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News & Updates

July 30, 2014 How Argentina’s Default May Trigger $29 Billion in Claims

Source: Bloomberg.com

By defaulting tomorrow, Argentina may trigger bondholder claims of as much as $29 billion -- equal to all its foreign-currency reserves. If the overdue interest on Argentina’s dollar-denominated securities due 2033 isn’t paid by...

July 28, 2014 Dollar index steady near 6-month highs

Source: NASDAQ

The dollar was trading close to six month highs against a basket of other major currencies as investors positioned ahead of a series of key economic events later in the week. Demand for the dollar continued to be underpinned,...

July 25, 2014 WTO Rules against the US Imposing Duties on Chinese Solar Panels

Shanghai Metals Market - SHANGHAI, Jul. 25 (SMM) â îWorld Trade Organizationî judges said recently that the US broke the global trade rules by imposing anti-subsidy duties on Chinese solar panels, nbd.com...

July 21, 2014 Combat global warming by taxing carbon: Guest opinion

Source: Oregon Live

This month, energy experts from the United States, China, and 13 other nations released a report to the United Nations called "Pathways to Deep Decarbonization" offering practical paths for transitioning their countries away from...

July 17, 2014 Ban on Oil Exports Won’t Be Lifted This Year, Upton Says

Source: Bloomberg

A four-decade-old ban on crude exports from the U.S. will survive another year, the chairman of the U.S. House’s Energy and Commerce Committee said. Policy makers need time to decide whether to lift the 1975 prohibition on...

July 17, 2014 Hungry U.S. Power Plant Turns to Russia for Coal Shipment

Source: Bloomberg

When New Hampshire’s largest utility needed to rebuild coal supplies after the past frigid winter, it turned to Russia rather than Appalachia in the U.S. Northeast or Wyoming’s Powder River Basin

July 17, 2014 Russian Markets Hit By Fresh U.S. Sanctions -- Update

Inside Fidelity - European shares fell, with the îStoxxî Europe 600 index 0.4% lower midmorning. Elsewhere, troubled Portuguese lender Banco Espirito Santo (BKESF) was under renewed pressure following a downgrade to...

July 17, 2014 State-Owned Companies at Center of US, Chinese WTO Steel Case

Metal Miner - The îWorld Trade Organizationî has struck a blow to US efforts to challenge the role in global commerce of state-owned companies in emerging economies after ruling against Washington in a dispute over...

July 16, 2014 China growth picks up as stimulus kicks in, more support may be needed

Source: Reuters

China's economic growth picked up slightly in the second quarter as a burst of government stimulus paid dividends, but analysts said Beijing will likely need to offer more support to meet its annual growth target as the property...

July 15, 2014 WTO: US solar duties broke trade rules

PV Tech - The îWorld Trade Organizationî (WTO) has ruled that US import duties applied to Chinese solar products in 2012 broke global trade rules. A WTO panel yesterday upheld a complaint from China that the US had...

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