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Submission: On December 18 via api from US — Scanned from FR
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Wednesday, December 18, 2024 English Edition * Home * News * Radio * Home * News * Radio Facebook Twitter Youtube Telegram Rss Search Search Close this search box. NEWS NEWS NEWS UNCTAD FORESEES GLOBAL TRADE COULD SOAR AMID CHALLENGES IN 2024 Geneva, Mar 23 (Prensa Latina) United Nations Conference on Trade and Development (UNCTAD) foresaw on Saturday that global trade could soar this year 2024 despite persistent geopolitical tensions and disruptions in supply chains and shipping routes. * March 23, 2024 * 10:27 UNCTAD’s latest analysis predicts consistent improvement in world trade on account of moderating global inflation, and enhanced economic growth forecasts. However, it warns of the potential for surged ocean shipping costs, longer travel times and disruptions to supply chains due to hindrances in shipping routes. The latter associated with security predicaments in the Red Sea and Suez Canal, and issues with adverse weather phenomena on water levels in the Panama Canal, the publication notes. Despite the outlook, UNCTAD considers that international trade will rebound in 2024 after declines for several quarters. The international organization explains that global trade contracted by 3% , trade in goods fell by USD$1.3 trillion compared to 2022. In contrast, the services sector ramped up its earnings by about USD$500 billion compared to the previous year, indicating resilience amid difficult conditions. ef/ omr/rgh/tdd * #Global #grow #TRADE #UNCTAD LATEST NEWS * 18:17 Cuba will maintain retirement age * 18:07 Colombian Solidarity Movement prepares humanitarian shipment for Cuba * 17:57 Former US officials urge Biden to change policy on Cuba * 17:40 Kirilov’s assassination results from approval of Kiev’s war crimes * 17:25 Venezuelan president congratulates Pope Francis on his birthday * 17:18 Electoral reform key to democracy in Dominica, says Prime Minister RELATED CUBA WILL MAINTAIN RETIREMENT AGE * December 17, 2024 * 6:17 pm COLOMBIAN SOLIDARITY MOVEMENT PREPARES HUMANITARIAN SHIPMENT FOR CUBA * December 17, 2024 * 6:07 pm FORMER US OFFICIALS URGE BIDEN TO CHANGE POLICY ON CUBA * December 17, 2024 * 5:57 pm KIRILOV’S ASSASSINATION RESULTS FROM APPROVAL OF KIEV’S WAR CRIMES * December 17, 2024 * 5:40 pm Facebook Twitter Youtube Telegram | Text SMS to 8100 with content PL Receive 4 mesages x 25 cup © 2016-2021 Prensa Latina Latin American News Agency Radio – Publications – Videos – News by the minute. All Rigts Reserved. St. E No 454 , Vedado, Habana, Cuba. Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499 Prensa Latina © 2021 . Web Site developed by IT Division Prensa Latina. CLOSE AD