GENEVA (Reuters) – South Africa sees growing opportunities for trade with other developing countries as new economic powerhouses emerge and Europe is engulfed by economic and currency weakness, its trade chief said on Wednesday.
Trade and Industry Minister Rob Davies said the changing world economy meant South Africa could intensify trade ties with countries such as Brazil, India and China at the expense of links with traditional partners such as the European Union.
GENEVA (Reuters) – Libya has ordered the U.N. refugee agency UNHCR to close its operations there, putting the future of more than 12,000 refugees and asylum seekers at risk, a UNHCR spokeswoman said on Tuesday.
The expulsion has taken on added gravity because of the Italian policy of pushing back refugees who are fleeing North Africa and the Middle East out of Italian waters into Libya, UNHCR spokeswoman Melissa Fleming said.
GENEVA (Reuters) – Protectionism is still a risk as unemployment remains high in many countries despite the recovery but it has so far not caused the serious damage that some feared, a World Trade Organization report will argue next week.
WTO Director-General Pascal Lamy has been reporting since early 2009 on trade measures by the WTO’s 153 members to monitor whether the financial crisis was leading to tit-for-tat steps of the kind that caused the 1930s Great Depression.
GENEVA, June 8 (Reuters) – Governments should reform
financial markets and keep stimulus packages in place rather
than being panicked into austerity measures that risk a second
recession, trade unionists and economists said on Tuesday.
John Evans, general-secretary of the Trade Union Advisory
Committee to the Organisation for Economic Cooperation and
Development (OECD), said unions were arguing that there could
not be a simple return to business as usual before the crisis.
GENEVA (Reuters) – The H1N1 pandemic is not yet over although its most intense activity has passed in many parts of the world, the World Health Organisation said on Thursday after a review of the flu outbreak by independent experts.
The WHO emergency committee, composed of 15 external advisers, said it remained critical for countries to maintain vigilance concerning the pandemic, including necessary public health measures for disease control and surveillance, WHO Director-General Margaret Chan said in a statement.
GENEVA (Reuters) – China’s curbs on exports of some raw materials to conserve resources may not meet the stated goals while giving Chinese manufacturers an unfair advantage, the World Trade Organization said on Monday.
The remarks, in a report prepared for China’s two-yearly trade policy review, constituted a rare comment by the WTO’s secretariat on a current dispute between members.