Concerns over Protectionism, Currency Dominate Trade Agenda at Americas Summit

Volume
16,
Number
15
-
18 April 2012
18 April 2012
The impact of rich country monetary policy on Latin American economies and the rise of import restrictions in the latter both took centre stage last weekend as leaders from thirty Western Hemisphere countries gathered in Cartagena, Colombia. The Summit of the Americas also saw Washington and Bogotá...
18 April 2012
Trade tensions between Washington and New Delhi ratcheted up another notch on 12 April, with India launching a WTO challenge against US countervailing, or anti-subsidy, duties on imports of certain Indian steel products ( DS436 ). This complaint is the latest in a series of commercial disagreements...
18 April 2012
The World Bank announced on Monday that Jim Yong Kim will be the organisation's next president, following a heated race that saw developing countries challenging the US for the Washington-based international financial institution's top post. The election of Kim, Washington's candidate for the...
18 April 2012
The EU's controversial decision to include aviation under the bloc's emissions trading system (ETS) has been dubbed a "deal breaker" for global climate talks by India's environment minister, Jayanthi Natarajan. While the minister is India's lead negotiator at the UN Framework Convention on Climate...
18 April 2012
Argentina's controversial announcement on Monday that it would be nationalising Spanish oil company Repsol YPF is unlikely to face a WTO challenge, according to unnamed EU officials cited by Bloomberg, following comments by Spanish industry minister José Manuel Soria hinting that Madrid would push...
18 April 2012
World trade growth is expected to continue slowing in 2012, WTO economists announced last Friday, following a sharp deceleration in trade growth in 2011. The global trade body credited the European sovereign debt crisis, among other shocks, for being among the main causes for the global economy's...
18 April 2012
WTO Director-General Pascal Lamy has announced the composition of a stakeholder panel to examine challenges to global trade in the 21st century, an initiative previously outlined at the December ministerial conference. The panel will examine trade drivers and obstacles, trade patterns, and how to...
18 April 2012
Coming soon 21-26 April, Doha, Qatar. THIRTEENTH SESSION OF THE UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT (UNCTAD XIII) AND CIVIL SOCIETY FORUM. This conference will convene under the theme "Development-centred globalization: Towards inclusive and sustainable growth and development." The...
18 April 2012
OECD ENVIRONMENTAL OUTLOOK TO 2050: THE CONSEQUENCES OF INACTION. Published by the Organisation for Economic Co-operation and Development (OECD) (March 2012). Based on joint modelling by the OECD and the Netherlands Environmental Assessment Agency, this publication looks forward to the year 2050 to...