By Nidal al-Mughrabi and Ori Lewis GAZA/JERUSALEM (Reuters) - A three-day ceasefire between Israel and Palestinian militant groups in the Gaza Strip went into effect on Friday, and negotiators were due to travel to Cairo to discuss a longer-term solution. The truce was announced in a joint statement released by U.S. Secretary of State John Kerry and U.N. Secretary-General Ban Ki-moon. An official in Prime Minister Benjamin Netanyahu's office said Israel had accepted the U.S./U.N. proposal. A spokesman for Hamas, the Islamist group dominant in Gaza, said all Palestinian factions would abide by the truce.
By Matt Siegel and Tom Miles SYDNEY/GENEVA (Reuters) - Several member states of the World Trade Organisation voiced frustration after India's demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades. WTO ministers had already agreed the global reform of customs procedures known as "trade facilitation" in Bali, Indonesia, last December, but were unable to overcome last minute Indian objections and get it into the WTO rule book by the July 31 deadline. "We have not been able to find a solution that would allow us to bridge that gap," WTO Director-General Roberto Azevedo told trade diplomats in Geneva, just two hours before the final deadline for a deal lapsed at midnight (2200 GMT Thursday). Most diplomats had expected the pact to be rubber-stamped this week, marking a unique success in the WTO's 19-year history which according to some estimates would add $1 trillion and 21 million jobs to the world economy.