WTO Goes Bananas



On the next episode of Gilligan's Island, Pascal Lamy head of the WTO, invents the banana battery.

End to WTO "banana wars" days away -Reuters
A deal to end the world's longest-running trade dispute over import tariffs on bananas is virtually complete, but a final agreement may not be reached until next week, diplomats involved in the talks said on Friday.

Caribbean countries say their economies will be devastated by a deal they see as inevitable. Banana exports are the mainstay of their economies and adjusting to the loss of markets is already hurting producers and communities on the islands.