Brazil wants to restart collapsed global trade negotiations and believes an agreement can be reached within two months, President Luiz Inacio Lula da Silva said on Saturday (02/08), to Reuters. Marathon talks on a new global trade pact collapsed in Geneva on Tuesday as the United States and India refused to compromise over a proposal to help poor farmers deal with floods of imports.
WTO Doha Collapse Requires a New Direction in Multilateralism - Minneapolis Global institutions enforcing trade and finance rules have overridden fundamental human rights, stalled international development and harmed the environment, finds three new papers released today by the Institute for Agriculture and Trade Policy. A new system is badly needed.
The new geopolitics of trade and the collapse of the mini-ministerial at the WTO: was it “only” about the Special Safeguard Mechanism (SSM)? Mariarosaria Iorio (IGTN Geneva Office) said that the collapse of the negotiations of the WTO mini-ministerial (21-31 July 2008) reflects the new geopolitics of the world economy.
In response to rocket fire against its territory, Israel launched a large military offensive against the Palestinian group Hamas on December 27, 2008. The attacks are in the Gaza Strip, in the Middle East. By January 7, the conflict had resulted in over 700 Palestinians and 11 Israelis dead. INESC issues a public statement in defense of an immediate cease-fire involving both sides and for a lasting peace in the region.