After Covid-19 crippled global commerce, the World Trade Organization said March 31 that it expected the planet’s merchandise trade to increase 8% in 2021 after contracting 5.3% in 2020.
Your Monday morning coffee briefing from TFG. The WTO is forecasting growth in global merchandise trade of 8.0% this year following a contraction of 5.3% in 2020.
Your Monday morning coffee briefing from TFG. Thousands strike in Myanmar following military coup. South Africa halt rollout of AstraZeneca vaccine over concerns about new strain. Oil prices return to pre-pandemic levels.
The UK and Canada agreed to roll over their existing trade arrangements after the transition period and developments with a Covid-19 vaccine.
A busy week in trade with the US Election results confirming President-Elect Joe Biden and potential success with a COVID-19 vaccine. Continued struggles for SMEs around the globe, as well a number of industry-leading events and announcements.
The presidential transition period which lasts until 20 January will freeze talks on a UK-US trade deal Numbers of new confirmed Covid cases continued to rise in the US, Germany and Italy.
“WTO economists believe the decline will likely exceed the trade slump brought on by the global financial crisis of 2008-2009″
Trade in Services – What does this mean and how does it affect my business? Trade in services is sometimes referred to as an international trade of services. It is… read more →