United Nations report: Financial fluctuations may endanger global trade and put the global economy at the brink of crisis.
The "Trade and Development Report 2025," released by the United Nations Conference on Trade and Development on December 2, predicts that global economic growth will slow to 2.6% in 2025, below the 2.9% growth rate in 2024. The report focuses on the impact of finance on trade, pointing out that financial market volatility has a nearly equal impact on global trade as real economic activity, affecting global development prospects. UNCTAD Secretary-General Greenspan stated that the research results indicate that the financial environment is increasingly shaping the direction of global trade, as "trade is not just a supply chain, but also a link between credit limits, payment systems, currency markets, and capital flows."
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