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No monologues allowed and dancing to 'I Will Survive': how the WTO's 'Geneva Package' was won - Vimarsana News

No monologues allowed and dancing to 'I Will Survive': how the WTO's 'Geneva Package' was won

By Emma Farge GENEVA (Reuters) - Since Ngozi Okonjo-Iweala took over as head of the World Trade Organization last year, one of her main bugbears has been the negotiating style of member countries, which she says is ineffective, inflexible and needs to change. The WTO, a global organisation that regulates international trade, is often accused of being outdated and unproductive, criticisms Okonjo-Iweala has sought to address directly since taking the helm as its director-general. You have to talk to each other. And that means there has to be compromise; no one side will get 100 % of what they wa...

Trafigura posts record half-year profit as commodities volatility intensifies - Vimarsana News

Trafigura posts record half-year profit as commodities volatility intensifies

One of the world’s biggest traders says fallout from the war in Ukraine has also created strains.

Ukraine's Zelenskiy eyes 'inflection point' in war as Russia tightens grip on key target - Vimarsana News

Ukraine's Zelenskiy eyes 'inflection point' in war as Russia tightens grip on key target

By Pavel Polityuk and Max Hunder KYIV (Reuters) - Russia tightened its grip on a key target in a battle for control of Ukraine's eastern Donbas region while President Volodymir Zelenskiy pleaded for more Western arms to help Ukraine reach an inflection point and prevail in the war. Zelenskiy told Luxembourg's parliament via videolink on Thursday that Russian forces now occupied about a fifth Ukrainian territory, with battle lines stretching more than 1,000 km (620 miles). As the invasion approaches its 100th day on Friday, Russia says Washington is adding fuel to the fire with a new $700 milli...

Is Switzerland doing enough to freeze Russian assets? - Vimarsana News

Is Switzerland doing enough to freeze Russian assets?

Untangling the main areas of contention surrounding Swiss efforts to track down and freeze the assets of sanctioned Russians.

World Bank to finance four projects worth $495 million in Senegal - Vimarsana News

World Bank to finance four projects worth $495 million in Senegal

DAKAR (Reuters) - The World Bank said on Tuesday it has signed deals to finance four projects in Senegal worth a total of $495 million to help improve education, electricity, economic development and road access to rural areas. The West African nation of around 16.7 million, considered lower-middle-income by the World Bank, was hit hard by border closures during the pandemic that affected tourism and delayed oil and gas extractions. Most of the coastal country was struggling with unemployment even before the coronavirus hit, with jobs and industries concentrated in the capital Dakar and a few ...