MercoPress. South Atlantic News Agency
Stories for February 15th 2008
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Friday, February 15th 2008 - 20:00 UTC
Most vulnerable populations hit by soaring cereal prices
Soaring international cereal prices and freight rates are projected to increase import bills for the world's poorest countries 35% for the second year running affecting the most vulnerable populations, points out FAO in its latest Crop Prospects and Food Situation report.
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Friday, February 15th 2008 - 20:00 UTC
US 2007 trade deficit narrows for first time in six years
The US trade deficit narrowed in 2007 after five years of consecutive records, pushed by exports that helped offset the country's large growth in oil imports and trade gap with China. The deficit reached 711.6 billion US dollars in 2007, down from 758.5 billion in 2006, a 6.2% decline the Commerce Department said.
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Friday, February 15th 2008 - 20:00 UTC
FAO addresses fishing of fragile deep sea species and habitats
Fifty-three countries and the European Community have begun discussions in Rome on how to better protect fragile deep sea fish species and habitats from irresponsible fishing practices.
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Friday, February 15th 2008 - 20:00 UTC
First WTO defeat for China over foreign made car parts
China has experienced its first defeat at the World Trade Organization (WTO), in a case referred to restrictions on the importation of foreign-made car parts. Upholding a complaint from the European Union, Canada and United States, the preliminary WTO finding agrees that current Chinese practice is protectionist.
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Friday, February 15th 2008 - 20:00 UTC
Euro zone growth outpaced the US; first time since 2001
An initial estimate shows that Euro zone economic growth dipped last year to 2.7%, but still easily outpaced the US economy for the first time since 2001. The rate marked only a marginal slowdown from 2006 when the Euro zone economy grew by 2.8%. The US economy slowed to 2.2% in 2007.
