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UNCTAD warns of cascading global economic crisis as Strait of Hormuz activity collapses by 95%

The United Nations Trade and Development (UNCTAD) issued its second rapid assessment, warning that the virtual closure of the Strait of Hormuz is sending...

Conflict in the Strait of Hormuz disrupts energy and fertilizer flows, raising global food security concerns

Escalating conflict in the Strait of Hormuz region is severely disrupting global energy and fertilizer flows, driving up costs and increasing risks to food...

UNCTAD and WTO release 2025 global trade statistics ahead of MC14 ministerial in Cameroon

Newly released trade statistics from UN Trade and Development (UNCTAD) and the World Trade Organization (WTO) reveal a global trade landscape marked by robust...

Global trade hits record $35 trillion, but 2026 forecast warns of slower growth and rising fragmentation

Global trade reached a historic milestone in 2025, exceeding $35 trillion for the first time following a 7% year-on-year increase. However, the first Global...

Philippines solidifies its global maritime dominance in the 2025 Seafarer Rankings

The 2025 Global Seafarer Rankings, utilizing the latest industry data from BIMCO (Baltic and International Maritime Council) and UNCTAD (United Nations Conference on Trade...

UNCTAD report: Global growth to slow to 2.6% in 2025 as financial volatility reshapes global economy

Global economic growth is forecast to slow to 2.6 per cent in 2025, down from 2.9 per cent in 2024, as financial volatility and...

Global trade set to surpass $35 trillion in 2025, driven by services and developing economies

Global trade in goods and services is on track to reach an all-time high, projected to exceed $35 trillion for the first time in...

UN Trade and Development report urges reform of the global financial system to strengthen trade and development

A new report from UN Trade and Development (UNCTAD) warns that the deep reliance of global trade on financial channels makes it highly vulnerable...

Global growth forecast slows to 2.6% in 2025 as financial volatility and geopolitical uncertainty reshape global economy

Global economic growth is set to decelerate to 2.6 per cent in 2025, down from 2.9 per cent in 2024, as global trade and...

Global foreign direct investment slumps 3% in first half of 2025 amid geopolitical and economic headwinds

Global Foreign Direct Investment (FDI) saw a 3% decline in the first half of 2025, extending a two-year slump, according to the latest Global...
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