WTO rich balk as poor demand more
 

A WTO development package that aims to boost trade in developing nations by providing duty-free, quota-free access to imports has drawn fire from poor countries.

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UN launches $500 m swift relief fund
 

THE U.N. General Assembly approved the establishment of a new $500 million emergency fund aimed at providing swift relief following natural disasters. The new Central Emergency Response Fund is 10 times larger than an existing standby relief fund of $50 million.

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