US east coast throughput rises on improved global trade
International Monetary Fund improves its forecast for global trade volumes of goods and services for this year to only a 10.4% contraction — a 1.5 percentage point improvement from its June forecast
Yi Xiaozhun, deputy director of the World Trade Organization, warns that ‘a descent into protectionism’ in the aftermath of the pandemic would be among ‘the greatest risks for the global economy’
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