New Farm Powers Sow the Seeds Of America's Agricultural Woes

On a vast, windy plain, a farmer swells with optimism as he surveys a carpet of wheat stretching toward the horizon. Bankers are throwing money at him to reap bigger harvests. Grain traders are elbowing their way to his front door, eager to export his wheat. Last year, he marvels, "they sold it to the Arab Emirates."

Gm Planning To Double Car Production

Leading global automaker General Motors (GM) yesterday unveiled plans to more than double its production capacity in China over the next three years. GM said it will invest more than US $ 3 billion in its China-based joint ventures, with the cash mainly coming from profits generated by these ventures, lifting its total investment in China to US $ 5 billion.

Fruit Production Could Assume European Norms

The National Metrology Institute (Inmetro) wants to make its seal of Integrated Fruit Production (PIF) adequate to the demands of Europe Gap, a voluntary quality certification adopted by European supermarkets. The Brazilian proposal, which foresees the equalization of the analyses systems, should be sent to the evaluating committee by October.

Wal-Mart's U.S. Expansion Has Benefited From More Than $1 Billion In Economic Development Subsidies

Washington, DC, May 24, 2004--Wal-Mart Stores Inc., the world's largest retailer, has benefited from more than $1 billion in economic development subsidies from state and local governments across the United States, according to a new study by Good Jobs First, a Washington, DC-based research group (the study, SHOPPING FOR SUBSIDIES, is available online at