NEWS
October 15, 2001 | From Times staff and wire reports
Vehicle and airplane pollution from developing countries will match the developed world's by 2015, hindering efforts to curb smog and global warming, a group that includes six of the world's 10 largest companies said. The amount of energy that developing nations use for transportation will more than double to the equivalent of 23 million barrels of oil a day by 2015 as compared with 11 million barrels in 1999, said a report from the World Business Council for Sustainable Development.
BUSINESS
November 1, 2001 | By WARREN VIETH, TIMES STAFF WRITER
Poor countries are getting caught in the undertow of the global economic downturn, and their interests should be put first when trade ministers begin rewriting the rules of world commerce, the World Bank said Wednesday. In its annual report on the outlook for developing countries, the World Bank said another round of trade liberalization, if done correctly, would have a huge payoff for the world's small, struggling economies.