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WTO cuts world trade forecast by over 50%

The World Trade organisation has halved its estimate for global exports growth this year - from 1.7% to just 0.8%. Ngozi Okonjo-Iweala, WTO director-general, said the projected slowdown was 鈥渃ause for concern, because of the adverse implications for the living standards of people around the world鈥�.

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