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by Robin MILLARD Agence France Presse GENEVA, Switzerland (AFP) — Russia’s war in Ukraine could almost halve world trade growth this year and drag down global GDP growth too, the World Trade Organization projected Monday. The WTO said that the Russian invasion had not only created a humanitarian crisis of “immense proportions” but had also dealt a “severe blow” to the global economy. It also said that in the longer term, the conflict could […]
by Nina LARSON Agence France Presse GENEVA, Switzerland (AFP) — The World Trade Organization chief announced Thursday he will step down on August 31, a year before his term ends, despite the COVID-19 pandemic ravaging the global economy. Roberto Azevedo said it had been a “personal decision” reached with his family, and stressed that he was not leaving to pursue “political opportunities”. “This is a decision that I do not take lightly,” Azevedo told […]
by Paulina Abramovich Agence France-Presse SANTIAGO, Chile – Eleven nations signed a slimmed-down version of the Trans-Pacific Partnership (TPP) trade agreement Thursday, moving to lower tariffs just as US President Donald Trump seeks to raise them after withdrawing from the deal. The TPP, which would have represented 40 percent of the global economy and nearly one-quarter of its trade, was left for dead after Trump pulled out to pursue his “America First” agenda. But the revamped deal, now […]
by Heather SCOTT Agence France-Presse WASHINGTON, UNITED STATES – US President Donald Trump vowed Monday he will not back down on imposing steep tariffs on steel and aluminum on Canada and Mexico unless he gets a “fair” deal to revamp the North American Free Trade Agreement. He also criticized the European Union for the trade barriers on US companies and repeated his threat to slap tariffs on European car imports if Brussels retaliates against the steel tariffs. Speaking […]
NEW JERSEY, United States — Eagle News revisits the Empty Sky Memorial, the official New Jersey September 11 memorial to the state’s victims of the September 11 attacks, on Saturday (September 10, 2016) a day before the 15th anniversary of the deadly attacks that killed 746 New Jersey residents at the World Trade Center in 1993. Located in Liberty State Park in Jersey City, it was dedicated for the 746 New Jersey victims whose names are etched […]
