Vancouver Sun – Prime Minister Stephen Harper won a key commitment for Canada at the G20 summit, getting world leaders to agree to extend for 12 months a pledge not to raise new trade barriers.

“The biggest single thing that could turn this recession into a very long, extended depression would be global protectionism,” Harper said in a television interview Wednesday. “In our recent budget in Canada, we actually lowered tariffs on imported machinery and equipment. It’s important that we start to see some initiatives push in the other direction, to push towards trade liberalization.”

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Tags: 12 months, budget, canada, depression, g20 summit, initiatives, pledge, prime minister stephen harper, protectionism, recession, single thing, stephen harper, tariffs, television interview, trade barriers, trade liberalization, vancouver-sun, world leaders

Bloomberg – Atlantis Investment Management Ltd., a London-based firm that oversees $1.8 billion, is seeking unitholders’ approval to liquidate the China Fortune Fund from which redemptions have been frozen since October.

China Fortune Fund unitholders may choose to exchange their shares of the liquid assets for units in a new fund or withdraw their money, Liu Yang, manager of the fund, said in a Bloomberg Television interview today. Liquid assets held by the Atlantis China Fortune Fund would be transferred to the proposed new vehicle called Atlantis New China Fortune Fund, according to a document sent to investors and obtained by Bloomberg News.

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Tags: atlantis, bloomberg television, china, fortune, investment management ltd, investors, liquid assets, liu yang, london, money, redemptions, television interview