Vietnam Dismisses Taiwanese Charges on Chinese Goods

A Vietnamese trade representative to Taipei rebutted the allegations of dried day lily from China being routed through his country to bypass Taiwanese restrictions on Chinese agricultural products. His reaction came after the Taiwanese opposition, the Democratic Progressive Party (DPP) accused that dried day lilies arriving at Taiwan markets from Vietnam were from China as [...]

GCC Becomes the Largest Food Importer

According to the World Trade Organisation (WTO), the GCC is the biggest importer of food in the world by buying more than 90 percent of its total needs. The GCC’s very high reliance on external food sources virtually pushes 36mn people of the region at the mercy of global price fluctuations.
The food imports have considerably [...]

UK Staple Food Shifts to French, Indian and Mexican Ones

The British bread that donned the role of ubiquitous easy-carry meal to an industrialized world is giving way to a variety of food items like the French croissants, the Indian Chapattis and the Mexican tortillas, according to a recent study. A leading custom research agency, TNS in its latest data reported that the 2009 sales [...]

El Nino Impact – Rice Prices to Skyrocket

Based on the last month’s report on El Nino by the US Climate Prediction Center, the global rice production as well as other food products will be drastically impacted by the ongoing climatic phenomenon. El Nino, characterized by a warming of the equatorial Pacific, brings increased rain to the South American region and drought or [...]

China Acts by welcoming More Indian Goods

The Chinese Premier Wen Jiabao gave assurance to the visiting Indian Commerce and Industry Minister Anand Sharma that his country would do everything to iron out trade imbalances with India. New Delhi had been complaining about the trade deficit for the past few years as its largest trading partner’s exports recorded lopsided growth after years [...]

What to Eat – Farmed or Wild Salmon – Debate Rages on

It is a well known fact that salmon is the most sought after fish for its delicacy status and health benefits. Consequently, salmon is also the most farm-raised fish with its high demand and lucrative business potential.
But a recent response to a health query in the CNN website had irked the salmon producing community as [...]

Chavez Devaluation Missile Ravages French Retail Chain

Exito, a joint French-Colombian supermarket chain, has fallen prey to this month’s Venezuelan currency devaluation policy, which warned action against any firm that involved in speculative price hikes. President Hugo Chavez on Sunday has ordered to begin the expropriation process of the retail chain, accusing it for breaching price control laws of the country.
With this [...]

Business Connivance Virus – In 90s Tobacco and Now H1N1

According to a study, what the world is hearing from the H1N1 space about the false pandemic alarm and the WHO staff’s collusion with pharma powerhouse are just what happened in the 1990’s at the behest of a tobacco giant in evolving the European policies. Academics at the University of Bath and University of Edinburgh [...]

Somali Piracy Ransoms Alleged on Kenyan Realty Boom

A sudden surge in property prices in Nairobi, the Kenyan capital, has invited the wrath of general public alleging the piracy booty from Somalia is meddling with the realty market to make them beyond the reach of common man. The recent protest has called for a thorough investigation by the government to unearth the source [...]

Developing Nations barring China Joint Hands to Cut Tariff

The trade representatives from 22 nations of developing and emerging economies at the sidelines of the three-day WTO ministerial meet have signed an accord to reduce industrial tariffs. According to the deal, the signatories have agreed to cut tariffs at least 20 percent on a minimum 70 percent of goods.
The lack of topics beyond the [...]

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