According to an analysis by Bitunix, the World Trade Organization (WTO) has issued a stark warning regarding a potential 72% decline in global trade growth. This significant downturn highlights the challenges currently facing international commerce. Amid these grim projections, artificial intelligence (AI) emerges as a notable exception, shining as the sole bright spot in the landscape of economic uncertainty. The potential for innovation and advancement in AI could provide some relief or opportunities in these troubling times. Furthermore, the analysis points to a resurgence of risks associated with liquidity in the context of a global recession, raising concerns about financial stability. These factors together paint a concerning picture for the world economy as it grapples with various pressures.
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