Japan’s GDP contraction
Nov 12, 2012
WTO slashes trade forecasts
The WTO has been forced to lower revision on trade volumes for this 2012 and 2013. The European debt crisis, China's slowdown and an "increasingly interdependent world" has been blamed for the changes.
The World Trade Organisation has hurriedly reduced trade volume forecasts for the year and 2013, citing sneeze and cold economics as a key contributing factor.
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