WASHINGTON DC, October 5, 2023 – Based on notifications from developing members and least-developed country (LDC) members, five measures in the Trade Facilitation Agreement (TFA) have been identified where assistance has been most commonly requested for implementation for the next ...
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Global Economy on Precarious Footing Amid High Interest Rates
WASHINGTON DC, June 12, 2023 – Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates. Global growth is projected to decelerate from 3.1% in 2022 to 2.1% ...
Read More »World Economic Forum Report Highlights Retirement Trends as Life Expectancy Increases
NEW YORK, June 8, 2023 – Life expectancy increased from an average of 48 to 73 years between 1950 and 2019 and the United Nations forecasts further increases, estimating that global average life expectancy will reach about 81 years by ...
Read More »Thousands of IBM staff at risk from AI
WASHINGTON DC, May 3, 2023 – The rapid rise of “large language models” such as ChatGPT, developed by the San Francisco company OpenAI, has led to renewed fears of job losses. The bots are capable of summarising large quantities of ...
Read More »WTO, World Bank, WEF launch joint effort to provide tailored trade and climate analysis
WASHINGTON DC, April 20, 2023 – The World Trade Organization, the World Bank Group and the World Economic Forum on 20 April launched “Action on Climate and Trade” (ACT), a new initiative that aims to help participating developing economies, including ...
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