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WTO: Trade In A Global Age
The third ministerial conference of the World Trade Organization convened last week in Seattle, Washington, under the auspices of US President Bill Clinton. A wide range of topics were to be debated among the 135 members, surrounded by 50,000 demonstrators who see the WTO as the embodiment of globalization along with its
destructive impact on humanity. Demonstrators condemned WTO's trade policies, which in their perception encourages child labor, damages the environment, endangers the world's food supply and causes uneven distribution of global wealth.

Syria: Economic Isolation By Choice

Nabil Sukkar, the head of the Syrian Consulting Bureau lamented the plight of Syrian Economy. Mr. Sukkar's comments manifested Syria's failure to live up to challenges facing it on both regional and international levels. Although Syria is striving to advance its position in the region on a political scale, it is slowly pushing for economic improvement. Syria's main barrier on the path of economic reform is the lack of a clear economic plan. Although Syria's leadership has vowed time and again to follow market-oriented economic reform, it has yet to convert its pledges into tangible, decisive steps.


ECONOMIC AND BUSINESS NEWS

Syria In Throes Of Severe Water Shortage
Saudi Bourse Drops On Profit-Taking, Oil Price Drops
Kazakhstan Expects Foreign Investment To Drop In 1999
Lebanese Banks Performing Satisfactorily Despite Shaky    Economy
Greece And Turkey Tweak Accords Ahead Of Helsinki    Summit
India Passes Bill To Open Insurance Sector Amid Protest


Economics Archive

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