Apr. 17, 2008 22:50
International trade today and prospects for 2008 by the WTO
Posted by NancyOta under [General ][ (0) Comment ] | [ (0) Trackbacks ]
On April 17, the WTO released a synthetic analysis of trends in world economy in 2007, and prospects for 2008 on the main aspects of international trade. Not surprisingly, the Organization is quite pessimistic about the near-term. Follow the link to know more: http://www.wto.org/english/news_e/pres08_e/pr520_e.htm Tina Wetchy
Apr. 17, 2008 21:29
EU statements on Chinese toys
Posted by NancyOta under [International Politics ][ (0) Comment ] | [ (0) Trackbacks ]
This article discusses the EU's announcement that China supplied the greatest number of dangerous toys on its market last year. See http://news.bbc.co.uk/go/em/fr/-/2/hi/europe/7353118.stm
Apr. 17, 2008 21:28
Russia/Libya debt agreement
Posted by NancyOta under [International Politics ][ (0) Comment ] | [ (0) Trackbacks ]
This article discusses the recently announced agreement between Libya and Russia, under which Russia will forgive millions of dollars in Libyan debt it holds from the Col War period in exchange for Libyan assurances that military and other contracts will be awarded to Russian businesses. See http://www.iht.com/articles/2008/04/17/business/rusbiz.php
Apr. 17, 2008 21:26
A major US grocery store has stopped purchasing Chilean salmon due to concerns over quality after the Chilean salmon stock has been ravaged by a new virus. See http://www.iht.com/articles/2008/04/17/america/17chile.php
Apr. 17, 2008 21:24
Australian drought and the rice market
Posted by NancyOta under [General ][ (0) Comment ] | [ (0) Trackbacks ]
This article discusses the impact of the Australian drought on the rising price of rice and decrease in supply. See http://www.iht.com/articles/2008/04/17/business/17warm.php
Apr. 17, 2008 21:22
In an attempt to control rising rice prices, Sri Lanka has announced that it will cap the prices which can be charged for various forms of rice. See http://news.bbc.co.uk/go/em/fr/-/2/hi/south_asia/7352615.stm
Apr. 17, 2008 21:21
EU stance on rice export protections
Posted by NancyOta under [Finance ][ (0) Comment ] | [ (0) Trackbacks ]
The EU is taking a stand against recent attempts by rice producing nations to curb rice exports. See http://news.bbc.co.uk/go/em/fr/-/2/hi/europe/7352091.stm
Apr. 17, 2008 21:20
Rice actions by China and the Philippines
Posted by NancyOta under [Finance ][ (0) Comment ] | [ (0) Trackbacks ]
This article discusses the follow-up plans announced by China and the Philippines as both nations attempt to handle the global increase in rice prices. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7352038.stm
Apr. 17, 2008 21:18
Price fixing by Japan Airlines
Posted by NancyOta under [Finance ][ (0) Comment ] | [ (0) Trackbacks ]
Japan Airlines has been fined more than $100 million for fixing prices on its cargo shipments to the US. See http://news.bbc.co.uk/go/em/fr/-/2/hi/business/7352292.stm
Apr. 17, 2008 21:16
Interestingly, as the world is in the grip of rising rice prices, Ghana has created a hybrid rice plant that could save its population from starvation or high prices. However, as this article discusses, a key issue in the success of the hybrid rice is the willingness of the Ghanaian population to eat it. See http://news.bbc.co.uk/go/em/fr/-/2/hi/africa/7350856.stm

