The recent proposal over farm subsidy by the U.S. government came under fierce criticism in Europe for not reducing subsidies enough to ensure breaking the deadlock in global free trade talks. The European Union in response to the proposal said that the U.S. needs to make more ambitious subsidy cuts[...]
Posts Tagged ‘Global Economy’
June 19th, 2012 - 10:47 am § in News Of Economy
U.S. farm bill proposals meet fierce criticism, not enough to revive Doha round
May 31st, 2012 - 1:57 pm § in News Of Economy
US Treasury Secretary Paulson says global economy is strong
When it comes to global finance, United States not only dominates the global markets but other countries are equally eager to listen what Bush administration has to say on the issue. Struggling with sluggish growth rate and mounting inflation threat at home the bush administration has appointed Henr[...]
May 30th, 2012 - 1:54 pm § in News Of Economy
Paulson urges China to Speed up capital market cooperation and reforms
The U.S. Treasury Secretary Henry Paulson has said China risks wasting trillions of dollars in resources and lost economic potential unless it rapidly opens its capital markets. He further said in a speech delivered in Shanghai that China should open its financial sector further to foreign competiti[...]
May 17th, 2012 - 1:33 pm § in News Of Economy
IMF report plays down effects of US slowdown, but threat of spillover remains
The U.S. economic slowdown will be continued to be driven essentially by a sluggish housing market. However, any spillover into the rest of the world is expected to be limited as European economies are strengthening, says the International Monetary Fund. The IMF in the initial chapters of its semi-a[...]
May 15th, 2012 - 1:30 pm § in News Of Economy
Threats to global economy lessen: IMF
Threats to the global economy have lessened a bit in recent months, but policymakers must remain on guard nonetheless, said the head of the International Monetary Fund. The IMF chief Rodrigo Rato has recently told the Peterson Institute economic think-tank that there was ‘greater consciousness[...]
May 6th, 2012 - 1:15 pm § in News Of Economy
China warns WTO case can badly damage trade ties with US
The top Chinese officials in their sharpest reaction on trade relations with Washington warned that the recent US complaints to the World Trade Organization over product piracy and media market barriers could harm relations on trade issues. Chinese vice Premier Wu Yi has alleged that Washington was [...]
May 1st, 2012 - 1:07 pm § in News Of Economy
EU, South Korea to launch free trade talks
South Korea and the European Union are set to launch free trade talks today, a deal both countries have said would encourage bilateral commerce and complement efforts to forge a global trade pact. South Korea, fresh from concluding landmark trade deal with the US, expects to become a free trade hub [...]