Global trade uncertainties up 10 times than previous peak levels: IMF

Concerns about global trade have reached nearly 10 times the peaks seen in the previous two decades, the International Monetary Fund (IMF) has said.”Globally, the trade policy uncertainty index is rising sharply, having been stable at low levels for about…

First global warming, now global recession: Are we going down?

The world’s GDP has grown steadily. It went up by a total of 6.9% in 2018 – from $80.2 trillion in 2017 to $85.8 trillion in 2018…

Global air freight industry hit by trade tensions

Weakness in global air freight demand continues: IATA The demand for air cargo globally continues to face headwinds due to weakening businesses and growing trade tensions, the International Air Transport Association (IATA) has said. Global trade volumes have fallen by one per cent over the…