financetom
Economy
financetom
/
Economy
/
WTO sees signs of trade tensions starting to affect global economy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
WTO sees signs of trade tensions starting to affect global economy
Jul 4, 2018 11:40 AM

Trade barriers being erected by major economies could jeopardise the global economic recovery and their effects are already starting to show, the World Trade Organization said on Wednesday in a report on trade restrictions among G20 nations.

Share Market Live

NSE

"This continued escalation poses a serious threat to growth and recovery in all countries, and we are beginning to see this reflected in some forward-looking indicators," WTO Director General Roberto Azevedo said in a statement.

First Published:Jul 4, 2018 8:40 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed minutes to show depth of debate over a July rate cut
Fed minutes to show depth of debate over a July rate cut
Aug 21, 2024
WASHINGTON (Reuters) - While the focus is now on September for the start of Federal Reserve interest rate cuts, at least some U.S. central bankers were keen to get the debate about it rolling at last month's policy meeting. Roughly how many were in that camp and how unified the remaining policymakers were in seeing the Fed's Sept. 17-18 meeting...
Weaker-Than-Expected Job Market 'Could Pave Way' For Fed Rate Cut of 0.5%: Economist
Weaker-Than-Expected Job Market 'Could Pave Way' For Fed Rate Cut of 0.5%: Economist
Aug 22, 2024
The Federal Reserve has every reason to cut interest rates at its next meeting in September since the U.S. revised its jobs report, according to economists. “A weaker-than-expected job market could pave the way for the Fed to cut by a half percentage point in September,” said Jeffrey Roach, chief economist for LPL Financial. The Fed can effectively temper wage...
US Economy Adds 818,000 Fewer Jobs Than Initially Reported: Urgency For Interest Rate Cuts Grows Further
US Economy Adds 818,000 Fewer Jobs Than Initially Reported: Urgency For Interest Rate Cuts Grows Further
Aug 22, 2024
The U.S. economy experienced a downward revision of 818,000 non-farm payrolls between April 2023 and March 2024, according to government data released Wednesday. This adjustment represents a 0.5% decrease in overall job gains for the year, a greater fall than major U.S. investment banks like Goldman Sachs and JPMorgan Chase were anticipating. Job figure revisions typically fall within a range...
Weaker-Than-Expected Job Market 'Could Pave Way' For Fed Rate Cut of 0.5%: Economist (CORRECTED)
Weaker-Than-Expected Job Market 'Could Pave Way' For Fed Rate Cut of 0.5%: Economist (CORRECTED)
Aug 22, 2024
Editor’s note: This story has been updated to correct a reference to January 2025 in comments from Comerica Bank’s chief economist. The Federal Reserve has every reason to cut interest rates at its next meeting in September since the U.S. revised its jobs report, according to economists. “A weaker-than-expected job market could pave the way for the Fed to cut...
Copyright 2023-2026 - www.financetom.com All Rights Reserved