Trade
UN Sees Friend-Shoring Risks in a Fragile Global Trading System
- Higher grain, shipping rates boosted food inflation by 1.2%
- Unctad Publishes its 2022 Review of Maritime Transport
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The UN said efforts to “friend-shore” manufacturing could weigh on a global trading system that a new report warns still faces transport headwinds and inflationary pressures tied to Russia’s war and the pandemic.