BUFFALO — Along a bend in the Buffalo River here, an enormous steel and concrete structure is rising, soon to house one of the country’s largest solar panel factories. Just to the south, in the rotting guts of the old Bethlehem Steel plant in Lackawanna, where a dozen wind turbines already harness the energy…
Press Releases July 16, 2015Portman, Brown Continue Push for Stronger Currency Manipulation Enforcement in ongoing Trade Negotiations [Reposted from the site of Sen. Rob Portman | July 16, 2015] Washington, D.C. – Today, U.S. Senators Rob Portman (R-Ohio) and Sherrod Brown (D-Ohio) continued their push to crack down on currency manipulation by foreign competitors, urging…
(Editorial note: China continues to restrict its currency to a “trading band” rather than an inflexible peg.) On July 21, 2005 Chinese monetary policy makers surprised the country’s trade partners by revaluing the yuan 2.1% higher against the dollar, ending a fixed exchange-rate regime that angered officials in the U.S., Europe and Japan and…
Twelve Democratic senators are calling on the conference committee for a pending customs and trade enforcement bill to delete proposed language that would prevent the United States from negotiating provisions on climate change in trade agreements, amid doubts that the conference will happen at all. [Reposted from Inside US Trade | July 20, 2015] In…
IBM is advancing rapidly into new fields like data analytics, cloud computing and mobile applications. And while the technology company’s second-quarter results showed encouraging progress in those businesses, it was not enough to translate into growth for the company as a whole. [ by Steve Lohr | July 20, 2015 | NY Times ]…
The U.S. International Trade Commission (“USITC”) made a preliminary determination of injury yesterday and said that investigations will continue on unfairly traded imports of corrosion-resistant steel from five countries. [ by Zacks Equity Research | July 17, 2015 | Zacks.com ] The USITC found reasonable indications that a barrage of subsidized imports of certain…