Obama names Republican governor as envoy to China

On May 19, 2009, in Global Watch, News Desk
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Source: Yahoo News By Matt Spetalnick and Emily Kaiser WASHINGTON (Reuters) – U.S. President Barack Obama on Saturday named the Republican governor of Utah to be the next U.S. ambassador to China, a pivotal post in relations between the United States and a major emerging economic power. Jon Huntsman Jr., 49, a Mandarin-speaking former U.S. [...]

U.S. Working on Panama Trade Deal, Doha Pact

On May 19, 2009, in Global Watch
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Source: Washington Post By Susan Cornwell Reuters WASHINGTON (Reuters) – The Obama administration wants to explore new trade vistas in the Asia-Pacific region once it has dealt with challenges it inherited, including a deal with Panama and a global trade pact, U.S. Trade Representative Ron Kirk said on Monday. Kirk said President Barack Obama’s administration [...]

Foreign Direct Investment In China Falls Again

On May 19, 2009, in Global Watch
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Fiercer competition among developing countries for foreign capital is part of reason By Agence France-Presse Foreign direct investment in China fell 9.5% in March, for the sixth straight monthly fall, but there were some signs the worst could be over, the government said on April 15. Foreign firms invested $8.4 billion in the country last month, [...]

Utah Receives Positive National Attention

On May 19, 2009, in News Desk
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source:  Salt Lake Chamber Utah garners positive national attention Nation’s largest papers give rave reviews to Beehive State SALT LAKE CITY- (May 18, 2009) The rest of the nation is getting a glimpse at what Utah has to offer thanks to some of the country’s largest newspapers. USA Today, the largest circulation newspaper in the [...]

Slump Hits Mongolian Nomads

On May 19, 2009, in Culture Corner, Multimedia
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By Gordan Fairclough – Wall Street Journal TSOGT, Mongolia — Waves from the global economic downturn hit Sodnomdarjaa Khaltarkhuu when bank officials showed up at his tent on the edge of the Gobi desert and threatened to foreclose on his goats, sheep and camels. Falling demand for cashmere among recession-hit shoppers in the West is [...]

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