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    JOHN DENTON

    Not in dreamland: WTO aims for modest outcomes at Abu Dhabi meeting

    The almost 30-year-old global watchdog, whose rules underpin 75% of global commerce, tries to strike deals by consensus, but such efforts are becoming more and more difficult as signs grow that the global economy is fragmenting into separate blocs.

    Streaming a movie abroad may soon come with taxes at the border

    The World Trade Organization (WTO) faces a potential breakdown of the decades-old moratorium on digital customs charges. The tariff ban, allowing free cross-border digital transactions, is set to expire in March. Large developing economies, including Indonesia, South Africa, and India, signal opposition to an extension, citing concerns about US Big Tech dominance, data privacy, and lost customs revenue. The lack of an international framework for digital trade complicates negotiations.

    From The Rolling Stones' new album to 'Polite Society', a list of music and movies for curing weekend boredom

    Planning to stay in this weekend? Here's a list of must-watch movies and albums to enjoy!

    Geopolitical fragmentation, increasing trade protectionism, climate change posing serious challenges to inclusion: Industry leaders

    Industry leaders at the B20 Summit India 2023 discussed the challenges of inclusion in a world marked by geopolitical fragmentation, trade protectionism, and climate change. Roopa Purushothaman, Tata Sons Chief Economist, highlighted the worsening inequality within countries, while International Chamber of Commerce Secretary General John Denton noted that inequality has not been diminishing globally.

    WTO seeks fish, Covid-19 vaccine deals as Ukraine war ignites trade tensions

    Against that backdrop, the ministers will seek to conclude 20 years of negotiations to reduce fishing subsidies, forge a deal on fairer sharing of COVID-19 vaccines, push agricultural trade reform and set a path for reform of the WTO. Dmitry Grozoubinski, director of the Geneva Trade Platform, said there was a sense that the meeting, dubbed MC12, was "a little bit cursed".

    Sunil Mittal becomes honorary chairman of International Chamber of Commerce

    Mittal, who is being replaced by Unilever Chief Executive Paui Polman, will step down as the International Chamber of Commerce (ICC) chair on July 21, 2018, Bharti Enterprises in a statement Thursday said.

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