The World Trade Organization and America

The judgments of the World Trade Organization are being biased about the American people. After the World War II, America is on its peak of success.

They were able to defeat the axis power of Italy, Japan and Germany. They also created a new globalization in order to unite against Communism that is a threat to democracy. The United States created ties with allies—World Bank, NATO, Bretton Woods Institutions and the International Monetary Fund are born. Along with these, the International Trade Organization and General Agreement on Tariffs and Trade came.
In 1995, after the debate that took almost a decade, the World Trade Organization has been created whose function is to oversee the global trades and serve as an organization for negotiation and for the judiciary body that serves as a ruling body over the disputes of trade.

Gulf expat workers’s remittance $100 billion

rted that expatriates in the Gulf Cooperation Council (GCC) have turned $ 100 billion to their home countries in 2014, which is twice the amount that transformed it in 2010.

The director of economic studies at the Foundation “Center” Kuwaiti Finance Raghu Mandagaoutur The total fund transfers to their countries of expatriates in the Gulf continues to increase.

The total funds transferred about 6.2% of the GDP of the Gulf states combined, according to the study, a significantly high figure compared to the value of foreign remittances in the United States (0.7% of the total gross domestic product) and Britain (0.8%).