The Director-General’s annual overview of trade-related developments discussed on 12 December at a meeting of the Trade Policy Review Body shows that trade restrictions by WTO members continue at historically high levels. Between mid-October 2018 and mid-October 2019, the trade coverage of import-restrictive measures implemented by members was estimated at USD 747 billion. This is the highest trade coverage recorded since October 2012 and represents an increase of 27% compared to the figure recorded in the previous annual overview (USD 588 billion). The report notes that new trade restrictions and increasing trade tensions added to the uncertainty surrounding international trade and the world economy.
Roberto Azevedo, Director-General of WTO: “The report’s findings should be of serious concern for WTO members and the broader international community. Historically high levels of trade-restrictive measures are hurting growth, job creation and purchasing power around the world. Strong collective leadership from the membership would make an important contribution to increasing certainty, encouraging investment and bolstering trade and economic growth. Without such action, however, unfavourable trends could become worse.”
The report shows that 102 new trade-restrictive measures were put in place by members during the review period, including tariff increases, quantitative restrictions, stricter customs procedures, and imposition of import taxes and export duties. The main sectors targeted by the new import restrictions were mineral and fuel oils (17.7%), machinery and mechanical appliances (13%), electrical machinery and parts thereof (11.7%) and precious metals (6%).
Armand Mando Duplantis. Tonight he broke one of the unbreakable world records in track and field, when he jumped 6.17 in pole vault.
Duplantis is 19 years old, soon 20. He has now jumped higher than any other human being ever.
Duplantis is a Swedish supertalent and the new global superstar of athletics track and field .
Youwant to see what thw future looks like? This is what the future looks like.
Most people reading this blog knows that I am a great fan of dootball, Malmö FF and Zlatan Ibrahimovic.
There is always a debate on who the best football player ever, some say Pele, others Maradona, Cruyff, Zidane, Messi or Ronaldo.
But one thing can never be debated, namely who the coolest player is – on and off the field.
Andrea Pirlo was an amazing player with a fantastic career. One of the best midfielders ever.
Pirlo was blessed with a passing foot from heaven.
Pielo was the born playmaker and he is widely regarded as one of the greatest ever exponents of this position due to his vision, ball control, technique, creativity and passing ability, as well as for being a free-kick specialist
He played in Brechia, Reggiana, inter, AC Milan, Juventus and New York City.
He won two UEFA Champions Leagues, two UEFA Super Cups, six Serie A titles, a FIFA Club World Cup, three Supercoppa Italiana, and two Coppa Italia.
At international level, Pirlo is the fifth-most capped player in the history of the Italian national team with 116 caps between 2002 and 2015, winning the world cup in 2006.
He is also known as well dressed fasionista and a symbol for the Italian style.
In short, Mr. Cool.