HomeNewsLatest News World Trade Decelerates Almost to Standstill, Study Says
World Trade Decelerates Almost to Standstill, Study Says
Posted by Truth About Trade & Technology
Monday, 24 March 2008
Financial Times
Global trade slowed almost to a standstill over the new year, threatening to shrink for the first time since the US economy went into recession in 2001.
An indicator produced by the Bureau for Economic Policy Analysis, a Dutch research institute, showed that in the three months to January world trade in goods rose at annualised rate of 0.2 per cent over the previous three months.