WTO: Not With a Bang But With a Whimper

Published July 26, 2006

When word emerged on Monday morning that high-level talks at the World Trade Organization had collapsed, the New York and Toronto Stock Exchanges continued to chug along without the slightest notice.

The markets have long since become inured to the ups and downs of global trade negotiations.

Indeed, when World Trade Ministers inaugurated the so-called Doha Round in November, 2001 they...

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