IBT News Blog

This article discusses Spain's new economic legislation. See http://www.iht.com/articles/2008/04/18/business/18specon.php

This article discusses the trends in US businesses which are doing well in the current economic climate and those which are suffering as a result of it. See http://www.iht.com/articles/2008/04/18/business/earns.php

Scotland's only oil refinery expects that its operations will cease soon due to an anticipated strike. See http://news.bbc.co.uk/go/em/fr/-/2/hi/uk_news/scotland/tayside_and_central/7356235.stm

This article discusses the link between South Africa, China and Zimbabwe with regard to transporting arms to the Zimbabwean government and the massive controversy it has caused. See http://www.iht.com/articles/2008/04/19/africa/19zimbabwe.php

This article discusses the WTO's new policy stance on the focus of international aid away from traditional areas and towards agricultural assistance. See http://news.bbc.co.uk/go/em/fr/-/2/hi/europe/7355949.stm

On April 16, the House passed the Jubilee Act for Responsible Lending and Expanded Debt Cancellation (HR 2634), sending the legislation to the Senate. The legislation calls on the US Treasury Department to negotiate at the International Monetary Fund (IMF) and World Bank for an agreement for debt cancellation for poor countries that need cancellation to meet the Millennium Development Goals (MDGs) but do not currently qualify for the current IMF/World Bank debt relief initiative.

Here's a link to the House bill.