Still five big risks ahead


Leadership change: A logo is pictured on the headquarters of the World Trade Organization in Geneva. Its members will select a new leader to help revive the referee for international commerce. — Reuters

GENEVA: This year could end today and it would still rival the most challenging periods for the international trading system. But the next 3½ months may bring even more potential disruptions that could secure 2020’s spot as the most turbulent in modern history.

Several key events will occur that have potential to turbo-charge the global trade regime’s trajectory toward dysfunction and chaos. On the flip side, it’s possible the outcomes could help cushion the worst global recession since the financial crisis and set the world on a path to recovery.

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Global trade , WTO , US elections , Brexit , economy ,

   

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