The UN has estimated the scale of the decline in world trade in 2020

News

The UN has estimated the scale of the decline in world trade in 2020

23.10.2020 News

Global trade turnover in 2020 will decrease by 7-9%. This was announced on Wednesday, October 21, by the RBC-Ukraine news agency with reference to the report of the UN Conference on Trade and Development UNCTAD.

The decline in trade has occurred in all regions of the world due to quarantine restrictions, the report said. They recall that for this reason, in the second quarter of 2020, world trade lost 19% year on year.

After that, it recovered somewhat in the third quarter, when the decline compared to the same period in 2019 was 4.5%.

“Trade in home office equipment and medical supplies increased in the third quarter. Growth in the textile sector has also been strong. At the same time, it has weakened even more in the automotive and energy sectors, “the UNCTAD report said.

Other articles

  • The tourism industry will lose 120 million jobs
    News

    The tourism industry will lose 120 million jobs

    The global tourism industry could lose 120 million jobs due to the COVID-19 coronavirus pandemic. This was stated in a video message by UN General Secretary Antonio Guterres. According to him, tourism has become one of the sectors most affected by the pandemic, and no country has been unaffected by the sharp decline in international […]

Read also

The UN has estimated the scale of the decline in world trade in 2020
News

Ukraine is expected to install 3 GW of solar power facilities by 2020

The capacity of installed solar energy facilities in Ukraine will increase up to 3 GW by 2020. Vitaliy Daviy, CEO of IB Center Europe, made such forecast for the development of the industry at CISOLAR 2019 the 8th Solar Energy Conference in Kiev. As of April 1, 2019, more than 2.2 GW of solar energy […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Things to Consider Before Partnering Up

Savvy entrepreneurs use these strategies to ensure every business partnership is a match made in heaven. Great businesses are founded on great partnerships. But great businesses can also be destroyed by bad partnerships. These entrepreneurs—and members of The Oracles—share their hard-won wisdom about what to watch out for before joining forces with a business partner. […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Musk called the new date of flight Starship spacecraft into orbit

The American company SpaceX will launch the first Starship spacecraft into Earth orbit, most likely in 2021. It said its founder Elon Musk, speaking at a video conference on the problem of human flight to Mars, according to TASS on Tuesday, September 1. Mask was asked when the first test flight of Starship into orbit […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

“Epicenter” is accused of unfair competition and pressure on suppliers

The owner of the largest online store Rozetka.ua,  Vladislav Chechetkin accused the retailer “Epicenter” which is developing a network of building supermarkets, in the non-competitive behavior and pressure on suppliers. “Epicenter” for a long time, probably two years, requires the suppliers not to sell the goods in Rozetka.ua. This solicitation sounds like: if your product […]

Next
The UN has estimated the scale of the decline in world trade in 2020
Analytics

Land: too Long Real Estate

In Ukraine, land belongs to citizens only within the limits allowed not by the law but the authorities, and the problem of ownership is inherited from the totalitarian times. By the way, the moratorium on selling land operates in Venezuela, Congo, Tajikistan, North Korea, and Cuba, in addition to our country… Law and Practice Neither the Verkhovna Rada nor the Constitutional […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

“Kernel” will pay $ 2.4 million penalty charge for contaminated sunflower oil

One of the largest Ukrainian agricultural groups “Kernel”, will pay $ 2.4 million, according to the results of court proceedings, in which it was involved in the case of contamination of the Ukrainian sunflower oil delivered in the EU in April 2008. According to the company report, disclosed on its website on Friday, the court’s […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Pfizer has merged with Allergan to avoid the “non-competitive tax rates.”

A few days ago between two companies was signed an agreement for $ 150 billion. It was the merger of two large companies – manufacturer of drugs and vaccines Pfizer and Allergan, which producing cosmetics and botox. The deal was struck not only to consolidate or improve its production system. The main reason for the […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Toshiba’s net profit for April-September was $ 33 million

The Japanese electronics giant Toshiba Corporation in the first half of the 2020-2021 fiscal year (ended September 30) earned a net profit of 3.493 billion yen ($ 32.95 million) against a loss of 145.146 billion yen ($ 1.3 billion) a year earlier. it is said in the company’s reporting. The company’s operating profit was 3.114 […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Starbucks demonstrates rapid sales recovery

Shares of Starbucks recovered from losses of February and March due to the pandemic and rose by 19.7% over the past 6 months. But shares fell again after the publication of the quarterly report, which ended September 30. Starbucks revenue and profit for the 4th quarter of fiscal 2020 showed a strong jump in growth […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Tokyo Stock Exchange interrupted work due to the technical problems

Technical failure occurred on the Tokyo Stock Exchange, due to which the trading was suspended. This is stated in the statement by Japan Exchange Group, which owns the exchange. “Trading of all shares on the Tokyo Stock Exchange has been suspended due to the failures related to the delivery of the market information, ” – […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Lactalis representatives were included in the Parmalat shareholders

Lactalis dairy products manufacturer has signed an agreement with the Italian company Parmalat – one of the main competitors of the French group in Europe. According to official information, it is about the acquisition of more than 12.2% of the shares of Parmalat: the value of one security is 2.8 dollars per piece. It should […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

The court restrainted Billa to open a supermarket on a parking area

The “Billa-Ukraine” Company was restrainted the exploitation of the ground floor of an apartment house №27 on the Chornovil street in Kyiv, where on April 27, 2016 the opening of the supermarket was planned. This decision was concluded by the  Shevchenko district court on April 21. As reported the initiative group of the residents, the […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Shares Virgin Galactic of Richard Branson dropped by 13% through an additional emission

Shares of aerospace company Virgin Galactic fell by 13.78% to $ 20.71, according to trading data on the New York Stock Exchange. Securities of Richard Branson’s company are getting cheaper due to the background of the announcement of an additional issue emission. Virgin Galactic announced its intention to issue approximately 20.5 million new shares to […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Moody’s improves Outlook for the banking system of Ukraine

Moody’s improved the forecast for Ukraine’s banking system to stable from negative, according to the website of the credit Agency. Today, analysts’ opinions have changed. Experts believe that the work of Ukraine’s recovery after a deep recession in recent times has yielded results and stabilized the situation in the country. This conclusion is made in […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Nvidia is creating a supercomputer in the UK in order to help find COVID-19 treatment

Nvidia company as a part of its online conference on the graphics processor technology announced its plans to create the fastest supercomputer in the UK, called “Cambridge-1″. Shares of Nvidia rose to 4.44% until the closing of the trading on Monday. Such organizations as: the biggest medical company in the UK GlaxoSmithKline, the British-Swedish pharmaceutical […]

Next
The UN has estimated the scale of the decline in world trade in 2020
News

Ericsson and Apple decided a patent dispute out of court

Last winter two well-known manufacturers of technique went to court with counter-accusations of patent infringement. Apple representatives accused their Swedish competitors in the application of technologies in the transmission network, the Swedes responded by suing a counter statement in which it accused Apple of using of their cellular technologies in the production of its equipment. […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com