July 31, 2004
WAS THAT A PIG THAT JUST FLEW OVERHEAD...?:
Historic WTO Trade Pact Just a Gavel Away (Richard Waddington and Patrick Lannin, 7/31/04, Reuters)
Rich and poor nations were set for a historic deal Saturday to slash billions of dollars in farm subsidies, create more open industrial markets and put troubled global commerce negotiations back on track.Although the accord must still be formally approved by the World Trade Organization's 147-members at a session due to start at 4 p.m. EDT, top negotiators from both North and South said that they had finished their work and the hard days of wrangling were over.
...or just a falling pork belly price? Posted by Orrin Judd at July 31, 2004 5:58 PM
Slashing billions in farm subsidies seems like a MOST excellent idea.
Not only does it provide a more rational environment for the agricultural industry, it will boost third world GNPs, saving the advanced nations money they'd have spent on relief efforts.
A win for everyone except French farmers and American dairypersons.
What does the Prince of Porkula, Senator Byrd, have to say about this?
Posted by: genecis at July 31, 2004 8:09 PMOf course Bush, he of the steel tariffs, had nothing to do with this. (sarcasm off)
Posted by: AWW at August 1, 2004 12:39 AM