How will the Middle East conflict impact trade in 2026?

Source: World Trade Organization – WTO (video statements)

World trade is set to slow in 2026 following a 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 pressure 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=zIXDHOy70bk

Capital Adequacy Ratio

Source: International Monetary Fund – IMF (video statements)

How do we know whether banks are safe? In this episode of The Economy – How Do You Measure That?, Jim Tebrake and Mahmut Kutlukaya explain how the capital adequacy ratio (CAR) shows a bank’s ability to absorb losses—and why it matters for your deposits. Watch the video to see how trust in the banking system is measured behind the scenes.

https://www.youtube.com/watch?v=T5u9wNXcj20

#UN mourns top crisis diplomat Nicholas #Haysom

Source: United Nations (video statements)

The UN is mourning the loss of Nicholas Haysom, the Secretary-General’s Special Representative for South Sudan, who went from advising Nelson Mandela following the historic anti-apartheid struggle to becoming a ‘tireless’ champion of crisis diplomacy for the UN in Africa, Asia and the Middle East. Read more UN News: https://news.un.org/en/story/2026/03/1167160

https://www.youtube.com/shorts/yvAiUBRhnM4

Operation Winter SHIELD: FBI Philadelphia on Safeguarding the Communications Sector

Source: Federal Bureau of Investigation (FBI) (video statements)

As part of the FBI’s cyber resilience campaign, Operation Winter Shield, each week FBI Philadelphia is highlighting a different industry and practical steps organizations can take to strengthen cybersecurity and protect the systems our communities depend on. Our adversaries continue to look for ways to disrupt or exploit our critical infrastructure, including the systems that keep us all informed and connected. Protecting the communications sector is not just about cybersecurity priority – but a public safety imperative. 

More at: https://www.fbi.gov/investigate/cyber/wintershield
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https://www.youtube.com/watch?v=fZkXP4Pf-Jk

UK President Zelenskyy addresses parliamentarians

Source: United Kingdom UK Parliament (video statements)

We welcomed President Volodymyr Zelenskyy back to Parliament this week, where he updated the Speakers of both Houses on the situation in Ukraine.

The Commons Speaker warned the world to ‘not lose focus on what is happening in Ukraine. It must not be driven out of our minds by other wars, and Ukraine must continue to get the support it needs to defend itself.’

The Lord Speaker said that ‘courage is not just daring in battle. It is endurance, constancy, loyalty and hope under unbearable pressure. That is why Ukraine’s struggle speaks so powerfully to all of us. We stand by them and will never stop doing so.’

https://www.youtube.com/watch?v=VSGbk4lvtsE

President Lagarde presents the latest monetary policy decisions – 19 March 2026

Source: European Central Bank (video statements)

Today our Governing Council decided on monetary policy.

Listen to President Christine Lagarde present today’s decisions. The statement also covers:
• how the economy is performing
• how we expect prices to develop
• the risks to the economic outlook
• the dynamics behind financial and monetary conditions

Published and recorded during our press conference on 19 March 2026.

Our monetary policy statement at a glance, 19 March 2026 https://www.ecb.europa.eu/press/press_conference/visual-mps/2026/html/mopo_statement_explained_march.en.html

Christine Lagarde, Luis de Guindos: Monetary policy statement, 19 March 2026 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2026/html/ecb.is260319~93b1cbad97.en.html

Monetary policy decisions, 19 March 2026 https://www.ecb.europa.eu/press/pr/date/2026/html/ecb.mp260319~3057739775.en.html

Combined monetary policy decisions and statement, 19 March 2026 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/shared/pdf/ecb.ds260319~30247d385d.en.pdf

Macroeconomic projections, 19 March 2026 https://www.ecb.europa.eu/press/projections/html/ecb.projections202603_eurosystemstaff~da4f97a747.en.html

European Central Bank
https://www.ecb.europa.eu/home/html/index.en.html

https://www.youtube.com/watch?v=vG1NbQxEp4Q

Global Trade Outlook 2026: press conference

Source: World Trade Organization – WTO (video statements)

Press conference with Director-General Ngozi Okonjo-Iweala and Chief Economist Robert Robert W. Staiger aunching the Global Trade Outlook and Statistics, released on 19 March.

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=BL8Yq49-B4E