WTO's goods trade index hits record low amid COVID disruptions

GENEVA (Reuters) - The World Trade Organization (WTO) said on Wednesday its goods trade indicator fell to the lowest level since its launch, indicating global trade was likely to fall "precipitously" in the first half of 2020 due to disruptions caused by COVID-19.The indicator, launched in July 2016, fell to 87.6 from 95.5 in February, the Geneva-based body said. Readings of less than 100 indicate trade below medium-term trends."The current reading captures the initial phases of the COVID-19..