News Desk
Source: IndustryWeek; By Peter Alpern While U.S. trade rep Kirk warns labor law violations will be investigated, Obama remains silent. For a president who has spent the last six months juggling two wars, a health care overhaul, lobbying for cap-and-trade legislation, re-regulating the financial world and selling a new nuclear treaty with the Russians, Barack [...]
Source: New York Times Editorial There are few things that could do more damage to the already battered global economy than an old-fashioned trade war. So we have been worried by the protectionist rhetoric and policies being espoused by politicians across the globe and in this country. Against this bleak backdrop, it is especially good [...]
Source: Wall Street Journal; By ALEX FRANGOS Negotiations on Funding Shortfalls Look Headed for Prolonged Arbitration NEW YORK — Talks to resolve massive funding shortfalls in the rebuilding of the World Trade Center are headed for a prolonged legal wrangle. Private developer Larry Silverstein told the trade center’s government owner, the Port Authority of New [...]
WASHINGTON (Reuters) – Political pressure grew on President Barack Obama to reconsider pending trade deals with Panama, Colombia and South Korea as over 100 lawmakers called on Wednesday for a massive revamp of U.S. trade policy. The 106 lawmakers, most of them members of Obama’s Democratic party, introduced legislation requiring a comprehensive review of the [...]
Source: Reuters; By Doug Palmer After months of little U.S. action on trade, there are signs the issue could become more important for President Barack Obama, who heads to Italy in early July to meet with major trading partners. “We’ve got to stop talking about trade as on the second page of the agenda, and [...]
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