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News & Updates
Source: LA Times
For the second time in less than six months, concerns about China’s rocky transition from an export-fueled industrial nation to a more mature developed economy have rattled global financial markets.
January 6, 2016 Dow trims losses, sheds 276 after earlier freefallSource: USA Today
Stocks around the world plunged on the first trading day of 2016, with the Dow diving 470 points in intraday trading before moderating its losses amid fresh signs of slowing growth in China, the world's second-biggest economy.
January 4, 2016 China’s Economy Starts 2016 at Slowest Pace in YearsSource: NY Times
China, the world’s second-largest economy, looked set for a weak start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December, suggesting the government may have to step up policy...
December 31, 2015 Five countries crushed by oil price collapse
Forex Street - Countries that produce the world's crude are getting crushed by low prices. Huge budget surpluses are turning into deficits, and generous social programs are being replaced with austerity and cuts. Oil has...
December 31, 2015 Will the ASEAN Economic Community be a bang or a bust?Source: CNBC
The ASEAN Economic Community (AEC) will come into effect Thursday and holds immense potential for the region. However, the full-scale of implementation is far from complete
December 28, 2015 After a Year of Slide, Exports to Look Up in 2016
The New Indian Express - The two regions account for over 30 per cent of the shipments. Multilateral body World Trade Organization too has lowered the trade growth projections for 2016 to 3.9 per cent from 4 per cent earlier. "I...
December 24, 2015 Country of Origin: Where is Your Beef From'
OpEdNews - The dispute started about five years ago when Canada and Mexico filed a complaint with the World Trade Organization. They argued that U.S. law required their meat to be labeled "product of Mexico" or "Canada" was a...
December 15, 2015 U.S. trade complaint against China opens door to future clashes over airplane subsidies
The Business Journal - Rep. Rick Larsen, D-Wash., said in an interview that he's been thinking a lot about the longer-term implications of the Dec. 8 filing by the U.S. Trade Representative before the World Trade Organization....
December 10, 2015 The Trans-Pacific Partnership is a win for all parties
Brookings - The TPP also includes disciplines on subsidies that lead to overfishing an outcome that has been pursued unsuccessfully at the World Trade Organization for the last 15 years. The TPP environment chapter is subject to...
November 30, 2015 Dollar rises versus euro, oil drops before ECB, OPEC meetingsSource: Reuters
The dollar hit its strongest since mid-March against its peers at the start of a week likely to highlight the divergent outlooks for U.S. and euro zone interest rates, while oil fell with OPEC ministers expected to keep the pumps...
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