Global trade cooled in the second quarter, with growth in both exports and imports slowing in most Group of Seven countries and major emerging markets, the Organization for Economic Cooperation and Development said.
Goods export growth among the G-7 and the BRICS nations of Brazil, Russia, India, China and South Africa slowed to 1.9 percent from 7.7 percent in the previous three months, the Paris-based institution said in an e-mailed statement today. Imports rose 1.1 percent, down from 10 percent. Read more here.
