South America Misses Rich Trade Opportunities
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The failure of Brazil-led Mercosur and the European Union to reach a free trade deal this month is another lost opportunity for South American nations eager to build stable growth, analysts said.
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The European Union and the Mercosur group of South American economies agreed Thursday to let negotiations on opening their markets extend into next year, missing a month-end deadline to build the world&#39;s largest trade area.
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Global Trade's Precarious Balance
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The United States and Brazil will look for ways this weekend to bridge bitter divisions between rich and poor nations that led to the collapse of trade liberalization talks, Washington's chief trade negotiator said Friday.
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The last chance for a world trade  deal could slip away in the next few months unless India,  Brazil and other advanced developing countries offer meaningful  commitments to open their market to more foreign goods, U.S.  private sector experts said on Tuesday.
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The European Union and the four-nation South American Mercosur customs bloc failed to reach a deal to create the world&#39;s biggest free-trade area, negotiators said late on Wednesday.
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Latin American mutual funds have wowed investors lately with stellar returns, but you might want to think twice before committing yourself heavily to the region: Analysts say a heavy concentration in two volatile markets makes them a risky gamble.
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President Bush has spent the past six days in Central and South America pushing his view that what he calls free trade is the solution for millions who live in poverty south of our border.
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The weak dollar is not solving the problem with the trade deficit, only reduced consumption of imports can and it doesn&#39;t help that the per unit cost keeps rising.
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President Bush, battling anti-America sentiment in Central and South America, said Wednesday the United States doesn't get much credit for its generosity in the region.
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Brazil&#39;s Ministry of Foreign Relations is commemorating two World Trade Organization decisions that were favorable to Brazil. The decisions, which are now official, concerned EU and US subsidies on sugar and cotton, repectively.
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HELSINKI, Sep 13 (IPS) - Four developing countries -- China, India, Brazil  and South Africa (CIBS) -- are poised to become new southern  engines of global economic growth with increasing potential to  provide prosperity to other developing countries, said prominent  economics researchers here.
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Although globalization has transformed Asia, decades of assisted development have not produced sustained prosperity in Africa.
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The internal disputes that have slowed South American economic unity are simply "growing" pains, leaders of the Mercosur trade bloc said Thursday.
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A decade after Argentina, Brazil, Paraguay and Uruguay sealed a trade deal amid grandiose visions of transforming South America into a single economic bloc, officials representing the Mercosur nations are returning amid mounting criticism to the same colonial Brazilian town where the historic agreement was signed.
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The economy of Latin America and the Caribbean grew 5.5 percent this year, outstripping the most optimistic forecasts. But structural challenges linked by many experts to neo-liberal economics stand in the
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PARIS, Sep 25 (IPS) - While its economic landscape is brightening, Africa  is still bedeviled by some of the same obstacles that has  historically served to undermine economic development in the  resource and labour-rich region. And many of those woes could be  solved through development of further intraregional trade.