Trade is crucial to bridging economic gaps and boosting infrastructural development. Countries with strong international trade portfolios tend to grow faster, innovate more, and provide higher incomes and economic opportunities for their citizens. Beyond the integration into the global economy through trade and global value chains that help drive economic growth, open trade also benefits… Continue reading Boosting Global Trade Amidst Current Economic Slowdown
Tag: economic slowdown
Brent Trades Below $100 on Rising Economic Slowdown Fears
By Adedapo Adesanya Brent crude traded below $100 per barrel on Tuesday as it depreciated by $7.61 or 7.1 per cent to settle at $99.49 per barrel on the back of rising fears of a global economic slowdown. Also, the strengthening of the US Dollar and the COVID-19 curbs in China weakened the price of… Continue reading Brent Trades Below $100 on Rising Economic Slowdown Fears