By David J. Lynch; USA TODAY PANAMA CITY — The month-old government here is expected to announce as soon as next week the first steps toward breaking with decades of banking secrecy that have drawn both tax-allergic customers and global rebukes. Panamanian officials insist that their limited financial unveiling is motivated solely by a desire [...]
Next week » Utah governor can expect tough questions Gov. Jon Huntsman Jr. should be prepared to answer some tough, probing questions when he goes before the Senate Foreign Relations Committee next week, but he will likely emerge unscathed, experts say. “Given the nature of the committee, it’s going to be a piece of cake, [...]
China agrees to reduce dependence on exports The two-day U.S.-China Strategic and Economic Dialogue, ended July 28 with the two countries agreeing to step up their cooperation on economic and financial issues and take individual measures to address their imbalances. The United States, saddled with a huge trade deficit with China, has long called on [...]
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: 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. [...]
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