Worst decline in world trade in 6yrs -- report

``The first half of 2015 has seen the worst decline in world trade since the 2009 crisis, according to World Trade Monitor. The data could imply that globalization has reached its peak. In the first quarter of 2015, the volume of world trade declined by 1.5 percent, while the second quarter saw a 0.5 percent contraction (1.1 percent growth in annual terms), which makes the first six months of the year the worst since the 2009 collapse.''