The head of a World Bank effort to assess the institution's heavily criticised support for mining and energy projects appealed to the bank Friday to re-channel its energy investments into clean and renewable energy sources.
U.S.-Africa trade fell in 2002, weighed down by a decline in U.S. exports of transportation goods and a decrease in energy exports from Africa, according to a U.S. report.
Consensus on how to reform the embattled World Trade Organisation (WTO) will not be easy to achieve, if a survey of experts is any indicator.
Most people in the United States disapprove of their country's trade policy and want leaders to beef up measures to cushion trade's negative effects on workers and the environment, a new survey showed Thursday.
The World Bank needs to hire more experts on gender equality, press borrowers to include gender issues in its investments, and offer more incentives for its staff to work toward eliminating gaps between men and women worldwide, says a recent study.
Private capital flows to so-called "emerging markets" rebounded strongly last year over 2002 levels, pulled up by low interest rates in rich countries and better economic policies in developing nations, says a global group of financial firms.
As U.S. President George W. Bush unveiled his plan to establish a base on the Moon to support a manned mission to Mars on Wednesday, economists were warning that the U.S. "borrow and spend" policy that would fund the mission is piling up debt and inflating the country's deficits to serious levels.
More than four billion dollars went missing from government coffers in oil-rich Angola from 1997-2002, says a leading human rights watchdog, pointing the finger at officials' wrongdoing.
A flurry of recent reports and statements supports accusations that the Bush administration misrepresented evidence of weapons of mass destruction (WMD) to go to war in Iraq.
The United States says it will urge leaders from 34 Americas nations meeting this week to continue to democratise their societies, open up their economies, introduce property rights, commit to free trade and assist businesses to operate in their countries.
The United States awarded a 1.8-billion-dollar reconstruction contract to U.S. engineering giant Bechtel on Tuesday despite charges from watchdog groups that the company is too close to the U.S. administration and that such deals exclude many Iraqis.
A group of activists and consumer advocates is accusing the U.S. government of doing too little to stop the spread of mad cow disease in the country because of pressure from the powerful beef industry.
After 10 years a deal that all sides say transformed trade and investment rules in North America has still produced far fewer positive results than originally promised, according to its critics.
After 10 years a deal that all sides say transformed trade and investment rules in North America has still produced far fewer positive results than originally promised, according to its critics.
U.S. construction giant Bechtel, a firm with a major contract to help rebuild Iraq, planned to hire "non-U.S. suppliers of technology" so it could evade economic sanctions imposed by Washington after Saddam Hussein used poison gas against Iraq's Kurdish minority, according to a newly declassified document.
The United States criticised several countries on Thursday, both allies and adversaries, for failing to protect religious freedom, a charge it has faced itself since launching its "war on terror".
The United States and four Central American countries reached a so-called free trade agreement (FTA) on Wednesday, a deal critics say will cost U.S. jobs and transfer wealth from the already impoverished Latin nations to U.S. corporations.
The United States and four Central American countries reached a so-called free trade agreement (FTA) on Wednesday, a deal critics say will cost U.S. jobs and transfer wealth from the already impoverished Latin nations to U.S. corporations.
Contradicting a number of recent studies and findings by independent think tanks and activists, the World Bank says the controversial North American Free Trade Agreement (NAFTA) has spurred economic development in Mexico.
The capture of Saddam Hussein could fuel the simmering anger that Arab populations feel towards their dictatorial leaders, and embolden them to demand greater participation, say analysts here.
The George W. Bush administration's decision to exclude countries that opposed the U.S.-led war on Iraq from multi-billion-dollar reconstruction deals contradicts its position both on free trade and its self-described mission in Iraq, Washington analysts say.