30/09/2011 (Agence Europe) - WTO lowers forecasts for 2011. The WTO announced on 23 September that it was lowering its trade forecasts for 2011, predicting a 5.8% rise compared with April's 6.5% forecast. The change is a result of the slower than expected growth of the last few months following, for example, the earthquake and tsunami in Japan, the prolonged budget impasse in the United States then the downgrading of the US credit rating, and the eurozone debt crisis, and with prospects for...