Tag: global trade

COVID-19: World’s largest shipping firm expects 25% drop in container demand

Shipping giant A.P. Moller-Maersk on Wednesday warned of a sharp contraction in container demand over the coming months, citing the “profound impact” of the coronavirus pandemic on global trade.

Op-Ed: Where will Africa be post COVID-19?

“The COVID-19 pandemic, one of the world’s most significant events, has resulted in cessation of economic activities that will lead to a significant decline in GDP, an unprecedented social disruption, and the loss of millions of jobs,” writes Banji Oyelaran-Oyeyinka.

China-U.S trade relations set for a twisted turn: What are the implications thereof?

U.S President Donald Trump’s new 300 billion dollar tariff on Chinese goods is set to take effect from the first of September. To discuss the implications of this for global trade and review this week activities at Nigeria’s money markets, Ifueko Olotu, Team Lead of Treasury Coverage at Access Bank joins CNBC Africa for more.