World Trade Correspondent, Geneva
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Jul 22, 2010

Global investment flows to recover in 2010-12 –UN

GENEVA, July 22 (Reuters) – Global foreign direct investment
(FDI) flows will steady this year and rise further in 2011-12 as
cross-border mergers by multinational companies pick up on
growing business confidence, a United Nations agency said.

FDI, on which many developing countries rely to finance
their economies, will rise to $1.3-1.5 trillion in 2011 and
towards $1.6-2.0 trillion in 2012 from $1.2 trillion this year,
the U.N. Conference on Trade and Development (UNCTAD) said.

Jul 20, 2010

EU appeals against ruling in WTO Airbus case

GENEVA, July 21 (Reuters) – The European Union said it will
appeal on Wednesday against a World Trade Organization ruling
condemning its subsidies for Airbus (EAD.PA: Quote, Profile, Research, Stock Buzz), prolonging a
dispute with the United States for at least several more months.

An EU source close to the case said Brussels would hand in
its appeal shortly before a special session of the WTO’s dispute
settlement body.

Jul 19, 2010
Jul 16, 2010

U.S. business sees Doha trade deal momentum in 2011

GENEVA, July 16 (Reuters) – Trade is moving back up the U.S.
political agenda and there is scope to reach a deal next year in
the long-running Doha round and other stalled trade
negotiations, industry lobbyists said on Friday.

But to get the backing of business, a Doha agreement must be
more ambitious than what is currently on the table, said
Christopher Wenk, senior director for international policy at
the U.S. Chamber of Commerce.

Jul 16, 2010

Positive signs in trade barrier talks – chairman

GENEVA (Reuters) – Trading powers are putting forward news ideas on breaking down barriers to global commerce, indicating progress is possible in a key area of world trade negotiations, the diplomat chairing the talks said on Thursday.

Both developed and developing countries took part in a week of meetings on non-tariff barriers — obstacles to exports and imports besides import duties, said Luzius Wasescha, Switzerland’s ambassador to the World Trade Organisation.

Jul 13, 2010
Jul 13, 2010
Jul 13, 2010
Jul 13, 2010
Jul 13, 2010

Offshoring creates good jobs in poor countries – study

GENEVA (Reuters) – Offshoring and outsourcing in services from call centres to accountancy and medicine have created good jobs in terms of pay and working hours in developing countries, according to a study published on Monday.

But the International Labour Organization (ILO) study found that improved work practices in the outsourcing industry could reduce excessive rates of staff turnover.

    • About Jonathan

      "I write about world trade for Reuters and also lead our Geneva bureau covering international organisations based in Geneva. I spent many years in Eastern Europe, both before the Berlin Wall came down, and after 1989, when I covered the economic transition of the region. I also worked in Moscow from 1994 to 1998, where I set up Reuters domestic service for Russia and the CIS, and ran news operations in the Nordic and Baltic countries from 1998 to 2002 and Southeast Asia from 2002 to 2007."
      Joined Reuters:
      1978
      Languages:
      English, German, French
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