Ukraine conflict putting global trade recovery at risk: WTO

The war in Ukraine has created immense human suffering but it is also putting the fragile recovery of global trade at risk, and the impact will be felt across the planet, the World Trade Organization (WTO) said on Tuesday.  https://news.un.org/feed/view/en/story/2022/04/1116052
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WTO anticipates sharp slowdown in world trade growth in 2023

06 Oct 2022

Trade growth is expected to lose momentum in the second half of this year and remain subdued in 2023, as the global economy sustains multiple shocks, such as ripple effects from the war in Ukraine, the latest forecast from the World Trade Organization (WTO) has revealed. 

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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. 

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Ukraine: ‘Perfect storm’ threatens economic devastation in developing world

01 Jun 2022

Russia’s continued invasion of Ukraine is causing immense suffering and devastation there, but also creating a “perfect storm” which could devastate the economies of “many developing countries”, the UN chief warned on Wednesday.