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Trade ministers say running against time to save global WTO talks

PARIS (Reuters) - WTO countries have until the end of July to revive moribund global free trade talks in time for a meeting scheduled for December in Bali, top trade officials and ministers said on Thursday, and warned of long-term damage if they fail.Full story

U.S. decries 'hostage-taking' in trade talks, sees hope on IT deal

PARIS (Reuters) - A global agreement to cut red tape in world trade, which could be worth hundreds of billions of dollars to the world economy, is being stymied by some countries' "hostage-taking", a top U.S. trade official said on Wednesday. Full story

Global business group prods WTO to reach customs deal this year

WASHINGTON (Reuters) - An international business group is urging World Trade Organization members to strike a deal to simplify global customs procedures at a trade ministers meeting in Bali in December to prove the WTO is still a force for trade liberalization. Full story

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All safe as Lion Air plane misses Bali runway, lands in sea

U.S. warns WTO global trade talks "hurtling towards irrelevance"

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  Happy ending after Bali plane crash

A passenger jet skidded off the runway into the ocean while attempting to land on the Indonesian resort island of Bali on Saturday, local officials said. NBC’s Annabel Roberts reports.

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Related Photos

A handout file photo shows a Lion Air plane in the water after missing the runway in Denpasar, Bali
File photo shows a Lion Air plane in the water after missing the runway in Denpasar, Bali
A handout picture provided by the Indonesian police, a Lion Air plane is seen in the water after missed the runway in Denpasar, Bali
A handout picture provided by the Indonesian police, a Lion Air plane is seen in the water after missed the runway in Denpasar, Bali

A Lion Air plane is seen in the water after it missed the runway in Denpasar, Bali in this picture provided by the Indonesian police April 13, 2013. REUTERS/Indonesian Police/Handout

TOPSHOTS-INDONESIA-ACCIDENT-AIR
TOPSHOTS-INDONESIA-ACCIDENT-AIR

TOPSHOTSThis handout photo released by the Indonesian Police on April 13, 2013 shows a Lion Air Boeing 737 submerged in the water after skidding off the runaway during landing at Bali's international airport near Denpasar. An Indonesian plane carrying more than 100 passengers broke in two after mis