Global trade grew in the first quarter of 2024, following the boost given by positive trade dynamics in the United States and developing countries. In the period, performance in the goods sector increased by around 1% quarter-on-quarter, while in services the increase was 1.5%, according to data from the United Nations, cited by the...
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IMF forecasts global growth of 3.1% in 2024
The IMF predicted global growth of 3.1% in 2024, two tenths of a percentage point higher than its October forecast, and said it expected unchanged growth of 3.2% in 2025. The historical average for the period 2000-2019 was 3.8%. Global trade was expected to expand by 3.3% in 2024 and 3.6% in 2025,...
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"China's 'new normal' for Taiwan raises fears for global trade
At a time when Chinese state media say that military exercises in the Taiwan Strait, a crucial sea route, will become a 'regular' event from now on, fears are growing over the new lasting risk to international trade, according to "Al Jazeera" quoted by the newspaper Económico. The disruptions in transport...