*Several ministers call for arms embargo on Russia. BRUSSELS, July 22- The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days.» Read More
WASHINGTON— Fed up with U.S. dominance of the global financial system, five emerging market powers this week will launch their own versions of the World Bank and the International Monetary Fund.
But Washington sees bright side of findings. GENEVA, July 14- World Trade Organization judges said on Monday the United States broke its rules in imposing hefty duties on Chinese steel products, solar panels and a range of other goods that Washington argues enjoyed government subsidies.
TRADE REPRESENTATIVE SAYS CAREFULLY EVALUATING OPTIONS AFTER WTO RULING ON CHINA CHALLENGE TO U.S.
WASHINGTON, July 14- The United States is studying a World Trade Organization ruling about anti-subsidy duties imposed on some Indian steel products and will consider all available options, the office of the U.S.
TRADE REPRESENTATIVE SAYS IS STUDYING WTO RULING ON INDIAN STEEL SUBSIDIES, WILL EVALUATE ALL OPTIONS WHERE WTO FOUND U.S.
BERLIN, July 14- Germany would benefit from a free trade agreement between the United States and the European Union but negotiations need to be held more transparently or no deal will be possible, German Finance Minister Wolfgang Schaeuble was quoted as saying.
GENEVA, July 14- The World Trade Organization on Monday backed some key claims by India against countervailing duties imposed by the United States on certain steel products, but rejected others.
GENEVA, July 14- World Trade Organization judges found on Monday that the United States had violated global trade rules by imposing punitive import duties on a range of Chinese steel products, solar panels and other goods that Washington said enjoyed government subsidies.
GENEVA— The world trade body has ruled against the United States in two disputes with India and China, telling the U.S. government it must abide by international rules.
GENEVA, July 14- The World Trade Organization on Monday backed some key claims by India against U.S. countervailing duties on certain steel products, but rejected others. The WTO panel, ruling on the April 2012 case, said that the United States had acted wrongly in claiming some Indian subsidy programs had given Tata unfair advantage.
VIOLATES TRADE RULES IN IMPOSING IMPORT TARIFFS ON STEEL, SOLAR PANELS FROM CHINA.
LONDON, July 14- Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions, even after a top court has annulled its blacklisted status in the European Union.
BRUSSELS, July 12- The European Union targeted Ukrainian separatist leader Aleksandr Borodai and 10 other rebels with travel bans and asset freezes on Saturday, avoiding fresh sanctions on Russian business to avoid antagonizing its main energy supplier.
BRUSSELS/ MOSCOW, July 11- The European Union sought to reassure Russia on Friday that a free-trade pact with Ukraine was not aimed at hurting Moscow but rejected calls to postpone its implementation, offering more talks instead.
*Global agricultural production and consumption to rise. ROME, July 11- World food output is on track to meet the needs of a growing population after a decade punctuated by supply concerns, the OECD and U.N. food agency said on Friday.
MOSCOW, July 11- Russia urged the European Union on Friday to refrain from implementing a free-trade pact with Ukraine until Moscow's concerns over the agreement are addressed.
PARIS, July 11- Global biofuel output should expand in the period to 2023, mostly boosted by increasing demand, higher crude oil prices and government policies, but the rise should be lower than in the past decade, the FAO and OECD said on Friday.
ROME, July 11- The outlook for world food inflation looks lower and more stable as agricultural commodity prices settle over the next decade following years of volatility, the U.N.' s Food and Agriculture Organization and the OECD said on Friday.
WASHINGTON— The Federal Reserve's new No. 2 official says regulators must continue to work to end the need for the government to bail out big banks in a crisis. Fischer, a former official of the International Monetary Fund and a head of the Bank of Israel, said regulators "need to be vigilant" in trying to prevent the next crisis— "and there will one."
LONDON, July 10- Fossil fuels will remain an indispensable part of the global energy supply for at least the next 50 years, so a means must be found to burn them without pumping carbon dioxide into the atmosphere.