-The Hindu The WTO Panel reports are a pointer to the U.S. — the once undisputed trade hegemon — turning away from free trade and moving toward growing protectionism In a significant development in international trade law, four separate World Trade Organization (WTO) Panel reports have ruled that the Tariffs of 25% and 10% on steel and aluminium, respectively, that the United States (U.S.) had imposed during the presidency of Donald Trump...

-The Telegraph Can stability be achieved by sacrificing growth? Has the macroeconomic configuration turned binary? With inflation occupying centre stage, the choice seems fast splitting between stability and growth. Can the former be secured without compromising the latter? That’s the worry with policies swinging to address price, exchange rate and external stability. This is not to say that growth has receded to secondary position. But as interest rates harden and fiscal policy...

-NDTV.com The electricity workers are protesting against the privatisation of the electricity department. Chandigarh: Large parts of Chandigarh have been left without electricity and water for over 36 hours after a major power outage following a three-day strike by electricity department workers. Thousands of homes have been without power and water supply since Monday evening and traffic lights are not working in many areas in the city. Government hospitals have rescheduled surgeries. The Chandigarh...

-Newsclick.in It appears the stage is being set to scuttle India and South Africa’s IP waiver proposal with regard to Covid vaccines and technology ahead of the 12th WTO Ministerial this month-end. At various global fora, Big Pharma and rich countries have been steadfastly pushing the focus toward supply-side bottlenecks of vaccines and unequal distribution of doses in a bid to steer the discourse away from the more contentious issue of patents...

-The Tribune A major hurdle to increasing exports is the decades-long neglect of export market infrastructure, which doesn’t meet the importing countries’ standards in terms of quality, quantity and other attributes such as food safety norms. India lacks an export-oriented strategy for agricultural commodities to establish itself as a regular supplier to international markets due to ad hoc measures such as a ban on exports or increase in Tariffs off and...