Global News Journal

Can export bans be challenged at the WTO?

August 12, 2010

 

 

Russian grain harvest

Russia’s ban on grain exports as a heat wave parches crops in the world’s third biggest wheat exporter has raised questions whether such export curbs break World Trade Organization rules. Russia is not a member of the WTO, and it remains to be seen how its new grain policy will affect its 17-year-old bid to join. But other grain exporters, such as Ukraine, which is also considering export curbs, are part of the global trade referee.

‘Frankenstein’-food fears keep GMOs out of Europe

February 5, 2010

As the new European Union executive prepares to debate fresh policy proposals which might unblock the stalemate over approving genetically modified crops for feed, processing or cultivation, there are few signs that Europe’s fears over what some have termed “Frankenstein foods” are easing. 

A Big Mona with fries?

October 16, 2009

This article by Mort Rosenblum originally appeared in GlobalPost. For the original article, click here.

Quake tours, spartan rooms at no-frills G8 summit

July 8, 2009

    Hiking through rubble-strewn streets, taking in a quake exhibit or bedding down in a concrete police compound — leaders at this week’s G8 summit in the Italian town of L’Aquila  are in for a change of pace from the routine luxury spa and resort experience of past summits.******    Devastated by an April earthquake that killed nearly 300 people and ringed by tent camps with portable toilets, L’Aquila is a far cry from previous G8 host cities like the Baltic seaside town of Heiligendamm, French lakeside resort Evian and Scottish golf resort Gleneagles.************ ****** ****** ****** ****** ****** ****** ****** ******    U.S. President Barack Obama and other leaders are being housed in a grey police school building on the outskirts of the mountain town, where they are to stay in spartan rooms with granite floors and cream-coloured walls and furnished with little more than simlpe wooden beds with white sheets.******    “There won’t be the luxuries of hotels on (Sardinia’s) Emerald Coast or (Rome’s) Via Veneto, but there will be dignified accommodation worthy of welcoming such important people,” said Italy’s emergency services chief, Guido Bertolaso.******    Room service menus will be absent, but each room will be supplied with instructions on what to do in the event of another earthquake.  Aftershocks have been persistent and plentiful in the run-up to the summit.******    In their free time, leaders can browse through an exhibit on “100 years of earthquakes” in Italy or take up Italian Prime Minister Silvio Berlusconi’s offer of a guided tour of areas laid to waste by the tremor, like Germany’s Angela Merkel did on Wednesday.******Earthquake victims have even welcomed leaders with a giant sign on a hill near the summit site declaring “Yes we camp” to protest the slow pace of reconstruction in the area.******   ****** ****** ****** ****** ****** ****** ****** ****** ******For all the lack of luxury, L’Aquila does guarantee voters back home will see images of their leaders rolling up their sleeves under the hot Abruzzo sun at a time of recession and financial turmoil.******    “I think it’s better to have (the summit) in a damaged zone than in an ultra-touristy region where people are spending millions of dollars on their vacations, while the leaders are there to discuss solutions to the global economic crisis,” said Dimitri Soudas, spokesman for Canadian Prime Minister Stephen Harper, ahead of the summit.******    Italy was initially set to host the annual summit of leaders from the world’s richest nations on the picturesque island of Sardinia, but hastily moved it to L’Aquila citing solidarity with victims when faced with complicated logistics and spiralling costs.******    One thing that won’t be lacking at the summit is fine Italian cuisine, since good food is not a luxury given up easily in Italy.  Among the local delicacies on offer are goat on skewers, baby lamb, rabbit from the small town of Goriano Valli, artichokes from Prezza and red garlic from nearby Sulmona.

Argentina’s Kirchner shows softer side on campaign trail

May 22, 2009

Argentina’s Nestor Kirchner developed a reputation as a sharp-tongued leader who did not hesitate to upbraid company executives, opposition leaders and journalists as president.

Sex, drugs and toxic shrubs: the best reads of March

April 3, 2009

Cubans indulge baseball mania at Havana’s “Hot Corner”

For all the shouting and nose-to-nose confrontations, visitors to Havana’s Parque Central might think they had walked into a brawl or counter-revolution … but here in the park’s Hot Corner,  the topic almost always under discussion is baseball, Cuba’s national obsession.

from Africa News blog:

Selling Africa by the pound

January 13, 2009

The announcement by a U.S. investor that he has a deal to lease a swathe of South Sudan for farmland has again focused attention on foreigners trying to snap up African agricultural land.

Enter the new farmers

June 25, 2008

Wheat field in RomaniaWhat’s with farming these days? The humble, even if slightly romantic vocation, is attracting a new breed of participants as investing in farmland and agriculture becomes the latest fad in the world of investments.
 
With financial markets in tumoil and commodity prices at record highs, traditional financial players such as investment banks and hedge funds, and even sovereign wealth funds of cash-rich emerging economies are increasingly looking at farm land as the next major investment avenue.