Summary Box: Global trade expected to slow in 2012

AP News
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Posted: Apr 12, 2012 12:39 PM
Summary Box: Global trade expected to slow in 2012

WHAT'S SHAKING: Europe's sovereign debt crisis and the aftershocks of events such as the Japan earthquake and Arab Spring are expected to slow the growth in global exports to just 3.7 percent in 2012, the World Trade Organization said Thursday.

GROWTH LEADERS: Developing economies are expected to lead the growth in goods traded this year with a forecast 5.6 percent increase in exports, compared to 2 percent for industrialized nations.

FOGGY CRYSTAL BALL: The global forecasts remain uncertain due to potential volatility from such things as the eurozone crisis and continuing political unrest in the Middle East.