GENEVA (Reuters) – The World Trade Group slashed its forecast for global alternate growth in 2013 to a few.3 % from four.5 percent on Wednesday and stated 2012 saw simplest a 2.0 p.c elevate, the smallest annual upward push for the reason that records commenced in 1981. WTO Director Basic Pascal Lamy warned that 2013 could turn out worse than expected, particularly on account of risks from the euro difficulty, and international locations might attempt to restrict exchange additional in a desperate attempt to shore up increase. …
WTO cuts 2013 trade forecast after record slow growth in 2012
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