Azevedo will be first Latin American to head WTO

May 9, 2013

Azevedo will be first Latin American to head WTO

The World Trade Organization has settled on Roberto Azevedo of Brazil, a well-known diplomat and consummate insider in Geneva circles, to serve as its director general for the next four years, officials said Tuesday. The directorship is chosen by consensus in a complex and ...

May 8, 2013

WTO backs Japan in Canada energy row

The World Trade Organization’s Appellate Body has issued a ruling that broadly backs the arguments of Japan and the European Union over the Canadian province of Ontario’s preferential treatment for local firms in promoting renewable energy. The final decision issued Monday by the Appellate ...

Apr 12, 2013

Lagarde calls BOJ's easing 'positive step'

IMF Managing Director Christine Lagarde said the Bank of Japan’s recently announced new monetary easing is “a positive step.” In a speech Wednesday at the Economic Club of New York, the head of the International Monetary Fund noted the emergence of a “three-speed” global ...

Feb 23, 2013

Japan faces calls for bold reforms in WTO policy review

The World Trade Organization is calling on Japan to make bold structural reforms while offering broad support for its current money-easing policies. “Members felt that the accommodative macroeconomic policies being pursued, particularly by the new government, can help Japan to recover from the recent ...

U.S. to free Russian trade but target rights violators

Dec 8, 2012

U.S. to free Russian trade but target rights violators

The U.S. Congress drew a furious response from the Kremlin on Thursday after passing legislation that targeted human rights abusers in the prison death of Russian lawyer Sergei Magnitsky. Voting 92-4, the Senate approved establishing permanent normal trade relations (PNTR) with Russia, ending Cold ...