April 22, 2024
World Economy

World economy weighed down by war, uncertainty

ABU DHABI: The head of the World Trade Organization (WTO) warned on Monday that war, uncertainty and instability were weighing down the global economy and urged the bloc to embrace reform as elections across nearly half the world’s population could bring new challenges.

WTO Director-General Ngozi Okonjo-Iweala sought to offer some praise for her organization as it held its biennial meeting in the United Arab Emirates, even as it faced pressure from the United States and other nations.

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