 2016, expanding by just 1.7 percent, well below the April forecast of 2.8 percent, according to the latest WTO estimates published on Tuesday. With expected global GDP growth of 2.2 percent in 2016, this year would mark the slowest pace of trade and output growth…