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News & Updates

March 5, 2015 Euro Weakens to 11-Year Low Against Dollar Before ECB Decisions

Source: Bloomberg

The euro weakened to an 11-year low against the dollar as traders prepared for the European Central Bank to announce details of its debt-purchase program, deepening its differences with the U.S. on expansionary monetary policies.

March 5, 2015 World food prices fell in February

Independent Online - Rome - Global food prices fell 1 percent in February to their lowest in more than four-and-a-half years, with cereals, meat and sugar declining, oils steady and only dairy prices rebounding sharply, the...

March 5, 2015 U.S. optimistic global trade deal will come into force this year

Reuters - Mark Linscott, Assistant U.S. Trade Representative for îWorld Trade Organizationî and Multilateral Affairs, said Washington was "pretty confident" the deal agreed in Bali in 2013 would be up and running by...

February 12, 2015 US Targets $1B Chinese Subsidies With Massive WTO Case

Law 360 - Law360, New York (February 11, 2015, 11:53 AM ET) -- The Obama administration on Wednesday filed a new complaint against China at the îWorld Trade Organizationî, crying foul over Beijing's wide-ranging...

February 9, 2015 Why Is Huge Trade Deal Being Kept Secret'

Truthdig - Access to the text of the proposed deal is highly restricted. Nevertheless, at last monthâs îWorld Economic Forumî in Switzerland, U.S. Trade Representative Michael Froman defended the Obama...

January 28, 2015 iPhone sales trample expectations as profit sets global record

Source: Reuters

Apple Inc (AAPL.O) quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in...

January 26, 2015 5 highlights from World Economic Forum in Davos

Source: USA Today

The World Economic Forum's annual meeting in Davos, Switzerland, wrapped up Saturday after nearly a week of high-powered speeches, workshops, politicking, parties and slipping around on icy sidewalks.

January 26, 2015 Snubbed by U.S. and Europe, Kremlin Looks to Asia at Davos

Source: NY Times

DAVOS, Switzerland — On opening night at the annual gathering of the moneyed here, Russia’s state-owned bank VTB put on a lavish party, with dancers in gorgeous versions of Russian traditional dress, Russian-style nouvelle...

January 26, 2015 Global economy hopes raised after European stimulus

Knoxville News Sentinel - In a separate development that could boost global growth, 21 members of the îWorld Trade Organizationî - Brazil, China, the European Union, Japan, Russia and the United States - backed...

January 26, 2015 Will Davos 2015 get the tech world back on track'

VentureBeat - Can Davos 2015 solve the worldâs problems' That is a question posed by one of the sessions at last weekâs annual meeting of the îWorld Economic Forumî in the prestigious ski resort of...

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