World Trade Organization slashes trade growth estimate

MG News | October 01, 2019 at 04:06 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

October 1, 2019: The World Trade Organization on Tuesday cut its 2019 trade growth forecast to 1.2 percent, a sharp downgrade on the 2.6-percent rise predicted in April, which the body blamed on escalating trade tensions.

"The darkening outlook for trade is discouraging but not unexpected," WTO director general Roberto Azevedo said in a statement, blaming "trade conflicts (that) heighten uncertainty."

APP

Related News

Cambodia unveils upgraded National Road 7

European EV sales surge despite China concerns

Thailand factory confidence rebounds after four months

Name	Price/Vol	%Chg/NChg
KSE100	181,259.68 470.84M	-0.20% -369.69
ALLSHR	109,929.76 975.62M	-0.01% -12.56
KSE30	54,098.62 128.04M	-0.33% -180.86
KMI30	255,607.53 154.75M	-0.30% -762.24
KMIALLSHR	70,648.66 584.40M	0.03% 21.76
BKTi	51,158.12 47.42M	-0.71% -368.09
OGTi	36,542.82 7.90M	-0.63% -231.76

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,215.00	63,460.00 61,795.00	785.00 1.26%
BRENT CRUDE	77.29	79.25 76.75	-0.73 -0.94%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-2.50 -2.31%
ROTTERDAM COAL MONTHLY	119.25	119.50 118.50	-0.35 -0.29%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	72.55	75.13 72.37	-0.97 -1.32%
SUGAR #11 WORLD	15.07	15.12 14.89	-0.04 -0.26%