International Trade

Why Ukraine spurned the EU and embraced Russia

Reuters | December 23, 2013 | International Trade

On Sept. 4, Ukrainian President Viktor Yanukovich called a meeting of his political party for the first time in three years, summoning members to an old Soviet-era cinema called Zoryany in Kiev. Read More »

Wall St rallies to record highs, buoyed by Apple deal

Reuters | December 23, 2013 | International Trade

U.S. stocks jumped on Monday, with the Dow and S&P 500 advancing to all-time highs as Apple Inc surged on a distribution deal with China Mobile and lifted the technology sector. Read More »

Panama’s economy grew 8.9 percent in third quarter from a year ago

Reuters | December 20, 2013 | International Trade

Panama’s economy grew 8.9 percent in the third quarter from the same period last year, as massive infrastructure spending continued to buoy one of Latin America’s fastest-growing economies, the government statistics agency said on Friday. Read More »

Reports Indicate Farm Bill Finally Heading Toward Completion

AJOT | December 20, 2013 | International Trade

American Soybean Association reports the Farm Bill may finally be heading for completion as key legislators reach agreement on key provisions. Read More »

United Fresh Applauds FDA Plan to Issue Second Round of Proposed FSMA Rules

AJOT | December 20, 2013 | International Trade

United Fresh Produce Association applauds the announcement by FDA Deputy Commissioner for Foods and Veterinary Medicine Michael Taylor that FDA will issue a second round of draft rules concerning key provisions and seek additional public comments Read More »

Brazil flour mill says Argentina won’t make Jan. wheat delivery

Reuters | December 19, 2013 | International Trade

One of Brazil’s biggest flourmills, Moinho Pacifico, said an Argentine trader that supplies it with wheat would not be able to meet its contract for January. Read More »

Iraq’s oil exports rise to 71.4 mln barrels in November -oil ministry

Reuters | December 19, 2013 | International Trade

raqi oil exports rose to about 71.4 million barrels in November despite bad weather, portmaintenance in the south and disruptions along the country’snorthern pipeline, the oil ministry spokesman said on Thursday. Read More »

Chinese technology smuggler sentenced to 3 years

Reuters | December 18, 2013 | International Trade

A Chinese citizen convicted oftrying to smuggle American-made radiation-hardened microchipsfrom California to China was sentenced Wednesday to three yearsin U.S. prison. Read More »

China rejects 30% of corn shipped in from US this year

Reuters | December 18, 2013 | International Trade

China has rejected more than 600,000 tons of U.S. corn since mid-November, after tests showed an unapproved gene-altered strain, an influential consultancy said, taking the volume of such shipments to about 30 percent of imports this year. Read More »

China Mobile chairman says still in talks with Apple on iPhone deal

Reuters | December 18, 2013 | International Trade

China Mobile Ltd said it's still in talks with Apple Inc to sell iPhones amid mounting industry speculation that the pair are about to announce a deal to net the technology giant hundreds of millions of potential new customers. Read More »

Norwegian Air signs deal for two more Boeing Dreamliners

Reuters | December 18, 2013 | International Trade

Norwegian Air is buying another two Boeing 787-9 Dreamliners, seeing the aircraft's technical advances as outweighing its operating problems as the budget carrier expands in long-haul services. Read More »

China wants negotiations on EU wine dispute

Reuters | December 18, 2013 | International Trade

China would welcome talks with the European Union on an investigation into whether Europe is dumping wine, the Commerce Ministry said, and it dismissed any suggestion the inquiry was linked to a dispute over solar panels. Read More »

Asia business sentiment falls in fourth-quarter as global worries weigh

Reuters | December 18, 2013 | International Trade

Business sentiment among Asia's top companies dropped sharply in the fourth quarter, extending last quarter's declines, with global economic uncertainty and rising costs weighing on the region's firms, a Thomson Reuters/INSEAD survey showed. Read More »

Japan exports rise but trade gap widens on weak yen

Reuters | December 18, 2013 | International Trade

Japan's exports rose for a ninth consecutive month in November, led by car shipments to the United States and China, a sign the weak yen and a recovery in global demand are energizing a major growth driver in the world's third-biggest economy. Read More »

Bangladesh violence risks spinning out of control as polls near

Reuters | December 18, 2013 | International Trade

When an ally in Bangladesh's ruling coalition threatened this month to pull out of upcoming elections, elite troops broke open the gates of the party leader's home, brushed aside his guards and hauled him away. Read More »

Brazil GMO planting to increase by 6.8% this season

Reuters | December 18, 2013 | International Trade

Brazil will increase the amount of land planted with genetically modified soy, corn and cotton by 6.8 percent this season to increase yields, local analytics firm Celeres said. Read More »

Russia says West still pressing Ukraine to choose Europe

Reuters | December 18, 2013 | International Trade

Russia accused the West on Wednesday of putting pressure on Ukraine to choose closer ties with the European Union even though Kiev has accepted a Russian bailout after spurning a trade deal with the EU. Read More »

EU Commission renews bid to ban food from cloned animals

Reuters | December 18, 2013 | International Trade

The European Commission again proposed a ban on food and products from cloned animals, two years after failing to block their use. Read More »

UPDATE 1-Exporters still awaiting Argentina OK to ship 1.6 mln tonnes wheat-source

Reuters | December 18, 2013 | International Trade

ARGENTINA-GRAINS/WHEAT (UPDATE 1):UPDATE 1-Exporters still awaiting Argentina OK to ship 1.6 mln tonnes wheat-source Read More »

GM corn, feta cheese: hurdles for EU-US trade talks

Reuters | December 17, 2013 | International Trade

Genetically modified crops, chlorine-washed chicken, beef quotas and a fight over who can call Greek-style cheese 'feta' all block the way towards the world's largest free-trade deal. Read More »