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Issue #591

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2014 Media Kit

International Trade

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Chili’s taps into Russian consumer boom

AJOT | February 03, 2011 | International Trade

Ribs-and-cocktails restaurant chain Chili's opened its first restaurant in Moscow on Wednesday, joining a throng of companies keen to cash in on Russia's consumer spending boom and growing middle class.

The company, owned by Brinker International Inc Read More »

Cargill to build new corn mill in Brazil

AJOT | February 03, 2011 | International Trade

Leading commodities trader Cargill said it would invest 350 million reais ($212 million) to build a new corn processing mill in Brazil, another sign of growing local demand in one of the world's largest agricultural producers and exporters.

The new pl Read More »

Indonesia’s Jan Sulawesi cocoa exports fall 50%

AJOT | February 03, 2011 | International Trade

Exports of cocoa beans from Indonesia's main growing area of Sulawesi island fell 55 percent in January against the same month a year ago as a result of wet weather, data showed.

Indonesian exporters shipped 11,634.66 tons in January, from 25,920 tons Read More »

Booming trade causes friction between Brazil and China

AJOT | February 03, 2011 | International Trade

Blossoming trade between Brazil and China has brought benefits to both economies but also caused increasing strains as Brazilian manufacturers struggle to compete with a wave of Chinese imports.

Here are some facts about trade between the two fast-gro Read More »

Statisticians hunt better ways to count trade figures

AJOT | February 03, 2011 | International Trade

In an age of global supply chains, trade figures give an increasingly misleading picture of what is going on -- and trade statisticians are out to change that. Trade figures have become politically explosive -- witness the sensitivity of the U.S. deficit Read More »

Nestle to invest $70 mlllion on South.Africa expansion

AJOT | February 03, 2011 | International Trade

Nestle is spending $70 million on expanding its business in South Africa, as the world's biggest food group sharpens its focus on emerging markets.

Nestle said in a statement on Wednesday it will spend around 500 million rand ($70 million) on a new ce Read More »

EU lawmakers OK banana duty cuts for Latin America

AJOT | February 03, 2011 | International Trade

European Union lawmakers on Thursday approved a deal to cut EU import tariffs on bananas from Latin America, ending the world's longest-running trade row, a European Parliament official said.

A majority in the European Parliament voted to cut duties o Read More »

Honda to lower CR-V exports to US to reduce fx impact

AJOT | February 03, 2011 | International Trade

Honda Motor Co is looking to make small investments in North America to build more of its popular CR-V crossovers there, reducing exports from Japan to cushion the blow from a strong yen, an executive said.

"Our profit structure has improved mainly th Read More »

EU softens stance on raw material export controls

AJOT | February 03, 2011 | International Trade

The EU confirmed it would consider stockpiling critical raw materials, but stopped short of threatening retaliation against countries that restrict supplies, a strategy document from the bloc's executive showed. In earlier drafts of the paper, the Europea Read More »

Hitachi raises forecast as Asia sales boom

AJOT | February 03, 2011 | International Trade

Hitachi Ltd raised its annual outlook above market expectations after cost-cutting and robust revenue in emerging markets helped quarterly operating profit nearly double, underscoring the progress in its restructuring drive.

The forecast for the indus Read More »

WTO report said to condemn Boeing subsidies

AJOT | February 01, 2011 | International Trade

Plane maker Boeing received unfair subsidies from the U.S. government, a World Trade Organization report said on Monday, according to Boeing's European rival Airbus.

The two companies disagreed over the extent of the subsidies outlined in the report, Read More »

ASEAN

AJOT | February 01, 2011 | International Trade

Southeast Asia's foreign ministers embarked on an unconventional land, sea and air trip to China to push ambitious plans to fully connect the region's frontier markets with Asia's biggest economic power.

The day-long trip from Thailand to China, organ Read More »

US promises changes to controversial trade method

AJOT | February 01, 2011 | International Trade

The United States promised its trading partners that it would make changes to a controversial method for calculating duties on unfairly priced imports.

But Japan and the European Union said assurances that Washington would comply with repeated condemn Read More »

Export curbs move into trade policy spotlight

AJOT | February 01, 2011 | International Trade

As World Trade Organization members intensify efforts for a new trade deal, soaring food and raw material prices have raised a question that is not even on the Doha round agenda: export restrictions.

While WTO members are haggling over the extent to w Read More »

South Korea to take 1-2 years to recover from foot-and-mouth

AJOT | February 01, 2011 | International Trade

South Korea's swine industry could take one or two years to recover from a foot-and-mouth epidemic that has boosted meat purchases by one of the world's top pork importers.

A long-term boost to the country's pork imports, mainly from the United States Read More »

Steel imports inch up in December

AJOT | February 01, 2011 | International Trade

Imports increased slightly in December by 1.4 percent compared to November, based on preliminary import data released by the government. 'Stronger market conditions at the end of the year in the US are reflected in the increase in December of arrivals of Read More »

Premium Article  Arctic more than a blip on China’s radar screen

George Lauriat | January 23, 2011 | Energy | International Trade | Liner Shipping | Ports & Terminals

Although it does not possess an inch of Arctic coastline, the economic potential of the region is clearly important to China’s global aspirations.

At a conference in Montreal on Arctic shipping late last year, the intervention of a Chinese spe Read More »

Premium Article  Australia’s “Greater Gorgon” gas project

George Lauriat | January 23, 2011 | Breakbulk & Projects | Energy | Refinery | Discovery | International Trade

The development of the “Greater Gorgon” gas fields located in a remote corner of the state of Western Australia ranks as the largest and most complex gas program undertaken in Australia. It is a challenging site: Gorgon is big, very big. How big? Jay R Read More »

Premium Article  Hijacking project cargo

Peter Buxbaum | January 23, 2011 | Breakbulk & Projects | International Trade | Liner Shipping

A 2010 incident ended well but the threat of piracy is growing, especially off the coast of Somalia
The vulnerability of project cargoes and vessels to piracy was brought into the spotlight on October 24, 2010, when the “Beluga Fortune” was Read More »

Japan PM renews push for free trade, close U.S. ties

AJOT | January 23, 2011 | International Trade

Prime Minister Naoto Kan renewed his commitment to open up Japan's market to capitalise on overseas growth and stuck to a June deadline to decide whether to join a U.S.-led free trade initiative.

In a foreign policy speech, Kan also reaffirmed the imp Read More »

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