Southeast Asian basketball league launched in Malaysia; 6 teams to start competitionKUALA LUMPUR, Malaysia — The first pan-ASEAN professional basketball league has been officially launched. UN calls on Southeast Asian Nations Association leaders to take tougher stance with MyanmarUNITED NATIONS — Secretary-General Ban Ki-moon urged a ministerial meeting of southeast Asian nations late Saturday to take a tougher line with fellow member Myanmar in hopes its military junta will free political prisoners and hold fair elections. Steps taken by Group of 20 nations to avert another financial meltdownKey points of agreement by leaders of the Group of 20 on Friday: Chrysler trying to refit Fiats to match US tastes, bolster its lackluster lineupDETROIT — Chrysler thinks its future may be in a new lineup of smaller cars based on models from Italian partner Fiat. The question is how to make them for Americans put off by stiff suspensions, firm seats and — perish the thought — not enough cupholders. Product Recall: dried apricotsThe following recall has been announced: Int’l Trade Commission to stop illegal Internet imports of Marlboro cigarettesRICHMOND, Va. — The International Trade Commission is requiring U.S. Customs & Border Protection to stop the import of counterfeit products illegally bearing the trademarks owned by Philip Morris USA. China faces new US trade complaint over paper as union, 3 producers file antidumping caseBEIJING — A U.S. labor union and three paper companies have filed a new trade complaint over imports of Chinese paper, possibly fueling tensions between Washington and Beijing amid disputes over tires and other goods. Japan remains mired in slump as exports and imports tumble in August; car exports fall by halfTOKYO — Japan’s exports tumbled 36 percent in August — with car shipments falling by half — and imports also contracted sharply, the government said Thursday, showing the world’s No. 2 economy remains mired in a deep slump. Israeli leader says Iran could provide terrorists with a ‘nuclear umbrella’NEW YORK — Israeli Prime Minister Benjamin Netanyahu says that if Iran acquires nuclear weapons it could “bring terrorism beyond our wildest dreams.” China appeals WTO ruling for US in trade dispute over barriers to US music, movies, booksGENEVA — China appealed Tuesday a United States win in a trade dispute over restrictions on the sale of U.S. music, films and books in the Asian country. Obama pushes for agreement on balanced growth to set stage for sustained economic recoveryWASHINGTON — President Barack Obama says he is determined to go after the “reckless risk-taking” that pushed the global economy into the worst financial crisis since the 1930s, and he is also pushing for countries to promote more balanced growth going forward. Ex-Mexican president Fox says US should spend to narrow wage gap between 2 nationsALBUQUERQUE, N.M. — The United States, Mexico and Canada should spend 2 percent of their gross domestic products to narrow the economic differences between the neighbors, former Mexican President Vicente Fox said Monday. SKorea president proposes ‘grand bargain’ to end NKorea’s nukesNEW YORK — South Korean President Lee Myung-bak proposed a “grand bargain” Monday to restart disarmament negotiations and end North Korea’s nuclear arms program. Mexican ex-president Fox says US should spend part of GDP to narrow wage gap between 2 nationsALBUQUERQUE — Former Mexican President Vicente Fox says the United States should spend 2 percent of its gross domestic product to narrow the wage gap between Mexico and America. Damaged by deficits, US seeks G-20 commitment to combat global imbalances at Pittsburgh summitWASHINGTON — With trillion-dollar deficits and a weakening dollar, the United States doesn’t have the clout it once had at economic summits. Now Germany, France and all the new kids at the table — countries like China and Brazil — are pushing their own issues. Report: North Korea shuts down biggest wholesale market
Asian leaders aim to press greater voice on global financial decisions, will face demands tooWASHINGTON — Asian leaders at this week’s economic summit will demand a greater voice in the way global financial institutions make crucial decisions. Likewise, the world’s established powers will have some demands of their own. Asian countries at G-20 push for greater decision-making role, face demands on climate, tradeWASHINGTON — Asian leaders gathering at next week’s economic summit in Pittsburgh will be demanding a greater voice in the way global financial institutions make crucial decisions. Likewise, the world’s established powers will have some demands of their own for the rising Asian nations. On eve of G-20, report says protectionism rampant and could increase even as economies recoverWASHINGTON — The world’s major powers are repeatedly breaking their pledges not to erect trade barriers, and there’s no sign the “protectionist juggernaut” will ease as countries recover from the global downturn, an influential monitoring organization said Friday. Russian premier Putin urges foreigners to invest, pledges less bureacracySOCHI, Russia — Russia’s Prime Minister Vladimir Putin urged foreign businessmen Friday to invest in Russia, promising to remove bureaucratic hurdles, and called for currencies besides the dollar to be used as reserves amid “uncontrolled” U.S. debt. Russia’s Putin praises Obama’s missile defense move, urges US to end trade restrictionsSOCHI, Russia — Russian Prime Minister Vladimir Putin on Friday praised President Barack Obama’s decision to scrap plans for a missile defense system in Europe and urged the U.S. to also cancel Cold War-era restrictions on trade with Russia. Improving economies may ease pressure on world leaders to work together, fight protectionismWASHINGTON — Leaders of the world’s 20 top economies vowed to resist protectionism last November and again in April as they charted a joint strategy for confronting the worst global downturn in generations. As they meet again, they’ll get this progress report: Most of their economies are on the mend — and trade tensions and protectionism are on the rise. British union leaders approve boycott of Israeli goods over Gaza conflictLONDON — British labor unions agreed Thursday to support a boycott of some Israeli goods in response to the offensive in Gaza. Environmentalists, economists, investors oil men and coal miners square off on climate billNEW YORK — Industry, economic and environmental groups are making a final push to influence a climate bill that may go before the Senate within weeks. Consumer prices rise slightly in August as weak economy keeps inflation in checkWASHINGTON — Consumer prices rose slightly in August due to higher gas prices, another sign the weak economy is keeping inflation in check. Current account trade deficit shrinks to smallest level in relation to the economy in 18 yearsWASHINGTON — The deficit in the broadest measure of foreign trade shrank in the spring to the lowest level in relation to the total economy in 10 years, another dramatic sign of how much the recession had reduced America’s appetite for foreign goods. US farmers on verge of giant corn harvest after good weather, but frost could chill high hopesDES MOINES, Iowa — Darrel McAlexander has been farming for 43 years and he’s never seen his corn crop look so good. Inflation expected to have remained in check as weak economy limits prices increasesWASHINGTON — A report due out Wednesday is expected to show that inflation remained in check last month, as the weak economy prevents retailers and manufacturers from raising prices. China tries to ease fears of trade war with Washington but will press tire case at WTOBEIJING — China tried Tuesday to allay fears of a trade war with Washington over tire tariffs, saying it will press a World Trade Organization case against new U.S. duties but wants to avoid harming relations. Meltdown 101: Latest trade spat with China could raise prices for tires in the USChina and the U.S. are bickering over tariffs on tires and exports of chicken. |
Topics
Poll Loading ...Latest TweetsInternational Trade
Latest Friend FeedsInternational Trade
|
