World trade decelerates almost to standstill

By Alan Beattien
Financial Times

Wednesday Mar 19 2008 17:55
Global trade slowed almost to a standstill over the new year, threatening to shrink for the first time since the US economy went into recession in 2001.
An indicator produced by the Bureau for Economic Policy Analysis, a Dutch research institute, showed that in the three months to January world trade in goods rose at annualised rate of 0.2 per cent over the previous three months.
The equivalent growth rate in the three months to October was 6.9 per cent .... Read the Entire Article