We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Mar 1, 20244:50am

The WTO alerts a global slow down for the third quarter

Restrictions over exports is one of the main reasons of the impact in the global economy, according to the World Trade Organization.

Aug 16, 2019 — 4:15pm

The WTO alerts a global slow down for the third quarter



The World Trade Organization (WTO) turns back its alarms. The entity has published a report that states that economies al over the world will slow down during the third quarter of 2019.


According to the WTO, the slow down will be a consequence of the last exportation data, restrictions and other economic indicators. The Good Trade Barometer, elaborated by the entity, arrived at 95.7 points, its lowest level since March 2010.


In its last July report, the WTO stated that international trade flows were affected at historic levels, due to new restriction politics implemented lately.


Trade war between China and United States and the currency conflict between them will be other of the issues that will affect the slow down in the global economy, as well as more uncertainty in other regions.

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment