Not quite cricket?
The so-called "Bali Agreement" was poised to become the most important trade pact in decades, and according to some economists, had the potential to boost global growth by as much as $1 trillion. The deal collapsed at the eleventh hour midweek after India demanded concessions allowing it to stockpile agricultural supplies (effectively subsidizing its domestic industry). Diplomats were "flabbergasted" by New Delhi's stance, according to Reuters.