GFM Network News

El Nino strengthening, to be among biggest on record: WMO

Reading Time: 2 minutes Geneva | Reuters — The El Nino weather pattern, a phenomenon associated with extreme droughts, storms and floods, is expected to strengthen before the end of the year and become one of the strongest on record, the United Nations’ weather agency said Monday. The World Meteorological Organization (WMO) said this El Nino was already “strong […] Read more

This year’s El Nino could be strongest on record

Reading Time: 2 minutes Geneva | Reuters — The current El Nino weather phenomenon is expected to peak between October and January and could turn into one of the strongest on record, experts from the World Meteorological Organization said at a news conference Tuesday. Climate models and experts suggest surface waters in the east-central Pacific Ocean are likely to […] Read more

India notifies WTO of $56B farm support in 2010-11

Reading Time: 2 minutes Geneva | Reuters –– India spent US$56.1 billion on support for farmers in 2010-11, it said in a World Trade Organization filing on Wednesday, a document that will be pored over for evidence that it breached agreed limits on agricultural subsidies. The U.S. and other WTO members have strongly criticized India for being almost a […] Read more

WTO to lower entry bar for poorest countries

Reading Time: 2 minutes The World Trade Organization has agreed new membership standards for the weakest economies, lowering the bar for countries such as Afghanistan, Ethiopia and Sudan to join the global trading club, according to a document seen by Reuters on Wednesday. In the document, which was agreed on June 29 and will be rubber-stamped by the WTO’s […] Read more