New study finds lack of trade integrity in Sudan’s Global Trade

Global Financial Integrity (GFI) has published a new study, “Sudan and Trade Integrity,” examining trade-related illicit financial flows in Sudan’s trade, crude oil and gold sectors. The analysis finds considerable gaps in trade integrity in all three areas of analysis and potential revenue losses of USD 5.7 billion in global trade, USD 279.4 million in … More New study finds lack of trade integrity in Sudan’s Global Trade

Spending Plunge will keep weighing on U.S. Growth

Even with spending in May and June likely to improve from April’s staggering decline, the second-quarter collapse will be massive. By guest author Justin Lahart from Wall Street Journal With more businesses starting to reopen, consumer spending looks as if it is starting to dig its way out of the hole caused by the coronavirus … More Spending Plunge will keep weighing on U.S. Growth

WTO members discuss Kazakhstan’s offer to host 12th Ministerial Conference in June 2021

At a virtual meeting of the General Council on May 29, WTO members discussed Kazakhstan’s offer to host the WTO’s 12th Ministerial Conference (MC12) in Nur-Sultan in June 2021. The General Council chair, Ambassador David Walker (New Zealand), said that all delegations he consulted with welcomed Kazakhstan’s proposal. At the same time, many delegations stressed … More WTO members discuss Kazakhstan’s offer to host 12th Ministerial Conference in June 2021