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The failure of global trade negotiations would be mitigated by an encompassing regional achievement.
The failure of global summits on the environment make it plain that our politics are subject to technology and finance.
And then there was the simple and shameful failure of global donors to meet their promises to deliver money and aid.
Citing the failure of global trade talks, of the growing rift between the United States and Brazil as well as "China bashing" in Congress, Mr. Bergsten said there was a "dire need for some creative U.S. leadership in trade".
In Europe, economic crisis has thrown up a political paradox: in the wake of the most spectacular failure of global markets since the 1930s, electorates have turned to the right rather than the left.
The failure of global trade talks in Seattle late last year emboldened a coalition of labor, environmental and consumer groups that now want to derail or at least delay trade liberalization with China.
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A special session of the United Nations general assembly convening this week will debate the few successes and many failures of global drug policy.
These are the market failures of global proportions.
NEW YORK TIMES From MF Global Bankruptcy, a Shadow on the Fed | The failure of MF Global comes as a harsh reminder that the institutions authorized to do business directly with the Federal Reserve — the so-called primary dealers — are not infallible, Reuters writes.
The first term government, elected with such optimism, had been side-swiped by the global financial crisis, the parliamentary defeat of the emissions trading scheme and the failure of the global climate talks in Copenhagen.
At the same time, they are also the Achilles' heel [42] of the global economic system in the sense that their failure would trigger the spreading of a worldwide crisis, leading to an almost complete failure of the global economic system.
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CEO of Professional Science Editing for Scientists @ prosciediting.com