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WTO Warns Global Trade Will Shrink Again In 2012

WTO trade map
Trade growth is expected to slow for a second year in 2012 amid severe downside risks that could push it even further below the 20-year average of 5.4 percent, the Geneva-based body forecast Thursday.
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Wall Street Up On Euro Zone Yields, Earnings Bets

Stocks edged higher in early trading on Thursday as concerns about rising yields in some euro zone countries eased and on bets corporate America will beat a lowered bar of earnings expectations.
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US Trade Deficit Plunged To $46 Billion In February

The U.S. trade deficit narrowed unexpectedly in February as exports hit a record high, imports from China and other key suppliers declined and oil import volume fell to the lowest in 15 years, a government report showed on Thursday.
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India, China Headed for Asbestos Catastrophe: Experts

India and China are headed for an absolute catastrophe of death and disease because of likely massive jump in asbestos-related diseases in the coming decades, says a report written by Pulitzer winning journalist Gary Cohn.
Source: Pew Charitable Trusts

US Reclaims Top Rank From China In Clean Energy Investments

The US reclaimed the top position as the biggest investor in clean energy last year, with clean energy finance and investment witnessing a growth $48 billion, a 42 percent increase over 2010, according to a global rank list published in a report by the Pew Charitable Trusts.
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China growth seen slower in 2012, recovery mild: World Bank

The World Bank cut its forecast for China's 2012 economic growth to 8.2 percent on Thursday and said a rebound might not begin before the third quarter of the year as slack foreign demand and a government-induced real estate slowdown restrain a recovery.
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North Korea: The Starving Nation That Can Launch Satellites

North Korea is poised to launch its first satellite into orbit; the U.S. says it is a missile test in disguise. And tensions in northeast Asia are high as the North, an impoverished but nuclear-armed nation, engages in saber-rattling ahead of the launch.
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China Web giants promise to fight rumors: Xinhua

Three of China's largest Internet companies have promised the government they will take steps to banish online rumors, state media said on Tuesday, as the ruling Communist Party fights jitters over a tricky leadership transition.

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