International-Trends

Trade friction between the United States and China over everything from cars to chemicals will increase in the coming years as the world's biggest importer and exporter buy and sell more of each other's goods, the World Trade Organization's director general said Thursday.

Britons may be reeling from the international financial crisis, but few are crying into their beer.

So far this year, British shoppers have been in denial - spending more than they did in 2007, in spite of the mounting evidence that their incomes were being squeezed.

Beer sales in British pubs have sunk to the lowest level since the Great Depression of the 1930s and are down seven million pints a day from the height of the market in 1979.

Record levels of inflation are reportedly proving to be an unexpected boon for supermarkets in Singapore.