News
The hidden costs of trade treaties
29/05/2015
EU opens China solar industry dumping probe
29/05/2015
WTO Panel to Hear US, New Zealand Challenge of Indonesia Agriculture Import Restrictions
28/05/2015
The past two weeks have marked a busy period for the global trade arbiter, with a new WTO panel being established to hear the complaints of the US and New Zealand over claims of illegal agricultural import restrictions by Indonesia. Appeals were also filed by China and Japan, respectively, in their dispute over steel anti-dumping duties, while Tokyo has also launched a separate case against Seoul over alleged import restrictions.
Why the world needs to ban fuel subsidies
28/05/2015
On my maiden trip to Saudi Arabia, in late 2014, I received a crash course on unsustainable Saudi economics within minutes of landing, when my driver pulled into a gas station just outside Jeddah airport. We were in a big BMW 7 Series sedan and the fill-up—about 60 litres—cost the equivalent of about $8 (all currency in U.S. dollars). I was astonished. For Saudis, gasoline is much cheaper than bottled water.
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