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Old 07-26-2008, 10:04 AM
Gurmastak Singh's Avatar
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Default Economy - Friday (Investor's Business Daily)

Investor's Business Daily - In a turnaround from a week of deadlock, the U.S. and 6 other key nations began to talk about possible success at the World Trade Organization talks. Officials said progress has been made on trade for both agriculture and industrial goods between developed nations and emerging economies. It includes a further cut to the cap on U.S. farm subsidies, a source said. WTO's chief had voiced concerns earlier Fri. that the long-running Doha round may collapse. An anti-trade Congress would have to approve any deal.

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