Category: WTO – World Trade Organization

OPEC to Cut Output by 2M Barrels a Day; SWIFT Sets Central Bank Digital Currency Plan | NTD Business

OPEC+ announces the largest cut in oil output since the start of the pandemic. Will it drive up gasoline prices? We have analysis. SWIFT, the system that helps banks transfer money worldwide, sets out its plan for a central bank digital currency network. How would the world change if people use the central bank digital currency…


OPEC to Cut Output by 2 Million Barrels a Day; SWIFT Sets Central Bank Digital Currency Plan | NTD Business

OPEC+ announces the largest cut in oil output since the start of the pandemic. Will it drive up gasoline prices? We have analysis. SWIFT, the system that helps banks transfer money worldwide, sets out its plan for a central bank digital currency network. How would the world change if people use the central bank digital currency…


Beijing’s Elite Capture Strategy Was a Success: Peter Schweizer

Peter Schweizer, author of the book “Red-Handed: How American Elites Get Rich Helping China,” said the Chinese Communist Party’s (CCP) entry into the WTO changed the global economic structure in large part because it unleashed the regime’s strategy of gaining control of America’s elite class so they would do Beijing’s bidding. Schweizer calls this strategy…


Russia Suspended From WTO Coordinating Group

The United States and the European Union have announced the suspension of Russia from the Developed Countries Coordination Group at the World Trade Organization (WTO) due to Moscow’s “unprovoked and unjustified” attack against Ukraine. Both the United States and the EU believe that it is “no longer appropriate” to allow Russia to remain part of…


Canada, Russia Join Australian WTO Barley Dispute with China

Canada and Russia will join Australia’s World Trade Organization (WTO) dispute against the Chinese Communist Party (CCP), citing concerns over the wider ramifications a ruling could have on global barley markets. In May, the CCP imposed 80 percent worth of tariffs on Australian barley imports as part of an ongoing investigation into alleged “dumping” of…