Fair Trade Proving Anything But in Growing $6 Billion Market

(Updates with link to Fairtrade statement in 12th paragraph.) Dec. 23 (Bloomberg) — In a coffee-scented conference room near Lake Geneva, Ramon Esteve, a sixth-generation commodities trader, sits amid his father’s collection of centuries-old grinders and explains why he’s helping impoverished farmers grow more coffee, cotton and cocoa. He’s embracing a goal, first laid out [...]

Written on December 26, 2011 | Posted in News

Brazil Urges WTO to Take Action on Currency Fluctuations

Sept. 19 (Bloomberg) — Brazil is urging the World Trade Organization to allow its members to protect their industries from trade imbalances prompted by currency fluctuations. The foreign ministry said global rules protecting against unfair trade practices date from when most exchange rates were fixed. Mechanisms including anti-dumping and safeguard mechanisms, as well as retaliation [...]

Written on September 21, 2011 | Posted in News