Amid quarrels over agenda, world trade fall through

Article Abstract:

Negotiations at the global trade talks have broken down because its participants could not agree on the ground rules. Talks at last year's fall summit of the World Trade Organization collapsed because of street protests over farm subsidies and other matters. Other countries are reluctant to deal with the US during an election year. An elected president could lack the authority to approve trade deals without the approval of Congress.

Administration of General Economic Programs, World, Multilateral Trade Negotiations, Trade negotiations

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Farmers' tough row to hoe

Article Abstract:

The slump that has been experiencing by the $90-billion US farm sector is actually an export crisis. The problem is partly attributed to the financial crisis in Asia as the US farm shipments to the region in 1998 dropped 27% versus the 14% reduction worldwide. Prices of Arkansas rice and Iowa soybeans are adversely affected by the planting decisions by farmers in southern Brazil.

United States, Crop Production, Farms

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