G4 talks collapse, throw trade round into doubt
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POTSDAM, Germany  - Talks between four of the world's big trade powers collapsed on Thursday, throwing the future of global WTO talks on free commerce into deeper crisis.
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BEIJING -- A last-minute snag yesterday over the amount and timing of assistance to North Korea dampened hopes at six-nation talks for a landmark deal aimed at locking Pyongyang into firm steps toward nuclear disarmament.
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Even a modest global trade pact may be better than nothing, according to economists and analysts who say the implosion of faltering World Trade Organisation talks would carry big costs.
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Talks between four trade powers to save the World Trade Organisation's (WTO) Doha round of free trade negotiations have collapsed, a European Union official said, confirming a comment from an Indian official.
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Trade powers launched an eleventh-hour  effort to rescue global trade talks on Tuesday as negotiators  prepared for what the United States called a critical week.
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As negotiators try to relaunch global trade talks in Brazil, one says failure to reach a deal could have dire consequences.
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The main stumbling block in the Doha Round of global trade talks is the failure of the United States and European Union to make substantial concessions on agriculture, China's commerce minister said on Monday. The World Trade Organization formally relaunched the Doha round of negotiations last month after a six-month suspension that was triggered by differences among major trading partners, especially the United States and EU, over farm subsidies.
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Talks to end Kenya's political crisis collapse, but Kofi Annan is to lead further discussion.
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RIO DE JANEIRO, Brazil  - Rich countries and   developing nations agreed on Sunday that global trade talks   should resume, but they failed to set a date for formal   negotiations.
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Chinese and US trade officials end two days of talks, but make little progress on the key issues of dispute.
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THERE had been hopes that the 10th summit would see a new sense of direction take shape within the Association of South-east Asian Nations (Asean), but the two-day event closed yesterday with an all-too-familiar note of ambiguity.
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American and Chinese officials ended two days of economic talks Thursday by calling for calmer heads to avoid trade spats after clashing over who was responsible for Beijing's massive trade surplus.
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The World Trade Organization (WTO) sought on Friday to rekindle hopes of a global trade deal after talks between four major powers collapsed.
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U.S. officials said India and Brazil were to blame for the breakdown on Thursday of trade talks that some were billing as a final chance to spur the Doha round toward completion.
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Trade talks to be held in Brazil may be a way for governments to fire up moribund WTO negotiations.
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Any hopes for a global policy response to U.S. recession fears, global market turmoil and exchange rates will likely go unanswered when Group of Seven finance heads meet in Tokyo on Saturday.
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The Bush administration is billing  the collapse of world trade talks this week as good news for  its drive to renew negotiating powers in Congress, but it is  not clear that U.S. lawmakers will see things that way.