Global trade seen cut by more than a quarter in second quarter - U.N. agency

BRUSSELS (Reuters) - World trade in goods is set to slump at a rate not seen since the global financial crisis in 2009, with estimates becoming increasingly gloomy over the past weeks, the United Nations Conference on Trade and Development (UNCTAD) said on Wednesday.Merchandise trade is seen down 3.0% in the first quarter from the final three months of 2019 and by a further 26.9% in the second quarter, UNCTAD said. Year-on-year, these figures would be falls of 3.3% and 29.0% respectively."There..