DEVELOPMENT:   Subsidies Dip a Little, But Nowhere Near Decline
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GENEVA, Oct 23 (IPS) - Rich countries have failed to carry out reform of  their domestic farm subsidies programmes to reduce distortions in  global trade, says a senior official of the Paris-based  Organisation for Economic Cooperation and Development (OECD), a  grouping of 30 wealthy nations.
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Developing countries are starting to flex their financial muscles and invest overseas.
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The World Bank said Sunday the impact of recent turbulence in financial markets on developing countries has been limited and global economic growth remains strong.
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A. $2.1 trillion B. $920 billion C. $230 billion D. $100 billion A. $2.1 trillion is not correct. While more than 5 billion people live in the developing world, the total aid given to help their development last year was considerably less than $2.1 trillion.
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As little as 27 cents of every dollar spent on Iraq's reconstruction has actually filtered down to projects benefiting Iraqis.
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U.S. carbon dioxide emissions dropped slightly last year even as the economy grew, according to an initial estimate released yesterday by the Energy Information Administration.
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Though the United States is a top donor in international aid after disasters, it is the one of the smallest contributors for development.
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A drop in the monthly inflation rate may have been greeted with sighs of relief by the Zimbabwean government, but analysts and consumers have seen little evidence that the economy has turned a corner.
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Developed countries are giving only half the promised amount to help to slow population growth, the UN says.
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Producer prices dropped unexpectedly last month as energy price gains eased and the cost of food and vehicles fell, according to a government report on Friday that showed inflation pressures fading.
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WASHINGTON - Wholesale prices dipped 0.1 percent in August as a retreat in food costs helped to blunt a rise in the price of some energy products, a fresh sign that inflation isn't currently a problem for the economy. The decline in the Producer Price Index, which measures costs of goods before they reach store shelves, came after wholesale costs edged up by 0.1 percent in July, the Labor Department reported Friday...
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Soaring US exports help to narrow the country's trade deficit, while unemployment falls slightly.
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A proposal that would cut billions in government subsidies to U.S. farmers is unlikely to inject new momentum into the Doha round of global trade talks.
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Washington, DC - The World Trade Organization says some US farm subsidies unfairly drive down world prices by encouraging crop surpluses.
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The economy lost steam in the late summer but not nearly as much as first thought, a hopeful sign the country is weathering the housing slump.
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The good news is that child labor in Asia is decreasing. The bad news? It's not declining fast enough.
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Crude oil prices have dipped in New York, sliding as much as two dollars to around $50 a barrel. That&#39;s extending declines seen last week despite concerns that a planned strike in Nigeria could affect output.