Tag: WTO

• Tuesday, September 6th 2011 - 20:11 UTC

  UN warn austerity measures and deficit cuts is pushing the world towards disaster

  

  The pursuit of austerity measures and deficit cuts is pushing the world economy towards disaster in a misguided attempt to please global financial markets, the annual report of the United Nations economic think-tank UNCTAD said on Tuesday.

• Friday, September 2nd 2011 - 08:35 UTC

  China appeals WTO report that it restricts exports of nine raw materials

  

  China appealed the World Trade Organization's finding in July that its export controls over raw materials including coke, zinc and magnesium violate global trading rules.

• Wednesday, July 27th 2011 - 04:07 UTC

  Lamy calls on WTO members for “an adult conversation” fearing failure of trade talks

  

  The head of the World Trade Organization Pascal Lamy warned Tuesday its 153 members of the consequences on failing to agree a watered-down global trade deal by December and called for “an adult conversation” over what to do next.

• Wednesday, July 20th 2011 - 06:54 UTC

  Zoellick calls for strong US leadership to revive moribund world trade talks

  

  US leadership could be the vital spark needed to revive moribund world trade talks, said World Bank President Robert Zoellick and criticized those who support a mini-trade deal or putting the Doha effort to sleep.

• Thursday, June 30th 2011 - 06:53 UTC

  Trade problems between Brazil and Argentina ‘persist’, but can be managed

  

  Trade problems between Mercosur two main partners ‘subsist’, but both sides are optimistic that they can be solved. The revelation in the framework of the Mercosur summit follows weeks of discussions and paralyzing trade, sometimes for weeks at the borders.

• Saturday, June 11th 2011 - 10:06 UTC

  Countries succumbing to protectionism, says an advance of WTO document

  

  The world's trading nations are succumbing to protectionism in the wake of the global financial crisis, limiting exports of food and raw materials and installing new import barriers, the WTO warned.

• Friday, May 27th 2011 - 09:24 UTC

  Pimentel anticipates more ‘active measures’ to defend Brazil’s industry

  

  The Brazilian Government announced that it is considering additional import restrictions on top of the ones already applied to vehicles, as a measure to defend their national industry.

• Friday, May 27th 2011 - 09:15 UTC

  Lamy calls G20 not to fall prey of protectionism; points to Russia and Argentina

  

  World Trade Organization Director General Pascal Lamy warned world leaders that adopting protectionist measures can have “devastating effects” on the global economy. Addressing the G 20 group Lamy called on the leaders to resist “the temptations of protectionism”.

• Wednesday, May 25th 2011 - 00:29 UTC

  G20 largest economies are avoiding protectionism says UNCTAS-OECD-WTO

  

  The Group of 20 (G20) largest economies are largely keeping their pledges to avoid protectionism as a reaction to the recent global recession, but the rest of the world is increasing trade barriers, a new report co-authored by the UN said Tuesday.

• Monday, May 2nd 2011 - 01:03 UTC

  Brazil’s Rousseff frustrates top business leaders but is praised by landless peasants

  

  Brazilian president Dilma Rousseff left top bankers, investors and corporations CEO frustrated following her decision to cancel a speech to the World Economic Forum on Latin America meeting in Rio do Janeiro.