Soaring energy, food, and transport prices drove Britain’s inflation to a new high in October, jumping to a 41-year high of 11.1 percent, squeezing households and businesses amid a warning of recession in major economies by the world trade body. The Office for National Statistics in a report on Wednesday …
Read More »China complains to WTO over Australia’s trade measures
China has made an appeal to the World Trade Organization (WTO) over historic duties introduced by Australia concerning three Chinese products as part of a crackdown on unfair trade practices, including dumping.
Read More »Australia takes wine dispute with China to WTO as sales plunge
Wine tariffs imposed by Beijing doubled or tripled the price of Australian wine and made the Chinese market unviable for exporters. The Australian government said on Saturday it was lodging a formal complaint with the World Trade Organization about China’s imposition of anti-dumping duties on Australian wine exports, escalating further …
Read More »WTO head hopes for deal by July on vaccine-sharing
The head of the World Trade Organization said on Monday she hoped that members could reach an agreement by July on improving access to COVID-19 vaccines after months of talks on waiving drug firms’ intellectual property rights. “It’s going to be tough because there are still differences but we hope …
Read More »BeIN Sports licence in Saudi Arabia permanently cancelled
Saudi Arabia said on Tuesday that it permanently cancelled the licence of Qatari broadcaster beIN Sports, which has been barred from broadcasting in the kingdom since mid-2017 over political disputes with Qatar. Saudi’s General Authority for Competition (GAC) said in a statement that it was also fining beIN Sports 10 …
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