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WTO: Russia-Ukraine Conflict Puts Fragile Global Recovery at Risk

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Prospects for the global economy have darkened since the outbreak of war in Ukraine on Feb. 24, prompting World Trade Organization (WTO) economists to reassess their projections for world trade over the next two years. The WTO now expects merchandise trade volume growth of 3 percent in 2022, down from its previous forecast of 4.7…

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