News Snapshot:
22 December 2020 Economic Development Despite a sharp fall in global trade in 2020 due to the coronavirus pandemic and lingering trade tensions, Asia and the Pacific is expected to perform relatively less badly than the rest of the world, the United Nations development arm in the region said on Tuesday. Worldwide trade is expected to fall by 14.5 per cent in 2020 and following that trend, trade in the region could contract by around 1.9 per cent, estimates from the UN Economic and Social Commission for Asia and the Pacific ( ESCAP ) suggest . JUST OUT - Despite...
