Pessimistic predictions for the world in 2024

Pessimistic predictions for the world in 2024

(VOVWORLD) - In the first days of 2024, the world received some negative forecasts for security, climate change, and economic growth. These predictions reflect the lingering impact of recent global disruptions
Argentina pulls out of plan to join BRICS

Argentina pulls out of plan to join BRICS

(VOVWORLD) -Argentina declined to join BRICS club of emerging economies, said the country’s new President Javier Milei in a letter on Friday to the leaders of Brazil, Russia, India,...
Top 10 world events in 2023 selected by VOV

Top 10 world events in 2023 selected by VOV

(VOVWORLD) - Conflicts in many parts of the world, a gloomy global economy, the improved role of developing countries, and AI’s gigantic development are among the top ten world events...
2023 sees global trade recession but hope is in sight

2023 sees global trade recession but hope is in sight

(VOVWORLD) - Persistentinflation and high interest rates, slow recovery of many major economies, geopolitical instability, and rising public debt in many countries have caused a global trade recession this year. Economists say...
Global trade to drop 5% this year

Global trade to drop 5% this year

(VOVWORLD) - Global trade is set to contract 5% in 2023, the UN Conference on Trade and Development (UNCTAD) said Monday, and its forecast for 2024 was pessimistic