Indonesia's president turned to blockbuster television show "Game of Thrones" to sound the alarm over global trade tensions at an economic conference, warning that "winter is coming."
GENEVA: The World Trade Organization said on Wednesday it expected global trade to rebound slightly in 2017 but warned that deep political and economic uncertainties risked hampering the recovery. The organisation forecast that global trade would expand by 2.4 percent in 2017, up from just 1.3 percent last year. But it warned that "the unpredictable direction of the global economy in the near term and the lack of clarity about government action on monetary, fiscal and trade policies raises the risk that trade activity…
BEIJING: Apple Chief Executive Tim Cook expressed support for globalization and said China should continue to open its economy to foreign firms, while speaking at a forum in Beijing on Saturday. "I think it's important that China continues to open itself and widens the door if you will," said Cook, speaking at the government-sponsored China Development Forum. Cook's comments come amid rising tensions between the U.S. and China, with protectionist rhetoric from U.S. President Donald Trump sparking concern of increased…
GENEVA: India has dealt a potentially fatal blow to the World Trade Organization's hopes of modernizing the rules of global commerce and remaining the central forum for multilateral trade deals.