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      World Trade Organization Warns of Massive Economic Losses if Trade System Fragments

      PANews, September 15 — News: The World Trade Organization warned that fragmentation of the trade system would lead to massive economic losses. If the global system fragments into multiple free trade zones, global GDP could fall by 6.9%. If the global system splits into geopolitical blocs, global GDP is expected to decline by 5.1%. If the trade system is reformed and expanded, global GDP is expected to increase by 2.9%.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud