Monday, May 26, 2008


International trade is worth $10 million a minute.

70% of global trade is inter-company trade.

Poor countries only account for 0.4 % of global trade. Their share has halved since 1980.

UNfair trade rules cost the developing world $700 billion a year.

Income per person in the poorest countries in Africa has fallen by a quarter in the last 20 years.

The three richest people in the world control more wealth than all 600 million people living in the world.s poorest countries.

Half the world.s population (2.8 billion people) live on less than US$2 per day.

1.1 billion of these live on less than US$1 a day.

Rich countries subsidise their farming enterprises at the cost of US$280 billion a year

Every cow in Europe is subsidised by US$2 a day.

The prices of many poor countries. key exports are at a 150-year low.

If Africa, East Asia, South Asia, and Latin America each increased their share of world exports by just 1%, the resulting gains could lift 128 million people out of poverty.

If these regions increased their share of world exports by 5%, they would generate US$350 billion -- seven times as much as they receive in aid.

When developing countries export to rich-country markets, they face tariff barriers that are four times higher than those encountered by rich countries. Those barriers cost them $100 billion a year - twice as much as they receive in aid.

The world.s 50 poorest countries have less than 3% of the vote at the International Monetary Fund. Just one country -- the US -- has sole veto power.

At one full meeting of the WTO, the EU had 500 negotiators. Haiti had none.


Stop buying UNfair Coffe/tea/chocolate !!!!

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posted by u2r2h at 3:25 PM


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