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WTO forecasts slower world trade growth
Reuters·T1·
The World Trade Organization (WTO) projects a significant slowdown in global trade growth, estimating it will reach only 1.9% this year, down from 4.6% in 2025. The report warns that the ongoing conflict in the Middle East could further dampen this outlook. Escalating energy prices and disruptions to global transport routes stemming from the war are identified as key risks that may exacerbate the trade deceleration.
Tags
macro
energy
Original Source
Reuters — www.reuters.com