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News & Updates

December 19, 2013 Global Markets Rise After Fed’s Decision to Unwind Stimulus - text/video

Source: NY Times

Stock markets in Asia and Europe on Thursday welcomed the news that the Federal Reserve would gradually end its bond-buying program during 2014, a modest first step toward unwinding the American central bank’s broader stimulus...

December 17, 2013 How China Became Capitalist

cato.org - In the new millennium, the Chinese economy has kept its growth momentum and become more integrated ... of the main flaw of the Chinese market economy: China has developed a robust market for goods, but it still lacks a...

December 11, 2013 Or Maybe It's a Zillion-Dollar WTO Deal

American Economic Alert - President Obama, December 8, 2013 (Sources: âStatement of U.S. Trade Representative Michael Froman following the 9th Ministerial Conference of the îWorld Trade Organizationî,â...

December 9, 2013 All 159 WTO Members Have Agreed on Something, for the First Time Ever

Time Magazine - Eighteen years ago, the formation of the îWorld Trade Organizationî was a hopeful sign that the global effort to increase trade, and the benefits that arise from it, were to be boldly carried forward....

December 9, 2013 Europe Stocks Inch Higher After China Export Data

FOXBusiness - LONDON â European stock markets opened mostly higher on Monday, keying off gains seen overnight in Asia where better-than-expected Chinese export data signaled stronger demand from the global economy and sent...

December 9, 2013 Global recovery taking hold, but risks still ahead: Fitch

India Infoline Ltd - îFitch Ratingsî says in its latest Global Economic Outlook (GEO) that world growth will accelerate in 2014 and 2015 driven by a more robust recovery in major advanced economies (MAE), while...

December 9, 2013 Export Surge Sets Up Big Surplus for China

Source: NY Times

HONG KONG — China’s exports rose more than expected last month, government figures released Sunday showed, as resurgent demand from consumers in the United States and the European Union helped put the Asian manufacturing...

December 9, 2013 Axe carbon tax to keep lights on and cut energy bills, says ScottishPower chief

Source: Telegraph

Britain's unilateral carbon tax should be scrapped before it causes blackouts, pushes up household bills and makes the UK uncompetitive, ScottishPower argues. Keith Anderson, chief corporate officer, warns that the “carbon price...

December 8, 2013 WTO Deal Buys Trade Talks Time to Craft Broader Deal

Source: Bloomberg

The Obama administration lauded an agreement on trade rules struck by the World Trade Organization, while analysts said the deal may do more to salvage broader WTO talks than solve food shortages and help global commerce.

December 6, 2013 Make-or-break WTO meeting goes down to the wire, India refuses to budge

NDTV - He is hoping the limited measures can buy the îWorld Trade Organizationî time for a future kick-start of its larger "Doha Round" of global negotiations aimed at stripping away trade barriers. "There has been...

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