Trade in services fell by 30% in the second quarter as the COVID-19 pandemic severely affected international mobility
The volume of global trade in services decreased in the second quarter of 2020 by a record percentage of 30%, with the travel sector being particularly affected by COVID-19 and associated restrictions, according to an analysis by the World Trade Organization. Trade (WTO), published on October 23 this year, according to the analysis
Global trade reflects fragile recovery in third quarter, but outlook remains uncertain
Estimates from the UN Conference on Trade and Development (UNCTAD) show a 5% decrease in global trade in the third quarter of 2020 compared to 2019, reflecting an improvement over the second 19% decrease in the second quarter of 2020. quarter, but insufficient to take the trade out
The effect of COVID-19 on commodity markets is most felt in energy prices. Low demand for oil will most likely persist after 2021
While the metallurgical and agricultural commodities segment has recovered its losses from the COVID-19 pandemic and is expected to grow modestly in 2021, energy prices, despite a recovery, are expected to pick up. stabilize next year below the previous level
Eurobarometer (July-August): The economic situation is the main concern of EU citizens in the context of the COVID-19 pandemic
In a difficult time, marked by the coronavirus pandemic, citizens' confidence in the European Union and its ability to make the right decisions in response to the pandemic remains constant. In the new Eurobarometer survey, published on 23 October 2020, European citizens identify the economic situation, the public finances of the Member States and
