VOT Research Desk
The uncertainty surrounding the Ukraine conflict, rising food and energy prices, and inflation, according to World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala, pose downside risks to the global trade estimate for 2023.
Recession is a definite possibility in certain major economies, with serious ramifications for developing and underdeveloped nations.
The two biggest economies in the world communicating with one another is always a good thing. – alluding to the meeting between Biden and Xi.
With the hope of making progress next year, the US is informally discussing dispute settlement system reform with WTO members.
