By Bob Bernick Jr. and Arthur Raymond; Deseret News Praising Utahns and thanking former governor, now ambassador, Jon Huntsman Jr. for laying the groundwork for Utah’s rebounding from economic recession, new Gov. Gary Herbert said Tuesday that good things lie ahead for the Beehive State if Utahns will just join fresh partnerships and work together. [...]
By Elizabeth Williamson; Wall Street Journal GUADALAJARA, Mexico — President Barack Obama concluded a summit with his Mexican and Canadian counterparts by pledging greater cooperation on uncontroversial issues like flu prevention, but he papered over trade disputes between the U.S. and its close trading partners, dashing hopes for progress on those issues. The North American [...]
By Agence France-Presse; IndustryWeek The June deficit of $27 billion was less than the $28.5 billion expected by most analysts but showed gains in both imports and exports, suggesting trade flows are picking up after steep declines. Meanwhile, the gap with China grew to $18.4 billion. The U.S. trade deficit widened slightly in June due [...]
BEIJING, Aug 12 (Reuters) – Chinese exports are bottoming out and will gradually improve over the rest of the year, Commerce Minister Chen Deming said on Wednesday. But he said exports would still show a decline for all of 2009 because global recovery prospects were subdued. “I believe this bottoming out process will be unbalanced [...]
By HANNAH SELIGSON; New York Times BEIJING — Shanghai and Beijing are becoming new lands of opportunity for recent American college graduates who face unemployment nearing double digits at home. Even those with limited or no knowledge of Chinese are heeding the call. They are lured by China’s surging economy, the lower cost of living [...]
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