Trade rows 'imperil world order'
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As negotiators try to relaunch global trade talks in Brazil, one says failure to reach a deal could have dire results.
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Economic instability looms as major currencies seem to be racing each other to the bottom of the pile. This is the flavour of the markets at the moment.
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The European Union threatened a World Trade Organization case against the US and Canada if they don&#39;t drop $126 million of tariffs, imposed on EU exports in retaliation for a ban on hormone-treated beef.
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GENEVA : A movement to counter the abolition of textile and clothing import quotas at the end of the year is gaining momentum, driven by fears that an unbridled China could wipe out competition because of its sheer production capacity, diplomats said.
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Sudden changes in the housing market pose the biggest threat to the UK economy, the world financial watchdog warned today. In an unusually stark message, the International Monetary
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BRUSSELS, Dec 10 (IPS) - A decision over the next head of the World Trade  Organisation may see developed  countries pitted against the  developing world.
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World Trade Organization (WTO) talks on a transatlantic row over plane subsidies will bring no quick fix for what could be the biggest commercial dispute in WTO history, officials and analysts warned on Wednesday.
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Worldwide opinion is increasingly wary of big powers and their leaders, a new global study suggests.
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Turbulence in world credit markets illustrates the dangers of globally-linked financial sectors and the need for the International Monetary Fund to sharpen its role as overseer of the world's financial system, IMF Managing Director Rodrigo Rato said on Thursday.
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Ministers meeting in Geneva this week  must break the logjam in the Doha Round talks or risk  triggering the failure of global free trade negotiations, World  Trade Organization (WTO) chief Pascal Lamy said on Wednesday.
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Barring a late-hour change of heart by Democrats on Capitol Hill, President Bush tonight will lose his authority to negotiate new trade deals, the latest sign that a decades-old American campaign to expand world commerce is foundering in the face of public unease.
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Dramatic rises in international food prices are threatening millions of people in poor countries, the UN warns.
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WASHINGTON -- The United States and other countries must work together to right a skewed pattern of trade and investment around the globe, a move that would help worldwide economic stability, Federal Reserve Chairman Ben Bernanke suggested Tuesday.
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Fear was back on global stock markets last week as investors worried about the financial and trade imbalances that have built up during years of strong growth for the world economy.
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U.S. Treasury Secretary Henry Paulson said on Tuesday trade protectionism was on the rise despite strong global prosperity and warned it was a potentially dangerous trend.
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Too often, the consequence of a tight presidential race is the sacrifice of principle to the win-at-all-costs ethos. It should thus come as no surprise that the Bush administration is once again jettisoning prudent trade policy for political calculation.
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Western nations must prepare for a future dominated by China and India, whose rapid economic rise will soon fundamentally alter the balance of power, former World Bank chief James Wolfensohn has warned.