GENEVA — Heavily influenced by the slump in demand in the European Union, global trade volume is forecast to grow 3.3 percent this year, representing a marked cut from an earlier projection made in September of a 4.5 percent increase, the World Trade Organization said Wednesday.
Exports of industrialized countries are estimated to increase 1.4 percent, while those of developing countries are forecast to expand 5.3 percent. On the import side, the WTO projects 1.4 percent growth in the volume of shipments destined for rich nations and a 5.9 percent expansion for developing economies.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"