Trade : South faces defining moment on "development-friendly" WTO reforms   (D. Ravi Kanth, Geneva) (PRIV)
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The developing countries are facing a defining moment for pursuing "development-friendly reforms" at the World Trade Organization, with the Doha Development Agenda (DDA) negotiations having almost been killed by the United States and other developed countries with the tacit support of the WTO Secretariat, trade envoys told the SUNS.

UN : Three informal consultations held on business, human rights draft treaty   (Kinda Mohamadieh, Geneva) (PRIV)
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Three informal consultations have been held in Geneva in preparation for the release of a revised draft text of a legally binding instrument to regulate the activities of transnational corporations and other business enterprises.

Opinion : Financialization undermines real economy   (IPS, Kuala Lumpur/Penang) (PRIV)
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Kuala Lumpur/Penang, 2 Jul (IPS/Jomo Kwame Sundaram and Michael Lim Mah Hui*) -- The relationship between finance and the real economy is arguably at the root of the contemporary economic malaise.