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Global News Key WTO members take another stab at resolving differences
GENEVA, NOV 22 (AP) Five key members of the World Trade Organisation, including India, met today to try to keep global talks alive and save a major ministerial meeting in Hong Kong in December. US Trade Representative Rob Portman, just returned from the Asia-Pacific summit and meetings with African leaders, was hosting the meeting aimed at tying up loose ends and making as much progress as possible before Hong Kong. "We will be working away at the ... EU fails to wrestle internet dominance from US
11.17.2005 - 10:11 CET | By Lisbeth Kirk The EU, backed by a number of countries worldwide, has not succeeded in wresting leadership of internet governance from the US at the UN summit on information in Tunis. But a new international Internet Governance Forum (IGF) will be created to follow issues related to internet governance, according to a last-minute deal reached ahead of the opening of the summit on Wednesday (16 November). The internet was invented in the US and ... China trumpets economy at Pacific Rim CEO summit
By Paul Eckert and Jon Herskovitz PUSAN, South Korea, Nov 17 (Reuters) - Official talks went on hold at the Pacific Rim summit on Thursday as attention focused on a meeting of business chiefs, where Chinese President Hu Jintao extolled the virtues of his country's booming economy. Security was tightened even further in the South Korean city of Pusan as protesters held small rallies ahead of a two-day meeting of leaders, with 30,000 police on duty and scores of Secret ... 'Work longer, get a better pension,' says minister
11/17/2005 Working longer is the key to solving Britain's pensions crisis, a minister has said. But he declined to comment on whether the state retirement age would be raised to 67. His comments followed reports that the retirement age is to be raised from 65 to 67, in return for a more generous state pension. Lord Turner's Pensions Commission was set up to review pensions amid fears that many Britons are heading for poverty in old age. It is due to report ... Buying Into Japanese and German Exporters
Buying Into Japanese and German Exporters Carl Delfeld With the euro down nearly 15% this year and at a two-year low against the U.S. dollar, the world's largest exporting nation is worth a good look. So is another country that has thriving exports in spite of a stronger currency. We're talking about Japan and Germany, respectively, the world's second- and third-largest economies. The top lines at leading German industrial ... International Investment in Bulgaria Still Strong
International Investment in Bulgaria Still Strong Tim Wright The strong growth in the Bulgarian economy is continuing and this is emphasised by the confidence in the market shown by companies such as GE for example. * GE Commercial Finance Real Estate recently announced it will be acquiring a 50% stake of the Mall of Sofia. The Mall is an enormous trade, business and entertainment centre currently under ... The Truth behind the UK 'Economic Miracle'
The Truth behind the UK 'Economic Miracle' P. G. Uru Much has been written in recent times about the supposed 'economic miracle' enjoyed by the Uk under the incredible super-chancellorship of Mr Gordon Brown. Under Mr Brown's careful and well thought out steering, the UK has enjoyed a near 'golden age' of prosperity, economic growth and fine weather. This 'boom' has seen:- * Over 50 consecutive quarters of ... French enterprise delegation eyes investment possibilities
10-10-2005 HA NOI â?? The largest-ever delegation of French corporations representing a variety of sectors descended upon Viet Nam last week to promote investment opportunities. The group of 35 companies organised by the Movement of French Enterprises (MEDEF) arrived in Ha Noi last Monday before moving on to HCM City two days later. Many of them are investors familiar to Vietnamese entrepreneurs: Alstom (electricity and railway), Apave and Fives-Lille (cement), France ... 'Duty' to back Italian bid for Antonveneta, Fazio says
Denies favouritism influenced decision; blames Dutch rival Amro's business plan Tuesday, October 11, 2005 ROME -- Bank of Italy governor Antonio Fazio said it was his "institutional duty" to approve an Italian bank's bid for Banca Antonveneta SpA at the expense of a Dutch rival, according to a memorandum from his lawyers yesterday. Mr. Fazio has been accused of siding with Banca Popolare Italiana SpA (BPI) in its struggle with Dutch bank ABN Amro Holding ... U.S. Dollar Strengthens Against Euro
(10-11) 07:53 PDT BERLIN, Germany (AP) -- The euro fell against the U.S. dollar for a third day Tuesday amid uncertainty about a new German government that is seen as unlikely to push through radical reform of Europe's biggest economy. The 12-nation currency bought $1.2007 in late European trading, down from $1.2057 in New York late Monday. Economists are skeptical about prospects for faster growth in Germany after conservative leader ... China can't move further on the yuan
Qu Hongbin International Herald Tribune TUESDAY, OCTOBER 11, 2005 HONG KONG John Snow, the U.S. treasury secretary, visits Beijing this week to talk about what China can do to help cut a U.S. current-account deficit of more than 6 percent of gross domestic product - a record high, and one that is commonly agreed to be unsustainable. For months, the United States pressed China to revalue its currency, the yuan, and China finally responded on July 21 by moving to a ... Developing nations criticize farm aid offer
GENEVA - A powerful group of developing countries will put forward a new proposal asking the United States and European Union to make deeper cuts in their farm aid, trade ministers said Tuesday. Washington's own offer outlined earlier this week, which proposed cuts of 60 percent in trade-distorting farm subsidies, does not go far enough, said Brazil's Foreign Minister Celso Amorim. "We welcome the fact that it was made, we think that it's a positive step, but there's ... Singapore extends growth run
By Amit Prakash Bloomberg News MONDAY, OCTOBER 10, 2005 SINGAPORE The economy of Singapore expanded at an annualized 3.2 percent pace in the third quarter, the Trade Ministry reported Monday, following an 18 percent spurt in the previous three months. Growth was led by manufacturing, which accounts for a quarter of the $107 billion economy. From a year earlier, the economy expanded 6 percent, faster than the 5.2 percent in the second ... |
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