Brazil at the weekend claimed victory in its latest assault on US cotton subsidies at the World Trade Organization (WTO), underscoring warnings by the Bush administration that the subsidy-laden farm bill under consideration by the US Congress risks triggering a wave of trade disputes. Brazil said a confidential interim ruling by a WTO panel had gone in its favor. In other news, police found seven dead bodies Aug. 1 who they believe are victims of a gangland war that has flared anew in violence-plagued Rio de Janeiro after weeks of calm during the Pan American Games. The games were guarded by thousands of additional police and troopers from a paramilitary national security force. (Financial Times, Reuters)
Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).
