Outlook for world trade in 2026-2027

Source: World Trade Organization – WTO (video statements)

World trade is set to slow in 2026 following stronger than expected growth in 2025 on the back of surging trade in AI-enabling products. WTO economists warn that the ongoing conflict in the Middle East could further reduce trade growth if energy prices remain elevated, noting that it would also put pressure on food supplies and services trade due to travel and transport disruptions. Prospects could still improve if the conflict ends quickly and the boom in AI spending continues.

Download this video from the WTO website:
https://www.wto.org/english/res_e/webcas_e/webcas_e.htm

https://www.youtube.com/watch?v=awJm1GgkSRI

International Day of Nowruz 2026 – UN Chief Message | United Nations

Source: United Nations (video statements)

Video message by António Guterres, Secretary-General of the United Nations, on the International Day of Nowruz 2026 (21 March).

"Dear friends,
For more than 300 million people around the world, Nowruz represents renewal.
A new year.
A new spring.
A new chance to build bridges of understanding and mutual respect among all cultures and peoples.
In these difficult and divided times, the message of Nowruz is vital.
Its timeless values of diversity, dialogue, understanding and reconciliation represent a powerful path to achieving the peace, human rights and dignity that the United Nations works for each and every day.
The challenges faced by the human family are immense.
But Nowruz can be our guide.
Across all nations and cultures, let’s walk together as we build a more peaceful, sustainable and inclusive world for all people.
May this Nowruz bring joy, health, prosperity and peace".

More info: https://www.un.org/en/observances/international-nowruz-day

https://www.youtube.com/watch?v=GPLqjpadZ_Y

Focus Session on the digital euro pilot (II)

Source: European Central Bank (video statements)

The ECB is hosting an online focus session designed to support payment service providers (PSPs) in preparing for the call for expression of interest to participate in the digital euro pilot. This session offers PSPs a chance to engage directly with the Eurosystem, ask questions, and gain insights into the technical and operational aspects of the pilot. Further details about the session will be shared closer to the date.

https://www.youtube.com/watch?v=h9m4C1mx9ew

War in the Middle East, Energy Prices, and the Single Market: European Council Meeting

Source: European Commission (video statements)

On 20 March 2026, European Commission President Ursula von der Leyen participated in the joint press conference with President Costa following the meeting of the European Council of March 2026.

In her speech, President Ursula von der Leyen articulated several urgent topics, starting with the circumstances unfolding in the Middle East. She underscored the need for de-escalation, civilian protection, and regional support, including the European Union’s recent announcement of over EUR 450 million in humanitarian assistance.

Concerning energy, President von der Leyen detailed strategic approaches to manage price volatility and secure supply, including both immediate relief measures and necessary structural alterations.

Additionally, she elaborated on efforts to simplify EU governance and invigorate the Single Market, proposing initiatives to ease cross-border business operations and adapt competition policies amidst evolving global dynamics.

On Ukraine, President von der Leyen reaffirmed the EU’s unwavering support through a EUR 90 billion loan, despite political impediments that have blocked its disbursement. She assured that the EU is committed to exploring alternative avenues to deliver this critical financial assistance.

For the full transcript of the speech, see here:
https://ec.europa.eu/commission/presscorner/detail/en/statement_26_663

Watch on the Audiovisual Portal of the European Commission:
https://audiovisual.ec.europa.eu/en/media/video/I-286931

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https://www.youtube.com/watch?v=ZWd158Z5a8Q