World trade talks collapse

The seven-year world trade talks being held in Geneva collapsed this afternoon when the United States, China and India failed to reach an agreement on agriculture imports.
See reports from the Associated Press, The Daily Telegraph, The Hindu, and China View.

“Last ditch” trade talks could produce deal

According to news reports, marathon negotiations this weekend might finally produce a deal on the so-called Doha round of world trade talks, after seven years.
The talks, begun in 2001 in Doha, Qatar, are supposed to help the world’s poorest countries to compete in global markets. The talks at the World Trade Organization in Geneva had [...]

Microfinance continues to grow

According to the latest Vital Signs Update released by the Worldwatch Institute, the number of poor people worldwide receiving micro-loans increased 17 percent in 2006. The 2006 (latest data year) increase continued a double-digit growth rate that averaged about 29 percent annually between 2001 and 2006.
Microfinance has become an very effective tool for fighting poverty [...]