subsidies

BRUSSELS – The European Union has launched its first ever challenge against Britain at the World Trade Organization over its former member’s green subsidy scheme. The European Commission, which oversees …

SINGAPORE – Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs. Here are the measures announced: …

By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s economy minister backs a proposal to expand cooking gas subsidies for low-income families in response to soaring crude prices during the …