Not so Sweet The WTO last month sided with Australia, Brazil, and Guatemala that India’s sugar subsidies were distorting and illegal. India has appealed the ruling knowing that the WTO’s Appellate Panel is non-functioning, thus putting the case in limbo. However, Brazil intends to retaliate anyways, which could be challenged by New Delhi, then go to appeal by Brasilia, and thus ending in its own limbo with India’s subsidies plus Brazil's retaliation both intact.
Green Finance Gary Gensler is the former chair of the Commodity Futures Trading Commission and now chairs the Securities and Exchange Commission. He is expected to impose a new requirement that publicly traded companies must quantify and report on...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...