World Trade Organization to be led by a woman for first time
The WTO announced Thursday that a selection committee found Ngozi Okonjo-Iweala of Nigeria and Yoo Myung-hee of South Korea qualified for the final round in a race expected to end in the coming weeks.
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News Wrap: Pelosi says House will stay in session until virus aid deal reached
In our news wrap Tuesday, new efforts are underway to get another pandemic aid package through Congress. House Speaker Nancy Pelosi said her chamber will stay in session until there’s a deal. A bipartisan group of lawmakers endorsed spending $1.5…
U.S. presses WTO to stop lenient trade treatment of China
In a memo, Trump directed U.S. Trade Representative Robert Lighthizer to "use all available means" to get the WTO to prevent countries from claiming developing country status if their economic strength means they don't need beneficial treatment.
Obama Calls for Stronger U.S.-Russian Relationship
As he wraps up his two-day trip to Moscow, President Barack Obama urged the resetting of the U.S.-Russian relationship while citing the common interests that could form the basis for stronger political and economic ties.
General Motors Corp. announced Thursday that it lost nearly $31 billion in 2008, saying its auditors were likely to cast doubt on its viability as it seeks more federal aid to stay afloat.
During a NATO meeting Tuesday, world leaders warned Russia that its recent actions against Georgia could endanger Moscow's diplomatic relations. Analysts examine how the West and Russia have clashed over the crisis.
Opposition from increasingly important China and India derailed efforts to negotiated a global trade deal Tuesday. With the talks stalled, two economic experts assess the impact on American and international businesses and farmers.
A trade agreement signed by the United States and Russia over the weekend clears a major hurdle for the former communist country's entry into the World Trade Organization, the international body that regulates trade rules and disputes.
After several months of acrimonious debate and failed negotiations, international trade representatives officially suspended the Doha round of free trade talks, marking a major setback to efforts to reduce trade barriers throughout the globe.
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