It is the common view that the global economy is going through an enormous and unparalleled crisis, evidenced by forecasted figures.
For 2020, the WTO expects foreign trade to fall between 12% and 32%. A decline is likely also for the following years, with experts debating whether the shortcoming will amount to only 10% or reach a staggering 17%. Managing Director, Uwe Glaser describes the effects on his company in this guest contribution.

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