In 2023, a 5% reduction in global trade is expected compared to last year’s peak. This downturn results from rising loan costs, U.S.-China supply chain shifts, and growing trade barriers. The United Nations Conference on Trade and Development (UNCTAD) projects that trade in goods and services will amount to $30.7 trillion, down from $32.2 trillion […]
Related Posts
Trial of Bolivia’s Ex-Interim President Moves Ahead
Four years after Bolivia’s President Evo Morales was ousted, Jeanine Áñez, the former interim president, is on trial with 17 others. They’re accused of incidents termed as genocide from November 2019 in areas near Bolivia’s capital, La Paz. After Morales left, protests broke out. The military and police forcefully countered these protests, causing numerous casualties. […]
How cyberscams are draining Americans wallets by the billions
Cyberscams have reached alarming levels in the U.S., with nearly 30% of Americans falling victim to fraudulent schemes in the past year alone. The financial toll is staggering — scams cost Americans over $159 billion annually, with average individual losses now exceeding $3,500 per victim. This epidemic is not just a financial crisis but also […]