An eleventh-hour deal to provide cut-price drugs for the world’s poorest people was being finalised in Geneva last week in an effort to save next month’s trade summit in Cancun, Mexico, from collapse.
United States Treasury Secretary John Snow shrugged off concerns about the US’s deficit last week, insisting that a recovery in the world’s largest economy would help close the record gap between revenues and spending.
India and China will challenge the West’s control over global trade rules with a united front at the World Trade Organisation (WTO) summit in Cancun this September.
Western countries should kickstart deadlocked global trade talks to heal the international diplomatic rifts left by the war in Iraq, Supachai Panitchpakdi, the director of the World Trade Organisation (WTO), urged this week.
Washington’s determination to find an alternative energy source to the Middle East is leading to a new oil rush in sub-Saharan Africa that threatens to launch a fresh cycle of conflict, corruption and environmental degradation in the region.
The European Central Bank (ECB) was under mounting pressure to cut borrowing costs this week after admitting that the eurozone will grow this year at half the speed it originally expected.
United States President George Bush launched a legal challenge at the World Trade Organisation (WTO) this week to force Europe to accept imports of US genetically modified (GM) crops.
Ethiopia’s prime minister has called on the West to reform damaging trade policies and increase development aid to help his country break its 20-year-long cycle of poverty and famine
The head of the World Trade Organisation (WTO), Supachai Panitchpakdi, warned Western nations this week that their failure to agree to a deal on cheap drugs for developing countries could threaten the next round of global trade negotiations.
As the Burundian peace summit entered its third day in Tanzania this week, one of the warring rebel factions claimed to have captured 72 government troops in two months of fighting.
