impasse News

ICC Proposes Measures to Stimulate Global Economy

The International Chamber of Commerce has unveiled the initial recommendations of its Business World Trade Agenda initiative, aimed at stimulating the global economy by helping to move the World Trade Organization’s (WTO) multilateral trade negotiations out of an 11-year deadlock. …

WTO Risks its Future by Keeping Doha Talks Alive

The 153 members of the World Trade Organization agree on two things: We’re in a hole. And we must keep digging. The hole is the Doha Development Round, a decade-old negotiation that was billed as the next stage of trade …

Best Gauges Potential Impact of U.S. Debt Ceiling Impasse on Insurers

“With the credit quality of the U.S. imperiled by the current impasse over raising the debt ceiling, insurance companies are facing increased overall risk on their balance sheets,” states A.M. Best. The company recently announced the findings of stress testing …

WTO Faces Tough Choices after Latest Doha Round Setback

World Trade Organization members face a somber Easter Sunday because of a fight over manufacturing trade between the United States and major emerging economies like China, India and Brazil that could finally kill 10-year-old world trade talks. WTO Director General …