International Trade

Ukraine protests increase risks of currency crisis

Reuters | December 02, 2013 | International Trade

Massive protests against President Viktor Yanukovich have done yet more damage to Ukraine's already-poor investment case, increasing the risk of a currency crisis before an election in early 2015. Read More »

Ukraine’s Yanukovich vetoes EU push to save trade deal

Reuters | December 02, 2013 | International Trade

Ukrainian President Viktor Yanukovich vetoed last-minute attempts by the European Union to rescue a trade deal that could have been signed at a summit and would have signalled a historic shift away from Russia, EU diplomats said. Read More »

EU bans South African citrus imports over disease fears

Reuters | December 02, 2013 | International Trade

The European Union banned most imports of South African citrus fruit or the rest of this year over fears that a fungal disease found in dozens of shipments could spread to the 28-nation bloc. Read More »

Food suppliers look to win Iran contracts after nuclear deal

Reuters | December 02, 2013 | International Trade

After years of difficulty caused by economic sanctions, suppliers are hoping a nuclear deal will make it easier to win lucrative contracts to sell wheat, sugar and other food to Iran. Read More »

Premium Article  Hong Kong’s investment in major capital projects promises growth

George Lauriat | December 02, 2013 | Breakbulk & Projects | International Trade

The construction of the nearly $11 billion, 31-mile long Hong Kong-Zhuhai-Macao Bridge (HZMB) is well underway. The study for building a third runway at Hong Kong International Airport (HKIA) is already in its advanced stages. These projects and others stand to reinforce Hong Kong’s premier position as a hub not only for the China trade but also throughout the Asian basin. Read More »

Premium Article  Port of Mobile looks to benefit from dedicated steel-coil-handling facility

Paul Scott Abbott | December 02, 2013 | Breakbulk & Projects | International Trade | Ports & Terminals

As the Port of Mobile gears up to as much as double its already impressive throughput of rolled steel products, the Alabama State Port Authority is engaged in a public-private partnership for development of a dedicated facility for handling steel coil. Read More »

USW Statement on ArcelorMittal Joint Venture with Nippon and Sumitomo to Acquire ThyssenKrupp Steel

PR Newswire | December 02, 2013 | International Trade

PITTSBURGH, Dec. 2, 2013 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today issued the following statement regarding the acquisition of ThyssenKrupp Steel USA (Alabama) by a joint venture of ArcelorMittal (NYSE:MT), Nippon Steel and Sumitomo Metal Corporation:

Read More »

Premium Article  TTP, TTIP offer huge savings,  trade benefits says top officials, CEOS

Karen Thuermer | December 02, 2013 | International Trade

Point blank: foreign trade agreements are good for U.S. exports. By accomplishing two enormous and high standard trade agreements, the United States would see trade soar and economies benefiting worldwide. Read More »

Bribery and bureaucracy seen as winners if WTO deal dies

Reuters | November 27, 2013 | International Trade

Barring a last-minute deal by ministers next week, the latest round of world trade talks look set to fail, but unlike past liberalization battles, few people are cheering. Read More »

Indonesia starts WTO dispute against Pakistan over paper products

Reuters | November 27, 2013 | International Trade

Indonesia has launched a trade dispute against Pakistan over paper products, the World Trade Organization said. Read More »

As WTO deal teeters, some blame Indian electioneering

Reuters | November 27, 2013 | International Trade

India may hold the key to the credibility of the World Trade Organization and to a trillion-dollar trade deal that apparently was derailed this week, diplomats in Geneva said. Read More »

Ukrainian students join EU rallies, smart phones in hand

Reuters | November 27, 2013 | International Trade

Student Taras Zagorbenskyy jumped on a bus from western Ukraine as soon as he saw on a social networking site that others were gathering in Kiev to protest President Viktor Yanukovich's walking away from a landmark deal with the European Union. Read More »

Poland accuses Kremlin of blackmailing Ukraine

Reuters | November 27, 2013 | International Trade

Polish President Bronislaw Komorowski accused Russia of using a policy of blackmail and pressure on Ukraine to keep it from drawing closer to the European Union. Read More »

The US economy needs an exports-led boost

Reuters | November 27, 2013 | International Trade

A recent visit by President Obama to an Ohio steel mill underscored his promise to create 1 million manufacturing jobs. On the same day, Commerce Secretary Penny Pritzker announced her department's commitment to exports, saying "Trade must become a bigger part of the DNA of our economy." Read More »

EU says won’t suspend data sharing accords with US

Reuters | November 27, 2013 | International Trade

The European Union backed down from threats to suspend agreements granting the United States access to European data, rejecting calls for a tougher stance over alleged U.S. spying. Read More »

Microsoft blocks censorship of Skype in China

Reuters | November 27, 2013 | International Trade

Microsoft Corp. has made it harder to monitor calls and chats over its Skype phone service in China, a freedom of expression advocacy group said, as the Chinese government steps up censorship of the Internet. Read More »

Airbus aims to overtake Boeing fleet in Latin America next year

Reuters | November 27, 2013 | International Trade

Airbus aims to have more airliners operating in Latin America than its U.S. rival Boeing for the first time next year, the European company's top executive in the region said. Read More »

ThyssenKrupp to sell US plant for $1.97 billion

Reuters | November 27, 2013 | International Trade

ThyssenKrupp will sell its U.S. steel plant to a consortium of ArcelorMittal and Nippon Steel & Sumitomo Metal in a deal worth 200 billion yen ($1.97 billion), Japan's Nikkei newspaper reported in its online edition on Tuesday, without citing sources. Read More »

Forest industry welcomes government’s trade strategy

PR Newswire | November 27, 2013 | International Trade

OTTAWA, Nov. 27, 2013 /CNW/ - The Forest Products Association of Canada (FPAC) appreciates the government's announcement about a Global Markets plan aimed at creating opportunities through trade. This is a welcome complement to current industry efforts to bolster international exports.

Read More »

Hyundai Motor looks to new Genesis to lift US sales

Reuters | November 26, 2013 | International Trade

Hyundai Motor unveiled a sleek revamped version of its high-end Genesis sedan in South Korea, a key model along with the upcoming Sonata family car, to revive momentum in its key home and U.S. markets. Read More »