DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Ralph Ossa - 4 Ossa - 2 CNBC's Silvia Amaro - 1 Russia's - 1 — - 1 haven't - 1 Joe Biden - 1
Top related locs:
Europe Africa India Pakistan Southeast Asia Qianwan Qingdao Port Qingdao
Top related orgs:
World Trade Organization - 2 WTO - 2 International - 1 World Trade Organisation - 1 Trade Outlook - 1 Service - 1 Trade Organization - 1 Business - 1

Search resuls for: "Ralph Ossa"


5 mentions found


☆ International trade should be the solution to many global challenges, WTO's chief economist says
  + stars: | 2024-04-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInternational trade should be the solution to many global challenges, WTO's chief economist saysRalph Ossa, chief economist of the World Trade Organisation, discusses international trade and geopolitical tensions.
Persons: Ralph Ossa Organizations: International, World Trade Organisation
☆ WTO forecasts rebound in global trade but keeps geopolitical risks in focus
  + stars: | 2024-04-10 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: +1 min
The World Trade Organization on Wednesday said that it expects global trade to rebound gradually this year, before rising further in 2025, as the impacts of higher inflation fall into the rearview mirror. In its latest "Global Trade Outlook and Statistics" report, the WTO forecast that total global trade volumes will increase by 2.6% in 2024, and by a further 3.3% in 2025. It follows a larger-than-expected 1.2% decline in 2023, as inflationary pressures and higher interest rates weighed on international trade. The trade rebound is expected to be "broad-based," including across Europe, which experienced some of the deepest falls in trade volumes last year as a result of geopolitical tensions and the energy crisis caused by Russia's full-scale invasion of Ukraine. "Europe was really weighing on international trade in 2023, and we don't see that being the case anymore," Ossa said.
Persons: Ralph Ossa, CNBC's Silvia Amaro, Russia's, Ossa Organizations: World Trade Organization, Trade Outlook, WTO Locations: Europe, Africa, India, Pakistan, Southeast Asia, Qianwan, Qingdao Port, Qingdao, China, Ukraine
☆ Global trade will fall this year amid slower growth and Red Sea turmoil, WTO official says
  + stars: | 2024-01-29 | by ( Yuheng Zhan | ) www.businessinsider.com   time to read: +2 min
Read previewThe World Trade Organization is likely to slash 2023 and 2024 trade projections due amid weaker-than-expected global economic activity and disruptive attacks by Houthi militants in the Red Sea. The WTO previously projected a rise of 0.8% in merchandise trade volumes for 2023 and a 3.3% increase for 2024. Ossa said the WTO would publish updated forecasts in the coming months, and various global organizations have trimmed their GDP growth forecasts this year, impacting the WTO's trade predictions. He also emphasized a growing uptick in consumer prices due to surging shipping costs since the Houthi attacks began. The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023.
Persons: —, Ralph Ossa, Ossa, haven't, Joe Biden Organizations: Service, Trade Organization, Business, WTO, Reuters, Galaxy Leader, Houthi Military Locations: Red, Iran, Suez, Europe
☆ Talk of deglobalization is exaggerated, says WTO's chief economist
  + stars: | 2023-09-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTalk of deglobalization is exaggerated, says WTO's chief economistRalph Ossa, chief economist of the World Trade Organization, discusses rising trade tensions between major economies.
Persons: Ralph Ossa Organizations: World Trade Organization
☆ Ukraine war's impact on trade not as bad as expected: WTO
  + stars: | 2023-02-23 | by ( Emma Farge | ) www.reuters.com   time to read: +2 min
The global trade watchdog had forecast just 3% growth for 2022 as the conflict caused major disruptions to exports including wheat and fuels. However, WTO Chief Economist Ralph Ossa, presenting its latest analysis of the war's impact on trade, said global trade had "held up well". Ossa added that global trade was resilient because WTO members showed restraint in their use of export restrictions. Some countries previously reliant on imports from Ukraine swapped one food product for another, the WTO report said, switching for example from wheat to rice. During the same period, Russia's exports increased by 15.6% due to higher prices for fuels, fertilisers and cereals, the WTO said.
0 next >>
Total: 5