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/ 8 February 2010
The euro and growth-linked currencies fell on Monday as investors unwound risky trades amid growing worries about eurozone’s debt problems.
Marathon talks for a global trade deal collapsed on Tuesday after a clash over agriculture between the US and emerging heavyweights.
Urgent talks to salvage a global trade deal made ”some progress” on Thursday, ministers said, but officials warned the mood was dark.
G8 nations said on Tuesday they would work towards a target of at least halving greenhouse gas emissions by 2050 with other participants in UN talks.
European biodiesel producers said they were asking Brussels on Friday to impose punitive import duties on United States biodiesel but their US rivals said they would hit back with a complaint of their own. The trade in biofuels has surged due to growing demand for alternatives to fossil fuels as a way to cut greenhouse gas emissions.
Fringed by dark hills of coal waste and long-shuttered collieries, Belgium’s first national park might seem a humble contender for the role of global model for conservation and economic regeneration. The pine woods and heather meadows of the Hoge Kempen Park in north-eastern Belgium sit on a small plateau above criss-crossing motorways and cooling towers.
European Union and Chinese trade officials have agreed on a new way to handle Chinese textile exports to the bloc when quotas expire on December 31. Officials said the plan might help improve cooperation between the EU and China over the Asian economic powerhouse’s snowballing trade surplus with the 27-nation bloc.
Last ditch talks to keep hopes alive of a global free deal faced a deepening crisis on Monday after trading powers failed to achieve a breakthrough at a marathon first session, diplomats said. The so-called G6 — Australia, Brazil, India, Japan, the European Union and the United States — must reach agreement on how to boost trade in farm and industrial goods.