WTO overcomes last minute hitch to clinch key dealThe World Trade Organization (WTO) reached its first-ever trade reform deal on Saturday to the roar of approval from nearly 160 ministers who had gathered on the Indonesian island of Bali to decide on the make-or-break agreement that could add $ More… |
Bleak outlook for WTO deal as rift widensDivisions over food subsidies widened among members of the World Trade Organization (WTO) on Thursday, making it unlikely a landmark trade deal could be reached with just a day left to the end of talks. After 12 years of fruitless More… |
Bahrain allocates $174m for food subsidiesBahrain’s meat, poultry and flour industries will receive BD67 million ($174.4 million) in government subsidies this year, up from BD56 million in 2011, a report said. The government has also earmarked BD67 million to contin More… |
Bahrain spends $1.3bn on subsidiesBahrain spends 500 million dinars ($1.33 billion) a year on subsidies for food and fuel in an effort to offset inflation, Bahrain's prime minister said. Gulf Arab states should cooperate to secure food supplies, Bahrain's state news agency More… |