The world’s prevailing trade system was facing major challenges even before the pandemic. But that doesn’t mean globalization is destined to die.
Tag: WTO
The U.S. president has a history of strong-arming trading partners. But the move to tax things like French wine and Spanish olives is actually justified.
Moscow’s goal be an exporter of manufactured goods must be done in the face of major political and financial uncertainties.
NEW DELHI – Dreaming with BRICs, the study published in 2003 by Goldman Sachs that traced the rise of four emerging economies (Brazil, Russia, India and China) also marked the birth of a concept that has yet to disappoint. Between 2004 and 2011, average growth in China was 10.8%, in India 8.3% — to mention […]
MOSCOW – At the beginning of November, Russian automaker executives testified in front of the Trade and Industry Ministry about a network of sites around the country they had set up to allow car owners to drop off unwanted cars for recycling. It was the first sign in a move towards the creation of a […]
REUTERS, AFP, DIE WELT (Germany) Worldcrunch SINGAPORE — Held back by the financial crisis in Europe, world trade will grow by a meager 2.5 percent this year, the World Trade Organization (WTO) said on Friday. Reuters reports the WTO cut the 2012 estimate (originally set at 3.7 percent growth in April). “I see the risk […]