WTO: Global trade in goods rebounded strongly in the third quarter
The World Trade Organization issued a report on the 20th that driven by the rapid growth of export orders, global trade in goods rebounded strongly in the third quarter of this year, but there is still uncertainty about whether this growth trend will continue in the future. The latest issue of the “Barometer of Trade in Goods” report released by the World Trade Organization on the same day showed that the global trade in goods prosperity index reached 100.7, a significant increase from the 84.5 released in August.
G20 leaders call for the development of a circular carbon economy
On the 22nd, the leaders of the Group of Twenty emphasized that the development of a circular carbon economy is very important for achieving sustainable development in the future. The G20 encourages the adoption of a circular carbon economy approach to comprehensively and comprehensively manage emissions to reduce the impact of climate change. By adopting a coordinated position on environmental issues, the G20 is committed to building a more inclusive, sustainable, and resilient future.
G20 leaders call on the international community to continue to cooperate in response to the epidemic
The 15th G20 Leaders Summit kicked off on the 21st in video format. The leaders of the G20 stressed that the international community must continue to strengthen coordination and cooperation to deal with the new crown epidemic. The summit was hosted by Saudi Arabia, the rotating presidency.
IMF president calls for strong policy actions to deal with uncertainty
International Monetary Fund (IMF) President Georgieva said on the 19th that the uncertainty of global economic growth is still high, and the international community needs to act simultaneously and strengthen cooperation in many aspects. Countries should take strong policy actions to cope with the continuing problems. Certainty.
The number of first-time jobless claims in the United States rose for the first time in five weeks
According to data released by the US Department of Labor on the 19th, in the week ending November 14, the number of first-time jobless claims in the United States increased by 31,000 to 742,000 from the previous month, higher than market expectations and rising for the first time in five weeks.
The United States officially withdraws from the Open Skies Treaty
According to the US State Department, on November 22 local time, the United States formally withdrew from the “Open Sky Treaty” signed with Russia and most NATO countries. The “Open Skies Treaty” was signed in 1992 and entered into force in 2002. Participating countries can conduct unarmed aerial reconnaissance on each other’s territories as required. The treaty is an important confidence-building measure after the end of the Cold War, helping to increase transparency and reduce the risk of conflict.
UK and Canada reach a continuation trade agreement
The British government announced on the 21st that Britain has reached a continuation trade agreement with Canada, and the two countries also agreed to start negotiations on a new trade agreement starting next year. The Department of International Trade of the United Kingdom stated that the continuation of the existing trade relationship means “providing certainty” for trade in goods and services worth 20 billion pounds between Britain and Canada, and will enable the United Kingdom to take a step towards joining the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) .
UK will set up infrastructure bank to boost investment
The British government announced on the 20th that it will establish a National Infrastructure Bank to stimulate investment in the infrastructure sector. According to a statement issued by the Ministry of Finance, by co-investing with the private sector in key areas such as transportation, renewable energy, and digital network connectivity, the bank will achieve its “net zero emission” commitment in the UK and address the imbalance of regional development in the UK Play an important role.
European banking industry pays attention to the challenge of climate issues to the financial industry in the post-epidemic era
The 30th Frankfurt European Banking Conference was held online on the 20th. Participants discussed the sustainable growth model in the post-epidemic era. Meanwhile, the challenges brought by climate issues to the financial industry became the focus of attention. In his keynote speech, European Central Bank President Lagarde pointed out that the new crown epidemic has accelerated the digital development of Europe, which may reduce the volume of resource-intensive economies, thereby decoupling carbon emissions from economic growth faster.
Japan’s core CPI fell year-on-year for 3 consecutive months
According to data released by the Ministry of Internal Affairs and Communications on the 20th, Japan’s core consumer price index (CPI), excluding fresh food, was 101.3 in October, a seasonally adjusted decrease of 0.7% year-on-year, and a year-on-year decline for three consecutive months, for more than 9 years. The biggest drop.
Reprint indicated source：Spark Global Limited information