Early this Monday morning, word trickled out of Geneva: no deal.
The Doha Round of negotiations on free trade had collapsed. The New York Times reported that it appears unlikely that an agreement will occur in the final two years of the Bush Administration.
While not as big of a story as the ongoing conflict in Lebanon, the failure of the talks was undoubtedly a blow for all involved. And like most multilateral arrangements, there will be finger-pointing all around.