The standards ensuring the safety of our food, medicines and cars, the energy and climate policies needed to save our planet, and the financial regulations designed to prevent banks from creating another crisis all involve decisions that should be made in open, democratic venues.
Emerging-market stocks fell for a second day as Chinese coal producers dropped and investors weighed the timing of a reduction in Federal Reserve stimulus. The Philippine peso rose from a three-month low.
World Bank President Jim Yong Kim said risks to developing nations as the Federal Reserve slows its bond buying will be reduced by clear communication about the exit and offset by a faster U.S. economic expansion.
United Nations climate envoys must start coordinating data on how carbon markets cut greenhouse gases, or risk undermining investment in clean technologies, according to the Centre for European Policy Studies.
The Obama administration lauded an agreement on trade rules struck by the World Trade Organization, while analysts said the deal may do more to salvage broader WTO talks than solve food shortages and help global commerce.
The first major agreement to update global trade rules in two decades moved nearer after the U.S. and India bridged differences over agriculture subsidies and food security, people familiar with the negotiations said.
Spotify Ltd., the music streaming company, plans to offer a free advertising-supported service for mobile devices in the U.S. and other countries, according to three people with knowledge of the situation.
In speeches, press briefings and published commentaries, proponents of global free markets are proclaiming that a really big deal is on the table this week at the World Trade Organization meeting in Bali, Indonesia.