Swift rebound for world trade still possible through joint action to thwart coronavirus

Global trade in goods could fall by as much as a third this year due to the ongoing COVID-19 pandemic, but a swift rebound in 2021 is possible if the world’s economic policymakers – working together – act immediately, the World Trade Organization (WTO) said on Wednesday.

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Global trade amid COVID-19: Signs of rebound, but recovery uncertain

07 Oct 2020

Global trade is showing signs of bouncing back from a deep, COVID-19-induced slump, the World Trade Organization (WTO) has said, with the caveat that any recovery could be badly disrupted by the future course of the pandemic and how societies react.

Governments urged to protect poor against modern slavery, step up development financing

16 Sep 2020

Unless governments act now, millions of the world’s most vulnerable people could be pushed into contemporary forms of slavery and other exploitation due to the COVID-19 pandemic, a UN independent human rights expert has said.

COVID-19 impact on tourism could deal $4 trillion blow to global economy: UN report

30 Jun 2021

The impact of the COVID-19 pandemic on tourism could result in a more than $4 trillion loss to the global economy, UN trade and development body UNCTAD said on Wednesday in a report issued jointly with the UN World Tourism Organization (UNWTO).