The World Bank on June 10 cut its forecast for global growth this year and warned that the 2020s are on track for the weakest performance for any decade since the first Apollo moon landing.
June 10, 2025Government, Business
World Bank Warns 2020s Face Weakest Global Growth Since ’60s
Government, Business
WTO Slashes Global Trade Outlook on Trump Tariff Disruptions
The World Trade Organization slashed its forecast for merchandise trade this year as soaring U.S. tariffs and broader uncertainty hammer international commerce.
April 16, 2025Government, Business, Technology, Equipment, Fuel, Logistics
Manufacturers Scramble Under Trump’s Looming Tariffs
Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.
February 5, 2025Government, Business, Technology, Logistics
Economists Race to Assess Trump’s Tariff Plans
The potential fallout depends on the specifics of what President Donald Trump announces. It also depends on how Canada and Mexico respond.
January 31, 2025Government, Business, Logistics
A $1.7 Trillion Financing Gap Is Making Supply Shortages Worse
The global trade finance gap rose 15% to $1.7 trillion in 2020 as COVID-19 sent shock waves through trade and supply chains, according to a survey conducted by the Asian Development Bank.
October 12, 2021Business, Logistics
Urgent Demand for Medical Equipment Is Making Air Cargo Fees ‘Absolutely Crazy’
Urgent demand for medical equipment to fight the coronavirus has sent the cost of chartering aircraft skyrocketing and turned a typically humdrum process into an ultra-competitive auction.
March 30, 2020Government, Business
Global Trade Rebounds Despite Trump’s Protectionist Threats
Donald Trump’s election as U.S. president sparked warnings of damaging trade wars and an end to globalization as we know it. So far, those predictions haven’t played out.
July 6, 2017