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Trump threatens additional 50% tariffs on China over retaliatory levies
Meta faces £1.8bn lawsuit over claims it inflamed violence in Ethiopia
Australian house prices hit new peak as rate cut drives buyer demand
‘Fruit of the devil’: Hainan’s betel nut sellers suffer from stuttering economy
As a geneticist, I will not mourn 23andMe and its jumble of useless health information | Adam Rutherford
Persistently high interest rates have had chilling effect on consumer spending, says trade body
The World Trade Organization has halved its forecast for global trade growth this year in response to rising interest rates that have dented consumer spending power in the US, Europe and Asia.
The 164-member trade body slashed its estimate from April that predicted the global trade in goods would grow by 1.7% in 2023, saying it needed to be scaled back to 0.8%.
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