Doha, High Prices and Ethanol
Doha
Alan Beattie, writing yesterday at the Financial Times Online, reported that, “The head of the World Trade Organisation has called a meeting of ministers for late July in a high-risk attempt to rescue the beleaguered Doha round of global trade talks.”
Mr. Beattie explained that, “Gordon Brown, the UK prime minister, said: ‘I believe this is the endgame for the trade talks … I think we are in touching distance.’
“But some trade officials warned that large negotiating gaps remained between the leading countries and said Mr Lamy’s decision to call a meeting was a gamble that could lead to a high-profile implosion.”
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