World Trade Correspondent, Geneva
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Mar 11, 2011

WTO top court backs China in U.S. duties row

GENEVA (Reuters) – The World Trade Organization’s top court upheld on Friday some Chinese objections to a ruling that had backed the right of the United States to impose extra duties on Chinese goods that Washington said unfairly priced and subsidized.

In particular the appellate body supported China’s argument — rejected by the original dispute panel — that the imposition of such a double penalty broke WTO trade rules.

Mar 11, 2011
Mar 10, 2011

Modern dance brings Gluck’s Orphee to life in Geneva

By Jonathan Lynn

GENEVA (Reuters Life!) – A new production in Geneva of Christoph Willibald Gluck’s 18th century opera Orphee, directed by Swedish choreographer Mats Ek, uses modern ballet to bring out its message of the redeeming power of music.

The production, based on a version first seen in Stockholm in 2004, draws on a modern staging to recreate the revolutionary impact of the opera, premiered in 1762.

Mar 8, 2011

Big gaps threaten Doha trade deal, negotiators warn

GENEVA (Reuters) – Sizeable gaps remain in talks on a world trade deal and nations must redouble their efforts to have any hope of meeting their deadline of this year to complete the long-running Doha round, trade diplomats said on Tuesday.

At a meeting of the World Trade Organization to review the decade-old Doha talks, many countries said the negotiations were making progress on technical details but what was needed was a deal to create real market access for exporters.

Mar 4, 2011
Mar 2, 2011

Business not pushing trade deal -ex-EU trade chief

GENEVA, March 2 (Reuters) – Businesses are not working hard
enough to get a new world trade agreement even though the
so-called Doha deal is in their interest and is attainable,
former EU trade chief Leon Brittan said on Wednesday.

Brittan, who is trade adviser to British Prime Minister
David Cameron, said he was optimistic a Doha deal could be done
this year, as called for by world leaders, but failure to do so
in 2011 would mean the trade pact would never be concluded.
As European trade commissioner, Brittan played a key role in
negotiations on the previous trade agreement, the Uruguay round
completed in 1994, and in setting up the World Trade
Organization.

Mar 2, 2011

IATA cuts 2011 profit forecast to $8.6 bln due to rising fuel price

GENEVA (Reuters) – Global airline net profits will halve this year as rising costs, especially oil prices, offset increasing demand, the industry body IATA said on Wednesday.

The result would be a net profit margin this year of only 1.4 percent — dismissed by IATA Director-General Giovanni Bisignani as more worthy of a charity than an industry — down from 2.9 percent in 2010.

Mar 2, 2011

IATA sees global airline profit halving in 2011

GENEVA, March 2 (Reuters) – Global airline net profits will
halve this year as rising costs, especially oil prices, offset
increasing demand, the industry body IATA said on Wednesday.

The result would be a net profit margin this year of only
1.4 percent — dismissed by IATA Director-General Giovanni
Bisignani as more worthy of a charity than an industry — down
from 2.9 percent in 2010.

Feb 23, 2011
Feb 23, 2011

World trade tops pre-crisis level in Dec.- Dutch CPB

GENEVA, Feb 23 (Reuters) – International trade volumes
exceeded pre-crisis levels for the first time in December, and
global trade expanded by a record 15.1 percent in the whole of
2010, the Dutch CPB economic institute said on Wednesday.

The data were further evidence of a buoyant global economy,
with the full-year expansion in trade more than compensating for
the 13.0 percent contraction in 2009 in the wake of the
financial crisis, it said in its monthly world trade monitor.

    • 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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