WTO lifts goods trade forecast on AI boom but cuts services outlook amid Iran war
4 Articles
4 Articles
The Globalization Index for Businesses and Investors demonstrates how the resilience of supply chains and investments in logistics hubs are maintaining the flow of goods amidst regional economic shifts. The post Globalization Index: International Trade Growth Hits Record Highs Driven by AI Sector appeared first on Saudi Shopper.
Trade growth will not be evenly distributed among the world's regions.
AI is carrying global trade even as war weakens the wider economy
The World Trade Organization’s stronger outlook points to a global economy sustained by an unusually powerful technology investment cycle, even as war raises costs and disrupts commerce elsewhere. Merchandise trade volumes are now expected to grow by 3.9% in 2026, more than double the 1.9% forecast issued in March, followed by 4.1% growth in 2027. That improvement shows that international supply chains have adapted more effectively than anticip…
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