BEIJING --China's exports fell for the first time in more than seven years in November while imports dropped sharply, reflecting the severity of the slowdown in global trade. The worse-than-expected trade figures came after other...
(Adds more economists' comment, data breakdowns.) BEIJING --China's exports fell for the first time in more than seven years in November while imports dropped sharply, reflecting the severity of the slowdown in global trade. The...
GENEVA (AFP)--World Trade Organization head Pascal Lamy late Monday decided to put off by a week a possible ministerial meeting to nail down a global trade deal, as key problems remained, he said in a...
(Updates with comment from E.U. presidency; adds background, context, analysis) GENEVA (AFP)--World Trade Organization head Pascal Lamy postponed a ministerial meeting to nail down a long-awaited global trade deal, saying key negotiating problems rema...
BRUSSELS -- The European Union is still committed to reaching a deal on a global trade negotiation, newly appointed European Trade Commissioner Catherine Ashton said Thursday. "Doha is still very much alive. If this deal...
World trade fell off a cliff last month. There's still the U.S. and the big European economies to come, but so far the November data from early-reporting countries paint an alarming picture of the global...
World trade fell off a cliff last month. There's still the U.S. and the big European economies to come, but so far the November data from early-reporting countries paint an alarming picture of the global...
FRANKFURT -- The global financial crisis obstructs international trade as banks are cautious to finance deals, the President of the World Bank Robert Zoellick said Thursday. "Trade is largely financed by credit, but you can't...
FRANKFURT -- The global financial crisis obstructs international trade as banks are cautious about financing deals, the President of the World Bank Robert Zoellick said Thursday. "Trade is largely financed by credit," Zoellick said in...
GENEVA (AFP)--The World Trade Organization warned Wednesday that the financing of global commerce is "deteriorating" amid the financial crisis and the situation is likely to worsen over the coming months. "The market for trade finance...