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Section: General News - The World Trade Organisation warned Wednesday of rising protectionism amid the economic crisis as it sharply cut its forecast for trade volumes of developed and developing economies this year, the Bangkok Post reports.
A diplomat is seen at the World Trade Organization (WTO) headquarters in Geneva. The World Trade Organisation warned Wednesday of rising protectionism amid the economic crisis as it sharply cut its forecast for trade volumes of developed and developing economies this year.
Making its latest assessment of the global economic situation, the WTO also observed that the sharp contraction of the global economy registered in the first …