Word: doha
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Dates: during 2000-2009
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There was a sense of inevitability about the latest collapse in global trade talks. Negotiators, meeting in Geneva, had seemed optimistic a few days earlier, hopeful of a breakthrough in the seven-year-old Doha round. But as so often, hope was no match for the strength of entrenched positions. After the breakdown, there were the usual murmurings that trade ministers might get together again to salvage something from the wreckage. But most observers found it hard to escape the conclusion that, this time, Doha really was dead...
...last decade to see how a concerned public can be mobilized over the Internet. A grassroots campaign that brought together a myriad of small groups first undermined political support for the Multilateral Agreement on Investment and then effectively derailed any hopes of advancement of liberalized trade in the Doha round of negotiations at the World Trade Organization...
...meantime, there are more immediate economic minefields to navigate. Inflation, for example, is surging in cities like Doha and Dubai, driving up the price of everything from food to office space. Nobody is hurt more than the Gulf's millions of ill-paid migrant workers, and this exacerbates the danger of growing labor unrest. One measure that Gulf countries are considering to dampen inflation: a dismantling of the peg that ties their currencies to the beleaguered U.S. dollar...
...facing Suleiman is the fate of Hizballah's arms - more pressing than ever after the Shi'ite group smashed the 19-month deadlock and routed its rivals with the stunning military seizure of west Beirut on May 9. The group's success on the ground is mirrored in the Doha agreement, hammered out in Qatar last week. In the deal, Lebanon's bickering leaders agreed to elect Suleiman, settled on an electoral law for next year's parliamentary elections, and formed a new government of national unity that grants the Hizballah-led opposition its long-sought demand of a veto...
...benefits. American farm subsidies are no exception, and have the added drawback of incurring the ire of foreign farmers who find themselves undersold by government-backed U.S. agriculture. This consistently creates a roadblock in international trade negations, as evidenced by the near failure of the trade liberalization talks in Doha over the issue of protectionist agricultural policies. By impeding the progress of international trade, the subsidy programs of the U.S. and other global culprits like the European Union end up creating a highly inefficient system that hurts everyone one from farmers in the developing world to American taxpayers. The ineffectual...