Global trade will lose momentum next year amid rising interest rates, a shrinking energy supply and high prices, according to the World Trade Organization (WTO). The WTO estimates that global merchandise trade will grow by 1 percent next year, down sharply from its 3.4 percent forecast this spring. The organization said that trade will increase by 3.5 percent this year, up slightly from its previous 3 percent estimate, but noted that the change was mostly explained by statistical revisions. The forecast is another indicator that the global economy is slowing down. The U.N. warned this week that tightening U.S. monetary policy poses a threat to poorer nations and could drive the wo
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