Tag: World Trade Organization

  • What happened to globalization?

    What happened to globalization?

    China, a venerable empire with centuries of rich history and culture, was thrown into turmoil by the Opium War with Britain (1839-1842 and 1856-1860). The conflict was sparked by Britain's desire to balance its trade deficit with China, which led to the British monarchy's roganist illegal opium smuggling and led to widespread addiction among the…

  • USA, Lithuania in talks aimed at China

    USA, Lithuania in talks aimed at China

    Washington – In March 1990, Lithuania became the first republic to break away from the Soviet Union by declaring itself an independent state, a decision applauded by the White House. Thirty-three years later, this Baltic country of about 2.7 million people is making bold moves to counter China, the rising global power of the century,…

  • China uses courts to capture Western technology

    China uses courts to capture Western technology

    Washington [US]Feb 27 (ANI): Amid growing conflict with the US, China is using its courts and patent panels to undermine foreign intellectual property rights and help Chinese companies, particularly in technology, pharmaceuticals and rare earths, US and EU officials say, The Wall Street Journal reported . China is leaning on a range of levers to…

  • The EU called for increased spending to compete with the US

    The EU called for increased spending to compete with the US

    Leaders of the bloc will meet next month to discuss possible responses to what they see as unfair measures Germany and France have called on the EU to increase support for domestic industry and unleash massive investment to avoid falling behind US companies in light of the US Inflation Reduction Act (IRA), which they say…

  • Pfizer, BioNTech not sure about vaccine effectiveness in new COVID version “Omicron”

    Pfizer, BioNTech not sure about vaccine effectiveness in new COVID version “Omicron”

    The companies also promised to develop a new variant of the vaccine against it in about 100 days, Sputnik reports. This followed the announcement by the World Health Organization (WHO) that it had identified a new strain of COVID-19, strain B.1.1.529, which was originally found in South Africa. The WHO named the variant with the…

  • Linde: Relations with the United States will improve

    Linde: Relations with the United States will improve

    Reactions are pouring in for Democrat Joe Biden to win the US presidential election. Foreign Minister Ann Linde believes that the result will benefit relations between Sweden and the United States. – It is nice that we have received a result after so long after the election itself. Of course, I am very happy that…