Crucial trade talks in Geneva are hanging in the balance, with top negotiators saying progress is needed in the next 24 hours if they are not to collapse.
Rich and poor nations have so far failed to reach agreement in four days of talks on how to boost the global economy while fighting poverty. The United States and the European Union are urging big emerging nations such as Brazil, India and China to open their agriculture markets. But the emerging countries want richer nations to first cap their farming subsidies and lower tariffs on imports. Merkel praises G8 climate deal despite others' mixed reactions ...
EU to open anti-dumping probe into US biodiesel ... The talks convened by the World Trade Organisation aim to map out a deal to conclude the long-delayed Doha Round of global trade talks.
(Deutsche Welle)
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