The European Union officially approved the fourth package of sanctions against Russia, which includes economic and personal restrictive measures, the EU Council announced on Tuesday. In particular, the EU limited imports of steel and iron from Russia, investments in the country’s energy sector, exports of luxury goods to the country, ...
The World Trade Organization (WTO) has predicted that global trade growth would plummet by up to a third in 2020, leading to a massive recession worldwide following the coronavirus pandemic. The Geneva-based organization predicted Wednesday that even the most optimistic scenario for this year was that trade would slump by ...