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
Building a new, sustainable global food network

Building a new, sustainable global food network

(VOVWORLD) - The Global Food Security Summit in London on Monday focused on international efforts to apply technology and connect innovative ideas on agriculture to build a new, more sustainable global...
Vietnam’s economy is recovering steadily

Vietnam’s economy is recovering steadily

(VOVWORLD) - Vietnam's economy in October and in the first 10 months of this year showed recovery on several fronts, but growth momentum was most clearly evident in investment, domestic consumption...
30 years after Maastricht, EU faces new challenge

30 years after Maastricht, EU faces new challenge

(VOVWORLD) - The Maastricht Treaty took effect on November 1, 1993, turning the European community into an economically powerful European Union with global political influence. 30 years later, the bloc is...