The report forecasts global economic growth to 2.6% in 2024, barely above the 2.5% threshold commonly associated with a recessionary phase. The report says the prevailing focus on inflation overshadows urgent issues like trade disruptions, climate change and rising inequalities. It advocates for structural reforms and coordinated global efforts, proposing …
britain's governing Labour party's abrupt volte-face on November 5 on the plan to ban Formula One racing sponsorship by tobacco companies has become as a major embarrassment. This was one of the electoral promises of the party before the general elections in May, which it won by a landslide. Recently, …
imports of goods made by forced or indentured child labourers may be banned if a bill is passed in us. The bill sponsors say that the trade ban will affect the imports of rugs and carpets from Pakistan and India, where children as young as four years old are sold …
Despite signing deals with Florida for US $11.3 billion and Mississippi for US $3.4 billion, tobacco companies in the US said that they would fight the US $14 billion lawsuit in the state of Texas. They said that they would cut no more deals by paying individual states for the …
Uganda's coffee industry is expected to increase its annual output to a record level by the year 2000 . The latest figures show that Uganda's coffee output is estimated at four million bags during 1997-98 as compared to 3.1 million bags during 1994-95. Industry sources say that the output may …
The polite language would be to say that the government of India is inconsistent in its positions on global environmental issues. The impolite language would be to say that the Indian government speaks with a forked tongue. In the last week of June, environment minister Saifuddin Soz was lambasting world …
IN AN "Indian appeal" to thwart a South African proposal aimed at lifting the ban on international trade in rhino horns, nearly 250 Members of Parliament (MPs) have expressed their support to 5,800 conservationists, NGO representatives and students. The appeal for the conservation of the rhinoceros was sent to the …
Although wild crocodiles are considered endangered, the prospects for growth in the crocodile farming business really looks good in Siem Reap, Cambodia - up to 1,350 per cent, Nao Thuok, who is the deputy director of the fisheries department -also popularly known as the Crocodile Man - promotes raising crocodiles …
twin benefits: Researchers of Bharat Heavy Electricals Ltd, Hyderabad, have developed a solar thermal collector that produces power as well as hot water. The new device can provide 100 litres of hot water per day at 75-80
a watered down compromise could be a possible outcome of the ongoing clash between the European Union (eu) and us over fur trade. The issue in contention involves an international agreement on humane trapping standards which eu would like to enforce and which us resists. eu has twice delayed imposing …
IRATE South Africans are protesting the European Union (EU) ban on their ostrich meat and live birds following an outbreak of Congo fever. The EU ban came into effect after an abattoir worker died recently and 16 others were infected with the fever in Oudtshoorn, a town close to South …
Months of international dispute may be set at rest with the US Court of International Trade agreeing to resume imports of shrimp from India, Pakistan and China. The US customs service was directed by the court to allow the entry of shipments from these countries with immediate effect. The court …
Members of the Asia-Pacific Economic Cooperation ( apec ) forum have agreed to liberalise global trade in information technology. The apec nations will chalk out a common position on bringing down tariffs on computers, telecommunications equipment and other
The controversial Nam Theun ii hydro dam project has run into trouble. The Electricity Generating Authority of Thailand ( egat ) has cancelled plans to purchase electricity from the dam. The cancellation has dealt a final blow to the dam's developers, who have poured us $30 million into the project …
officials from 87 countries met in Nairobi last week under the aegis of the United Nations ( un) , to deliberate on framing a global convention on the trade of hazardous chemicals and pesticides. The meeting which took place between September 16-20 at the un environment programme ( unep ) …
Indian policy-makers are slowly waking up to the needs of a multilateral market which is placing a high premium on the environment. Following the US ban on shrimp exports from India, exporters are gearing up to fight the so-called
On the main issues emerging in the WTO: The agenda for the issues emerging before the wto has already been laid down in its agreements. In addition, at Marakkesh (where the final act was adopted), a new item on trade and environment was included in the agenda. The summary of …
NORTH American wine merchants may sell liquor which tastes and smells exactly like champagne. But they can be hauled up in court for using that brand name, as only the French can market this sparkling concoction. Going by that count, the name 'basmati', alluding to the long- grained, fragrant rice …
SPUTTERlNG growth has been a characteristic feature of the world economy in recent times. Yet there are encouraging indicators of a major upswing that can sustain it over a relatively long period. The developing countries of Asia and Latin America are shedding institutional shackles that restricted their growth in the …
THE Kani adivasis, living in the Agasthyar hills of southern Kerala, knew about jeevani for centuries. From this tiny medicinal plant Trichopus zeylnicus, they extracted Arogyapazha: a retroactive, immuno enhancing, anti-stress drug. Later, the drug was developed by the Tropical Botanical Garden and Research Institute Palod, Thiruvananthapuram. Now, a reward …
Ending bitter disputes over fishing quotas and farm exports, Morocco and the European Union (EU) signed wide-ranging trade and cooperation agreements recently. The pact, known as . 'Euro-Mediterranean accord', was delayed by a dispute over fishing quotas for Eu boats in Morocco's rich coastal waters. When the negotiations broke o …
