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Latest World Trade Organization Stories

2011-06-07 10:03:00

Statement by USW President Leo W. Gerard PITTSBURGH, June 7, 2011 /PRNewswire-USNewswire/ -- Leo W. Gerard, the International President of the United Steelworkers (USW) issued the following statement in response to today's announcement by Ambassador Ron Kirk, U.S. Trade Representative on the outcome of consultations with China on wind energy subsidies following a union filed Section 301 petition last September on clean tech energy issues. (Logo:...

2011-05-18 13:19:00

WASHINGTON, May 18, 2011 /PRNewswire-USNewswire/ -- The European Commission welcomes the WTO Appellate Body report on the Airbus case published today. The Appellate Body has overturned several key findings made by the Panel. Most importantly, the Appellate Body found that support provided by Germany, Spain and the UK for the launch of Airbus' A380 aircraft is not a prohibited export subsidy under WTO Law. It also rejected the U.S. appeal that other instances of Repayable Launch Investment...

2011-05-18 10:45:00

CHICAGO, May 18, 2011 /PRNewswire/ -- The World Trade Organization's Appellate Body today confirmed that Airbus received $18 billion in illegal "launch aid" and other subsidies from European governments. "This is a clear, final win for fair trade that will level the playing field for America's aerospace workers," said Jim McNerney, Boeing chairman, president and chief executive officer. "The WTO has concluded that launch aid and other illegal Airbus subsidies distorted the market,...

2011-05-09 08:00:00

WASHINGTON, May 9, 2011 /PRNewswire/ -- The Global Harvest Initiative (GHI) today published the second of five issue briefs outlining policies to sustainably increase the rate of agricultural productivity and address hunger and food security in anticipation of a global population surge to over 9 billion people by 2050. The issue brief, "Removing Barriers to Global and Regional Trade in Agriculture," highlights the critical importance of improving food and agricultural trade flows in the...

2011-04-23 00:00:30

"This WTO report is a stark wake up call for anyone who cares about the future of our oceans and our fishing communities," said WWF Senior Fellow David Schorr. "Governments have the power to stop using taxpayer money to promote fisheries depletion, so they need to act now to enact strong WTO rules to eliminate harmful fisheries subsidies." Washington, DC (PRWEB) April 22, 2011 World Wildlife Fund (WWF) is applauding the strong language in a long-awaited report that a key World Trade...

2011-03-31 09:30:00

CHICAGO, March 31, 2011 /PRNewswire/ -- A World Trade Organization final case ruling published today confirms the massive market advantage Airbus has enjoyed from billions in illegal government subsidies provided to fund the company's commercial airplane product line since its inception more than 40 years ago. "This WTO ruling shatters the convenient myth that European governments must illegally subsidize Airbus to counter U.S. government assistance to Boeing," said J. Michael...

2011-03-31 00:38:00

Brussels and Washington Should Think Twice Before Acting JAKARTA, Indonesia, March 31, 2011 /PRNewswire-USNewswire/ -- As the European Union considers trade measures to limit paper imports from China, the motives behind this effort are now clear - a global campaign against forest industries in Asia - cloaked with Green rhetoric to save the forests - to shore up uncompetitive pulp and paper producers in Europe and the U.S. The campaign to get the EU to limit paper imports from China based...

2011-03-23 13:30:46

Editorial: The production of generic drugs in India A new trade agreement between India and Europe would block access to life saving drugs for billions of people living in developing countries, warns an expert on bmj.com today. The EU wants India to adopt tough new patent protection rules for drugs so that no new generic drug could be sold in India without the permission of the company that owned the brand name version of the drug, writes James Love at Knowledge Ecology International in an...

2011-03-04 07:00:00

OMAHA, Neb., March 4, 2011 /PRNewswire/ -- Data Support Systems, Inc. (DSS) today announced June 6th 2011 as the General Availability date for its latest solution TRIPS Dispute(TM). In addition, DSS unveiled the details of an accompanying "Advisory Bank Program" designed specifically for the solution. When asked about TRIPS Dispute(TM), Carl Bortol, DSS President and Founder, said, "Many financial institutions continue to handle Regulation E and Regulation Z disputes via homegrown...

2011-01-31 11:20:00

CHICAGO, Jan. 31, 2011 /PRNewswire/ -- Boeing (NYSE: BA) today released the following statement, responding to public reports that the WTO panel deciding European Union claims of U.S. government assistance to Boeing has issued a confidential final ruling rejecting the vast majority of Europe's claims: "Today's reports confirm the interim news from last September that the WTO rejected almost all of Europe's claims against the United States, including the vast majority of its R&D claims...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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