{
  "id": 9872565,
  "title": "Global trade disruptions",
  "url": "https://urgent.news/2026/09/26/global-trade-disruptions",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-26T00:19:56.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40441255/global-trade-disruptions"
  },
  "original_language": "en",
  "account": null,
  "summary": "The World Trade Organisation (WTO) has released a report highlighting the most serious and sustained disruptions in the global trading system since its creation 80 years ago. The report attributes these disruptions to three major factors: President Trump's violation of the rule-based economy, supply shortages in essential goods due to sanctions on Russian fuel exports, and the impact of the US/Israel attack on Iran, which led to a 20-25 percent reduction in global fuel supply. In addition to these geopolitical factors, the report also highlights more endemic issues that are a consequence of the WTO's own achievements, but insists that the system's future effectiveness will depend on its ability to adapt to the more integrated, multipolar, and diverse global economy. The WTO suggests repairing what is broken, updating what is outdated, preserving what works, and adapting cooperation to new policy spillovers. Failure to make these changes could result in a significant opportunity cost of 5-10 percent of global real GDP, with the potential for global GDP to increase by approximately 3 percent or USD 3 trillion by 2050 if the system is modernized.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}