WTO

EU Trade Commission Karel De Gucht (R) and U.S. Trade Representative Ron Kirk attend a session at the World Economic Forum (WEF) in Davos, January 28, 2012.

Beware, Trade Cheats: New U.S. Team Getting Ready for You

A new team of U.S. trade enforcers will make countries think twice about building unfair barriers to American exports, said President Barack Obama's top trade official, who noted the team will include intelligence officials as well as representatives of multiple agencies.

Davos Agenda: Economic Growth, Jobs, Protectionism

Economic growth, jobs and protectionism are the top three worries at the start of 2012, according to a Call to Action published by 11 leaders of international organizations on Friday in a bid to kick-start debate at next week's Davos Forum.
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European flags are seen outside the European Commission headquarters in Brussels

Politics Stymie China's EU Aid Offer

Diplomatic deadlock is curbing China's will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing's three key demands, two independent sources have told Reuters.
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Batumi: A First Glimpse of the New Georgia

The Republic of Georgia's President, Mikheil Saakashvili, vowed to transform the small resort town of Batumi into the nation's economic and cultural powerhouse. Stephen Robert Morse traveled to Batumi to investigate Saakashvili's progress.
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Canada warns EU on oil sands ranking plan

Canada warned on Sunday it will defend its interests if the European Union (EU) goes through with a proposal to rank Canadian oil sands as a highly polluting fuel.
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Occupy Wall Street: start of a new protest era?

When Paul Friedman met the rag-tag youth camped out near Wall Street to protest inequality in the American economy, he felt he was witnessing the start of a protest movement not seen in America since the 1960s.
People wait in line to enter a job fair in New York

2.8 Million U.S. Jobs Lost Since China Joined WTO: Study

About 2.8 million jobs, both in manufacturing and high-tech fields, have been lost as a result of the growing U.S. trade deficit with China since Beijing's entry into the World Trade Organization in 2001, said an EPI study, which was denounced immediately by the US-China Joint Business Council.
Gold bar

Gold Down After Day of Pro Eurozone Developments

Gold prices settled moderately lower Wednesday after a string of European developments during the trading session boosted investor hope that the continent's sovereign debt crisis is finally getting the attention it requires.
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China Vows to Appeal Raw Materials Ruling by WTO

China vowed on Wednesday to appeal a recent World Trade Organization ruling against its raw materials export policy, a case that could threaten Beijing's stance on rare earths, which it contends is in line with the trade body's rules.
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America Is Rapidly Bleeding Wealth And Jobs

Over the past decade, the number of middle class jobs has fallen by about ten percent. There is a reason for this. America is becoming poorer. The economic pie is shrinking. When we ship 40 to 50 billion dollars into the hands of foreigners every single month, that means that there is a lot less wealth for all of us to divide up.

UN to promote tourism for development

Tourism is increasingly growing to become as one of the major sources of revenue for many of the world’s developing countries. Sustainable tourism initiatives such as eco-tourism has helped generate employment in many communities and fostered growth.
Cancun, Mexico

Mexico vies to become top tourist destination

Within weeks from declaring 2011 to be Mexico's “year of tourism,” the country's president Felipe Calderon said that the government aims to make Mexico the world's top fifth tourism destination by 2018.

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