Doha Cover-Up
James Ledbetter:
Most major financial papers and Web sites lead with the collapse of the Doha round of global trade talks, a seven-year tragedy of errors in which the convergent agendas of developed and developing worlds have become starkly drawn. In times of soaring food prices, the United States and Europe are bound to cling to free trade as a solution as fiercely as China, Brazil, and India cling to tariffs. Thus, the papers find plenty of blame to go around; the Financial Times quotes European trade minister Peter Mandelson faulting American agricultural expansion by Congress this spring as " 'one of the most reactionary farm bills in the history of the U.S.', though he did give credit to President George W. Bush for attempting to veto the bill."
Perhaps unsurprisingly, the American papers did not include that quote.
Most major financial papers and Web sites lead with the collapse of the Doha round of global trade talks, a seven-year tragedy of errors in which the convergent agendas of developed and developing worlds have become starkly drawn. In times of soaring food prices, the United States and Europe are bound to cling to free trade as a solution as fiercely as China, Brazil, and India cling to tariffs. Thus, the papers find plenty of blame to go around; the Financial Times quotes European trade minister Peter Mandelson faulting American agricultural expansion by Congress this spring as " 'one of the most reactionary farm bills in the history of the U.S.', though he did give credit to President George W. Bush for attempting to veto the bill."
Perhaps unsurprisingly, the American papers did not include that quote.
posted by hellisotherpeople at 9:53 PM
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