Oil Prices Surge 13% After US–Israeli Strikes on Iran

Twenty years in the making, India and the EU signed a landmark free trade agreement in January 2026 creating a zone covering 2 billion people and nearly 25% of global GDP. The deal stands as a major milestone amid escalating global fragmentation and rising US protectionism. World Economic Forum · March 2026 Post Views: 4

Trade between developing economies has surged from $500 billion in 1995 to $6.8 trillion in 2025, now representing over a quarter of global commerce. Germany–China bilateral trade reached $296 billion making China Germany’s largest trading partner. Meanwhile, the UK’s goods trade deficit hit a record $338 billion in 2025, offset only partially by a record […]

The WTO’s 14th Ministerial Conference in Yaounde, Cameroon became the most fractious in the body’s history. DG Ngozi Okonjo-Iweala warned of the “worst trade disruptions in 80 years.” The US declared the current system “economically unworkable,” China defended most-favoured-nation principles as the “bedrock” of global trade, and the UK cautioned that failure risks a disorderly […]