World Trade Organization slightly raises 2024 goods trade forecast but wary of potential setbacks
- The World Trade Organization slightly raised its global goods trade forecast for this year to 2.7%, warning of “substantial” risks due to geopolitical tensions and economic policy uncertainty.
- The WTO projected a 3% growth for next year, down from a previous estimate of 3.3%.
- WTO Director-General Ngozi Okonjo-Iweala noted a need for vigilance regarding potential setbacks, especially related to conflicts in the Middle East.
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Coverage Details
Total News Sources0
Leaning Left6Leaning Right1Center4Last UpdatedBias Distribution55% Left
Bias Distribution
- 55% of the sources lean Left
L 55%
C 36%
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