Tag: world-trade
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WTO cuts 2016 world trade growth forecast to 1.7 percent, cites wake-up call
The World Trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States. The new figure of 1.7 percent, down from the WTO's previous estimate of 2.8 percent in April, marked the first time…
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WTO talks stuck again as ministers prepare to meet, Azevedo says
By Tom Miles GENEVA (Reuters) – World trade talks are deadlocked and ministers are unlikely to find a way out of the impasse when they meet in Nairobi next month, World Trade Organization Director-General Roberto Azevedo said on Thursday. “We clearly are stuck in the negotiations at this point in time,” Azevedo told a news…