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BBCNEWS World Business Report July 7, 2024

we start with the soaring cost of living because there s a warning home energy bills here in the uk could rise even higher than previously feared this winter. wholesale gas prices have jumped back to near record highs after a further squeeze on europe s gas supplies by russia. our global trade correspondent dharshini david has the details. this is being claimed as the first truly global energy crisis, the result of moscow weaponising fossil fuels in europe has been the key target. this is the wholesale price paid for gas there. 4a8% higher than a year ago because traditionally it got to 40% of its gas from russia. that latest rise reflects a focus on this, this is nord stream one, the pipeline carrying bird of europe s russian gas supply all the way to germany, that flow has now dropped to just a fifth of normal levels, russia blames that on the impact of sanctions on vital equipment, opponents say it s an attempt to blackmail by turning down those taps. those concerns ....

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Paving the Way for Trade Success: African Countries Gear Up for Key Trade Talks at WTO MC13

Last week, trade officials from across Africa gathered for the Commonwealth African Regional Preparatory Workshop for the WTO’s 13th Ministerial Conference (MC13). The two-day workshop, held in Kigali, Rwanda, from 15-16 November 2023, addressed key trade challenges facing African countries, including agriculture, fisheries subsidies, WTO reform, and regional trade. ....

Brendan Vickers , World Trade Organization , Head Of International Trade , African Group , Negotiations Committee Division , International Institute For Sustainable Development , Commonwealth Secretariat , International Institute , Sustainable Development , Santiago Wills , General Council , Trade Negotiations Committee Division , Commonwealth Charter , International Trade Policy , Fisheries Subsidies Agreement , Examining Africa ,

AUDA-NEPAD's Policy Bridge Tank

AUDA-NEPAD's Policy Bridge Tank
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Blog: Beyond Trade and GDP - Exploring the Wealth of the Commonwealth

Together, the 56 Commonwealth countries possess approximately US$150 trillion of wealth. This is 10 times greater than the value of their combined GDP (US$14.5 trillion) and 30 times more significant than the value of their global exports of goods and services ($4.8 trillion). ....

Salamat Ali , Brendan Vickers , Rena Gashumba , World Bank Changing Wealth Of Nations , Communications Adviser , Communications Division , Head Of International Trade Policy Section , Economic Adviser , International Trade Policy Section , World Bank , Changing Wealth ,

Blog: Sustainable Production and Trade - Perspectives from the Commonwealth

International trade can be a driver of inclusive economic growth and a means to achieve the Sustainable Development Goals (SDGs). To promote sustainability across the economic, social and environmental dimensions, trade policies have been evolving at the domestic and international levels. ....

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