WTO head Pascal Lamy warned on Friday that talks on a global free-trade pact faced collapse as the clock ticked down on negotiations here intended to break a seven-year deadlock.
Ministers from 35 key nations began a critical round of talks in Geneva on Monday. The Doha Development round of negotiations has been deadlocked as developed and developing countries show brinkmanship over concessions on issues such as agricultural subsidies.
Cuban hopes for widespread economic changes have been spoiled by President Raul Castro's first speech to the country's National Assembly during which he called on the people to work harder on the land.
The world's biggest economy lost jobs for a sixth straight month in June as US employers shed 62,000 nonfarm jobs amid a lingering slowdown.
The Pentagon Wednesday reopened a 35-billion-dollar contract to produce a new generation of aerial fuel tankers, acknowledging flaws in the US Air Force's decision to award it to Northrop Grumman and European partner EADS.
Turkish businesses are coming to the rescue of the Egyptian textiles industry, making the most of cheap energy and labour costs.
Leaders of the G8 industrial nations wrapped up their summit in Toyako, Japan Wednesday. They agreed to tackle soaring oil and food prices that are stoking global inflation, but had few significant achievements.
Every night at dusk in this wealthy California coastal town, Barbara Harvey puts down food for her golden retrievers, Phoebe and Ranger, and watches as they go for their evening walk. Not long afterwards, the 66-year-old mother-of-three clambers into the back of her white Honda CR-V, pulls up a blanket, and beds down for the night, snuggling next to her beloved dogs for comfort.
The Group of Eight major powers agreed on Tuesday to at least halve global carbon emissions by 2050, in what leaders hailed as a step forward. The decision could pave the way for UN negotiations towards a global agreement by the end of 2009.
African leaders on Monday urged the Group of Eight nations to tackle spiking oil and food prices, warning the crisis threatens to aggravate an already desperate plight in the continent.
As G8 leaders in Japan thrash out measures to fight soaring food prices, the Philippines is launching a vast overhaul of its agricultural sector to become self-sufficient in rice by 2010. One strategy -- to encourage the use of hybrid rice seeds.
Apartheid is abolished in South Africa, but clearly it still exists for salaries. A recent study shows that white South Africans still earn about five times more than blacks.
Robert Mugabe is back as president of Zimbabwe after what was widely denounced as a sham election. Meanwhile, the daily hardships of ordinary Zimbabweans look set to continue with many commuting into neighbouring Zambia to make some money.
Buying an apartment or a House in the United States is no longer out of reach for foreigners. Attracted by a weak dollar and a wide offer, more and more Europeans are investing in Real Estate. Florida is one of their favorite destinations.
The recent wave of xenophobic violence in South Africa has tarnished the image of the country as a holiday destination but the tourist industry are still hopeful of attracting 10 million visitors in 2010.