Parag Khanna, Senior Fellow at the non-profit, non-partisan think tank New America Foundation, says the improvements in trade facilitation will add up to 1 to 2 trillion to the global economy» Read More
BRUSSELS, Nov 28- The European Union on Thursday banned most imports of South African citrus for the remainder of this year over fears that a fungal disease found in dozens of shipments could spread to the 28- nation bloc.
*Libya struggles to pay salaries, more clashes erupt. SINGAPORE, Nov 28- Brent futures held above $111 a barrel on Thursday on worries that supply from OPEC member Libya will continue to be disrupted as winter oil demand increases, but a bigger-than-expected rise in U.S. crude stocks kept the gains in check.
*Libya struggles to pay salaries, more clashes erupt. SINGAPORE, Nov 28- Brent futures held above $111 a barrel on Thursday on worries OPEC member Libya isn't anywhere close to ramping up output as winter oil demand increases, while a bigger-than-expected rise in US crude stock kept the gains in check.
TORONTO, Nov 27- Economic growth in Canada should accelerate next year as a pick-up in the U.S. recovery boosts exports, but low inflation means the Bank of Canada can wait to raise interest rates until early 2015, the International Monetary Fund said on Wednesday.
GENEVA, Nov 27- Barring a last-minute deal by ministers next week, the latest round of world trade talks look set to fail, but unlike past liberalisation battles, few people are cheering.
KIEV, Nov 27- Student Taras Zagorbenskyy jumped on a bus from western Ukraine as soon as he saw on a social networking site that others were gathering in Kiev to protest President Viktor Yanukovich's walking away from a landmark deal with the European Union.
TORONTO, Nov 27- Canada's economy should accelerate next year as a pick-up in the U.S. recovery boosts exports, although the Bank of Canada is unlikely to raise interest rates until early 2015, the International Monetary Fund said on Wednesday. The IMF sees Canada's economic growth accelerating to 2.25 percent in 2014 from an estimated 1.6 percent this year.
UNITED NATIONS-- The U.N. General Assembly's human rights committee on Tuesday unanimously adopted a resolution sponsored by Brazil and Germany to protect the right to privacy against unlawful surveillance, following months of reports about U.S. eavesdropping abroad.
BRUSSELS, Nov 27- The European Union backed down on Wednesday from threats to suspend agreements granting the United States access to European data, rejecting calls for a tougher stance over alleged U.S. spying.
BRUSSELS, Nov 27- The European Union on Wednesday imposed hefty duties on Chinese imports of glass used in solar panels, saying China's producers were exporting at unfairly low prices that threatened European manufacturers.
*India may have room to boost Iran imports after nuclear deal. NEW DELHI, Nov 27- India could buy more crude from Iran in the next four months and intends to increase purchases further in the next fiscal year, its top oil bureaucrat said, after a deal last weekend eased some sanctions on the OPEC member.
BRUSSELS, Nov 27- The European Commission has dropped its investigation into suspected abuse by the United States of a financial database to snoop in the European Union, rejecting EU lawmakers' calls to freeze its access.
*Some diplomats blame India for last-minute backtracking. *India at risk of massive trade sanctions if Bali deal fails. GENEVA/ NEW DELHI, Nov 26- India may hold the key to the credibility of the World Trade Organization and to a trillion-dollar trade deal that apparently was derailed this week, diplomats in Geneva said on Tuesday.
*Robust U.S. data, protests at Libya refineries boost oil. LONDON, Nov 26- Brent crude Oil rose above $111 a barrel on Tuesday, boosted by strong U.S. housing data and a consensus that a deal between Iran and world powers would bring no immediate increase in crude supplies from the OPEC member.
GENEVA, Nov 26- Talks on a worldwide trade agreement at the World Trade Organization in Geneva have reached an impasse due to last-minute backtracking but a deal may still be possible, WTO chief Roberto Azevedo said on Tuesday.
*Nuclear deal caps Iran's exports at current levels. LONDON, Nov 26- Oil edged above $111 a barrel on Tuesday as investors judged that a deal between Iran and world powers would bring no immediate increase in crude supplies from the OPEC member.
GENEVA, Nov 26- World Trade Organization chief Roberto Azevedo said on Tuesday that WTO negotiations in Geneva are at an impasse and that it will be up to trade ministers at the Bali meeting next month to resolve differences.
NEW YORK, Nov 26- China's aggressive quest for foreign oil has reached a new milestone, according to records reviewed by Reuters: near monopoly control of crude exports from an OPEC nation, Ecuador.
*Nuclear deal caps Iran's exports at current levels. LONDON, Nov 26- Oil edged above $111 a barrel on Tuesday as investors judged the historic deal between Iran and world powers would bring no immediate increase in crude oil supplies from the OPEC member.
*China/ EU agree to start talks on investment treaty. BUCHAREST, Nov 26- China wants to double trading volumes with central and eastern members of the European Union in the next five years, Li Keqiang said on his first visit to the former communist bloc as premier.