TOKYO — Facing a surging yen and mounting calls for action, Japan may finally decide that it can’t afford to let its currency keep climbing. Today brought growing expectations that Japan’s monetary authorities would do something to stem the yen’s rise after it hit a fresh 15-year high against the dollar the day before. New [...] [...]
WASHINGTON — The U.S. trade deficit rose to a 15-month high as rising oil prices pushed crude oil imports to the highest level since the fall of 2008, offsetting another strong gain in exports. The larger deficit is evidence of a rebounding U.S. economy. The Commerce Department said today that the trade deficit rose 2.5 [...] [...]
WASHINGTON — The Federal Trade Commission (FTC) is suing Intel Corp., the world’s leading computer chip maker, charging that the company has illegally used its dominant market position for a decade to stifle competition and strengthen its monopoly. In its complaint, the FTC alleges that Intel has waged a systematic campaign to shut out rivals’ [...] [...]
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 31.5 percent lower in June 2009 than in June 2008, dropping to $50.8 billion in the sixth consecutive month with a year-to-year decline of greater than 27 percent, according to the Bureau of Transportation [...] [...]
Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 35.4 percent lower in May 2009 than in May 2008, the biggest decline from the same month of the previous year on record, according to the Bureau of Transportation Statistics. BTS reported that the [...] [...]
by Wally Northway Published: July 20,2009
Tags: exports, trade
JACKSON — The Mississippi Development Authority will lead a delegation of Mississippi business leaders to the SEUS-CP 2nd Annual Conference next month. SEUS-CP, an alliance of southeastern states and Canadian provinces, will convene in St. John’s, Newfoundland and Labrador, Canada, July 26-28.
“Because Canada is one of Mississippi’s key trade partners, it’s crucial that we [...] [...]
JACKSON — The Mississippi Development Authority (MDA) is leading a business development mission to Chile and Peru Sept. 27 – Oct. 2. The trip is designed to provide opportunities for Mississippi businesses to expand trade and create business relationships in the two markets by meeting one-on-one with qualified agents and distributors for their products and [...] [...]
WASHINGTON — Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was 33.1 percent lower in April 2009 than in April 2008, dropping to $49.7 billion, according to the Bureau of Transportation Statistics (BTS). April was the fourth consecutive month with a yearly decline [...] [...]