G-8 leaders fail to revive trade talks

Article Abstract:

The Group of Eight industralized nations were unsuccessful in reviving trade negotiations that would have lowered subsidies for the agricultural sector. The G-8 leaders, convening at their yearly summit in Evian, France, did call for greater optimism among companies and consumers about the world economy.

Foreign trade, World, Industrialized Countries, International trade, Industrial nations, Group of 8, Great powers

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EU subsidy plan suffers blow

Article Abstract:

France and Germany are fighting a European Union plan to revamp agriculture subsidies. The alliance between France and Germany has raised concerns over the chances for world trade negotiations.

Germany, France

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Europe agrees to overhaul subsidies for agriculture

Article Abstract:

The European Union has reached an agreement to revamp its agricultural subisidy system. The EU is hoping that the plan will remove the largest obstacle to worldwide trade negotiations.

Financial management, Administration of General Economic Programs, Grants to Business, Agricultural industry, Subsidies, Company financing, Business assistance

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