YUAN VS DOLLAR: BATTLE FOR INTERNATIONAL HEGEMONY

Clearly in the world are happening political, economic and social changes, so from this blog we want to give the reader an idea of how this metamorphosis affects international trade, but above all, we want to provide information so as to form with realities implicit in the day and usually we are not able to see. In this article we express our personal opinion about what some developing countries should do to be definitely developed based on commercial export potential from its wealth of natural resources which must be increasingly transformed into finished products.

THE WTO IS MEETING TO PUSH FOR TRADE AS A GOAL OF SUSTAINABLE DEVELOPMENT

This week in Geneva has begun a new meeting scheduled by the WTO aimed at push the role of trade in the future objectives of sustainable development. The head of the WTO, Roberto Azevedo delivered his speech in which among other things highlighted the central role trade has played to lift millions of people out of poverty in recent years and would start working for the trade to be recognized in the current discussions on the post- 2015 development agenda.

ACCORDING TO WTO LEAST DEVELOPED HIT MORE SEVERELY BY GLOBAL SLOWDOWN

The Director General, Roberto Azevêdo, explained a few days ago in his conference about that least develouped countries grew below the average for previous years 2012 and 2013. However, they may continue to benefit from the upturn in European economy, since much of its exports go to this continent. The first thing he mentioned in his conference was that years have been very hard for the growth of world trade.

THE RISKS POSED BY EMERGING COUNTRIES

In these last days begin to appear data on major emerging economies, and there are visible imbalances in some of them. The ghosts of the recent crisis that has suffered internationally do not totally disappear and come back on new alarms. Meanwhile, developed countries play the role of disinterest or are busy in their own affairs, when they should maintain a primary care to meet the unknown yet how events unfold in the new international scenario approaches.