UK raises export support amid trade pressures
Britain announced on Sunday it will boost its export finance support by £20 billion ($26 billion) to help…
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Global Trade
EU freezes tariff countermeasures after Trump’s pause
European Commission President Ursula von der Leyen said on Thursday that the European Union will pause its planned…
Global tariff tensions could hit UK hard, BoE warns
The Bank of England (BoE) warned on Wednesday that risks to the global economy and financial markets have…
Global trade hits record $33t in ’24 – UNCTAD
Global trade reached a record $33 trillion in 2024, expanding 3.7 per cent ($1.2 trillion), driven by a 9 per cent…
IMF warns of trade risks for Central Europe, urges EU reforms
Central Europe's export-driven economies face risks from slowing global trade and potential US tariffs, the…
Aluminium falls as US tariff impact looms
Aluminium prices in London fell for a second day as investors assessed the impact of US President Donald Trump’s 25…
S. Korea’s exports surge in Dec. ’24
South Korea's exports grew faster than market expectations in December, capping off a record-breaking year,…
Cocoa, coffee to lead global commodity gains in 2024
Cocoa and coffee are poised to become the top-performing commodities for 2024, driven by global supply deficits,…
Global trade set to hit $33tn in ’24
Global trade is set to hit a record $33 trillion in 2024, marking a $1 trillion increase with 3.3 per cent annual…
OECD forecasts resilient global growth in ’25, ’26
The global economy is expected to grow at 3.3 per cent in 2025 and 2026, slightly up from 3.2 per cent in 2024,…
AfDB 2023