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WTO Cuts Trade Outlook, Says Russia War Risks Broader Decoupling

  • Global trade flows could grow by 3% in 2022, WTO says
  • War, sanctions, inflation set to disrupt cross-border commerce
Port Of New Orleans Touts 2021 Business Milestones
Photographer: Luke Sharrett/Bloomberg

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Russia’s war with Ukraine will slow the world economy’s nascent rebound from the pandemic, reduce goods trade and potentially lead to a broader splintering of global commerce, the World Trade Organization said.