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The World Trade Organization raised its outlook for global goods trade this year slightly, but cautioned Thursday that increasing geopolitical tensions and uncertainty over economy policy pose ...
The year 2024 was one for the history books, and 538's visual journalists and reporters were hard at work explaining the data behind the news with visualizations and interactives.
As of April 2024, the World Trade Organization (WTO) projects a rebound in global merchandise trade, forecasting a growth of 2.6% for the year, and an anticipated increase to 3.3% in 2025, following a 1.2% decline in 2023. During 2023, there was a significant reduction in merchandise exports, which fell by 5% to US$ 24.01 trillion, contrasting ...
In July, the rate hit its highest level of 2024 — 4.3% — and triggered a closely tracked recession indicator known as the Sahm Rule. Typically, the rule suggests the US economy has entered a ...
A prognostic chart is a map displaying the likely weather forecast for a future time. Such charts generated by atmospheric models as output from numerical weather prediction and contain a variety of information such as temperature , wind , precipitation and weather fronts .
The Copernicus Programme reported that 2024 continued 2023's series of record high global average sea surface temperatures. [6]2024 Southeast Asia heat wave. For the first time, in each month in a 12-month period (through June 2024), Earth’s average temperature exceeded 1.50 °C (2.70 °F) above the pre-industrial baseline.
In time series analysis, a fan chart is a chart that joins a simple line chart for observed past data, by showing ranges for possible values of future data together with a line showing a central estimate or most likely value for the future outcomes. As predictions become increasingly uncertain the further into the future one goes, these ...
In 2024, governments around the world will intensify their use of industrial policies and trade restrictions that disrupt the flow of the critical minerals. 8. No room for error