Global economy weighed down by war, uncertainty and instability, says WTO chief

Global economy weighed down by war, uncertainty and instability, says WTO chief
Ngozi Okonjo-Iweala noted the ongoing disruption to shipping caused by Yemen’s Houthi rebels in the Red Sea (Jon Gambrell/AP)

The head of the World Trade Organisation (WTO) has warned that war, uncertainty and instability are weighing down the global economy and urged the bloc to embrace reform as elections across nearly half of the world’s population could bring new challenges.

WTO director-general Ngozi Okonjo-Iweala sought to offer some praise for her organisation as it held its biennial meeting in the United Arab Emirates, even as it faces pressure from the United States and other nations.

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