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WEF Foes Won""t Nix Violence in N.Y.

The Washington Times | January 16, 2002 | Betsy Pisik; THE WASHINGTON TIMES NEW YORK - Anti-globalization protesters, who have shied from the spotlight in the months after September 11, plan to return in force with a massive display of resistance at a meeting of the World Economic Forum (WEF) here in two weeks.

Bush Wants to Avoid Trade War

Associated Press | January 16, 2002 | By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON - The Bush administration left all options open on Tuesday on how it plans to proceed following the country's biggest defeat before the World Trade Organization, a ruling could set the stage for $4 billion in retaliatory tariffs against U.S. exports to Europe.

Cargill Reports 34% Increase in Second Quarter 2002

Cargill Press Release | January 15, 2002 MINNEAPOLIS, MN--Cargill today, January 15, reported $234 million in earnings for the second quarter ended Nov. 30, up 34% from $174 million earned in the same period a year ago. Earnings for the first six months of fiscal 2002 totaled $522 million, a 51% increase from the $346 million net income reported in last year's first half.

US Farm Subsidy Package to Hurt Global Producers: Study

Asia Pulse | January 15, 2002 340 billion S175.47 billion) subsidy package for farmers in the United States would depress world agricultural prices and hurt Australian producers, according to new study by the Australian Bureau of Agricultural and Resource Economics (ABARE).

Farmers in Argentina Feel a Chill from Devaluation

Wall Street Journal | January 15, 2002 | By MARC LIFSHER, Staff Reporter of THE WALL STREET JOURNAL BUENOS AIRES -- Agriculture, which generates half of Argentina's exports, should be a big winner of last week's devaluation of the nation's currency. But try telling that to the farmers.

WTO Appeals Panel Rules against U.S.

Associated Press | By Paul Geitner, AP Business Writer | January 14, 2002 BRUSSELS, Belgium -- A World Trade Organization appeals panel ruled Monday against a U.S. law granting multibillion-dollar tax breaks to businesses operating overseas. The case, brought by the European Union, is by far the largest the United States has ever lost before the WTO.

$4bn US Subsidies Incur WTO""s Wrath

The Guardian (London) | January 14, 2002 | Charlotte Denny, economics correspondent Transatlantic trade relations will take a step closer full scale war today when the World Trade Organisation is expected to confirm that a $4bn (2.7bn) export subsidy programme for some of America's best known companies violates global trade rules.

U.S. May Face EU Trade Sanctions

Europe's steelmakers press for punishment in other markets MSNBC | Wall Street Journal | January 11, 2002 | By Geoff Winestock BRUSSELS - European steelmakers are pressing the European Union to threaten to use as much as $4 billion in trade sanctions - from a nonsteel trade dispute - to convince the U.S. to abandon plans to protect its steel industry.