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The global fashion business journal

17 Sep 201906:15

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.

16 Aug 2019 — 16:15
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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.

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