Searched Tag: global trade![In a speech at the Stanford Institute for Economic Policy Research, Gita Gopinath, the First Deputy Managing Director at the International Monetary Fund (IMF), highlighted significant shifts in global economic ties. In a speech at the Stanford Institute for Economic Policy Research, Gita Gopinath, the First Deputy Managing Director at the International Monetary Fund (IMF), highlighted significant shifts in global economic ties.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fggopinathjpeg_1715240343459.jpeg&w=3840&q=8)
![The World Trade Organization (WTO) has forecasted a rebound in global trade for the year 2024, with an anticipated growth rate of 2.6% The World Trade Organization (WTO) has forecasted a rebound in global trade for the year 2024, with an anticipated growth rate of 2.6%](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Foip-51jpeg_1712851744079.jpeg&w=3840&q=8)
![In a speech at the Stanford Institute for Economic Policy Research, Gita Gopinath, the First Deputy Managing Director at the International Monetary Fund (IMF), highlighted significant shifts in global economic ties. In a speech at the Stanford Institute for Economic Policy Research, Gita Gopinath, the First Deputy Managing Director at the International Monetary Fund (IMF), highlighted significant shifts in global economic ties.](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Fggopinathjpeg_1715240343459.jpeg&w=3840&q=8)
May 9, 2024, 01:09 PM - 2 min read
"The COVID-19 pandemic, coupled with Russia's invasion of Ukraine, has prompted nations to reassess their trading partners with a focus on both economic and national security considerations. This reevaluation has led to a redirection of foreign direct investment flows along geopolitical lines" , Gita said.
Read more![The World Trade Organization (WTO) has forecasted a rebound in global trade for the year 2024, with an anticipated growth rate of 2.6% The World Trade Organization (WTO) has forecasted a rebound in global trade for the year 2024, with an anticipated growth rate of 2.6%](/_next/image?url=https%3A%2F%2Fapi.newsarenaindia.com%2F%2Fuploads%2Foip-51jpeg_1712851744079.jpeg&w=3840&q=8)
April 11, 2024, 09:39 PM - 2 min read
The report highlights a recovery in demand for tradable goods, with indices of new export orders indicating improved trade conditions at the beginning of the year. Looking ahead to 2025, the WTO forecasts a growth rate of 3.3%, with Asia projected to play a significant role in driving trade volume growth in both 2024 and 2025.
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