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trade

Iran shrugs off latest U.S. sanctions, trade suffers

Iran castigated its U.S. adversary on Tuesday over new financial measures to disrupt Iranian commerce, and a default on payment for rice purchases highlighted the encroachment of sanctions on the staples of everyday life.

EU lawmakers back open markets for Palestinian goods

The EU moved closer to a trade deal with the Palestinian Authority on Wednesday after unanimous backing from European lawmakers to fully open markets to farm and fish products from the West Bank and Gaza Strip.

Bringing Shalit home

One of the most ironic obstacles to peace in the Middle East is what I call the Jewish disease of “ifonlyitis.” This is the school of thought that says “if only” Israel would do this, or “if only” Israel would do that, then we finally might resolve the conflict. I suffer from the syndrome myself, and for that I blame my mother. She convinced me from a very young age that “if only” I put my mind to something, there’s nothing I can’t do.

Israel, South America start trade agreement

A pioneering free-trade agreement between Israel and a bloc of South American countries began operating.\n\nIsrael is the first country outside South America to sign such agreement with Mercosur, a regional bloc that includes Argentina, Brazil, Paraguay and Uruguay, and produces over $3 trillion in Gross Domestic Product. With the agreement, which came into effect Sunday, bilateral trade is expected to increase threefold in the next five years.

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