NEW YORK – The recent decision by the Bank of Japan to increase the scope of its quantitative easing is a signal that another round of currency wars may be under way. The BOJ’s effort to weaken the yen is a beggar-thy-neighbor approach that is inducing policy reactions throughout Asia and around the world.…
Charles Blum comments on President Obama’s remarks on trade to the Business Roundtable this week. ————– So, President Obama thinks that anyone who questions the opaque Trans-Pacific Partnership is in effect arguing for perpetuating the “status quo.” A while back, he charged critics of the TPP and its baby sister the Trans-Atlantic Trade and Investment…
Hang on to your hats, America. And throw away that big, fat styrofoam finger while you’re about it. [by Brett Arends | December 4, 2014 | Market Watch] There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s official. The…
Senator Orrin Hatch says he wants to push Fast Track authority next year as incoming chairman of the Senate Finance Committee. The Senate Finance Committee has jurisdiction over trade. Hatch gave these remarks to the National Foreign Trade Council on December 3, 2014 when receiving the NFTC’s 2014 World Trade Award. “Let me be clear,”…
The Tea Party is aiming to stop one of the few initiatives President Barack Obama and Republicans in Congress say they both want in the coming year: more free trade. [by Carter Dougherty | December 4, 2014 | Bloomberg] The effort, which has drawn interest from Democratic allies in U.S. labor unions, is aimed…
Black Friday weekend is just not what it used to be. Despite falling gas prices, stock prices posting records, and buoyant consumer confidence, Thanksgiving weekend sales—in stores and on-line—were down about 11 percent from last year. Five forces combined to reduce this year’s spending binge—and most will endure in the years ahead. [by…
On November 7, 2014, I attended the “Idea Jam – Innovating for the Future” session put on by the Pacific Center for Workforce Innovation in San Diego. The purpose of the session was to identify the major challenges to the San Diego workforce in the coming years and to generate audience participation in visioning exercises…
WASHINGTON — Sen. Mitch McConnell (R-Ky.) has been dreaming about cutting major deals as Senate majority leader for most of his career. Next year, he’ll finally get the chance to do it with the Trans-Pacific Partnership, the most ambitious free trade agreement since the Clinton era. The only thing standing in his way is his…
In 2004, the Pacific Rim mining company applied to dig for gold in El Salvador. Pacific Rim (since acquired by the Canadian-Australian company OceanaGold) assured the government of then-President Antonio Saca that its work would be eco-friendly and would generate jobs. But with 90 percent of the country’s surface water contaminated, and fearing damage…
News Release FOR IMMEDIATE RELEASE North County Biotech/Biomed Innovators to Address Current Trends/Challenges at Dec. 4th Event SAN MARCOS, Ca, November 25, 2014 – Six North County San Diego biotech /biomed executives, whose innovative companies have capitalized on the brand promise of the region,…
