World trade suffers 65-year record drop

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25 February 2010

World trade has experienced the largest single drop since the Second World War, according to the World Trade Organisation.

World trade has contracted by 12% over 2009, the largest single drop since the Second World War, according to the World Trade Organisation (WTO).

The new WTO figures are a steep downwards revision from the WTO's most recent estimate...

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Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%

33%

50% to 75%

30%

25% to 50%

25% or less

10%

I don’t use private credit insurers

18%