Tradenews

EC Praises Hungary’s Economic Policy yet Soft-pedals on Early Adoption of the Euro [25 Feb 2009]  
The European Commission’s President Jose Manuel Barroso commended the Prime Minister of Hungary, Ferenc Gyurcsany while he received him in Brussels, the headquarters of the EU for his government’s pol  ...More
Tags: european commission     economic crisis     hungary    
Chinese Begin to Fish in the US Housing Market [26 Feb 2009]  
Several Chinese travel companies are embarked on a new mission, taking their Chinese clients for home shopping in the US. Sliding prices of the houses in the US are attracting many cash-rich Chinese i  ...More
Tags: chinese     US     china     economic crisis    
Iran and Serbia Move towards FTA [09 Mar 2009]  
During a meeting with the Iranian delegation headed by Foreign Minister Manouchehr Mottaki, the Deputy Prime Minister of Serbia, Mladjan Dinkic stated that both countries had good and stable bilateral  ...More
Tags: economic     trade     serbian exports    
The US Truck Ban Receives Retribution from Mexico with Higher Tariffs on its Goods [17 Mar 2009]  
The Economy Secretary of Mexico Gerardo Ruiz Mateos stated they would impose higher tariffs on 90 items from the US in retaliation to the last week’s truck ban. The hike in tariffs and the list of goo  ...More
Tags: US     US Truck Ban     Economy Secretary of Mexico    
The UAE woos Canada to Boost Trade Ties [20 Mar 2009]  
Minister of Economy Sultan Bin Saeed Al Mansouri of the UAE and Canada’s Minister of International Trade, Stockwell Day held a meeting to discuss further strengthening of trade ties between both count  ...More
Tags: minister of economy     canadian minister    
Early Economic Revival of Asian Economies will Delay the Rest out of Crisis [20 Apr 2009]  
The much anticipated early recovery of the Middle East and many other Asian economies including China and India by the end of this year are likely to inundate these markets with overseas investments.  ...More
Tags: asian economies     economy news     china     india    
Falling Remittances and Returning Expats Heighten Economic Woes of Armenia [05 May 2009]  
Armenia, the second largest populous breakaway of the former Soviet Union is seriously confronted with lowered salary and job losses of their nationals working abroad after the economic crisis gripped  ...More
Tags: armenia     economy     diaspora    
Iran Offers Solution for Japan to Overcome Economic Turbulence [05 Jun 2009]  
During the last week’s joint seminar by Iranian and Japanese chambers of commerce held in Tokyo, the chairman of Iran’s Chamber of Commerce, Industries, and Mines, Mohammad Nahavandian said that his c  ...More
Tags: Iran     Japan     Economic news    
Geithner Trip to Guarantee Investment Safety to the Mid-East [13 Jul 2009]  
The US Treasury Secretary Timothy Geithner in his two-day visit to the Middle East is likely to make serious effort to allay his country’s largest investor region’s fears over the US dollar’s volatili  ...More
Tags: investment     economic news    
Spain Continues to Be Haunted by Bankruptcy Bogey [06 Aug 2009]  
The Spanish companies and individuals filing bankruptcy or insolvency suits in the first two quarters of 2009 had already overtaken the total number of declarations of the previous year, reported the  ...More
Tags: Spain     bankruptcy     economic crisis    
Serbia Cements Ties with China - Tadic Concludes Tour [24 Aug 2009]  
Serbian President Boris Tadic’s trip to China which began on last Wednesday has culminated in the signing of a strategic partnership deal between both countries. During his visit he discussed politica  ...More
Tags: Serbia     China     CCPIT     economy     SEE    
Arab Banking Conference to Focus on Reforms and Investments [24 Sep 2009]  
The two-day Annual Arab Banking Conference to be held in Beirut, Lebanon between November 19 and 20 would lay emphasis on pan-Arab investments in the new global economic order post-meltdown, the Union  ...More
Tags: Arab     UAB     economy     G20 committe    
Honduran Economy Checkmated by Political Impasse [26 Oct 2009]  
Since showing steady growth at 7 percent in the past few years, one of the most successful growths in the Latin America, Honduras is divided today between ousted President Manuel Zelaya and the interi  ...More
Tags: Honduran    Economy    politics    Latin America    
Malaysia and China Prepare Road Map for Future Growth [11 Nov 2009]  
The Chinese President Hu Jintao arrived on Tuesday in Malaysia to commemorate the 35th anniversary of diplomatic ties between both countries, and met Prime Minister of Malaysia, Datuk Seri Najib Tun A  ...More
Tags: Malaysia    China    WCEF    economy    
UID and RTE of India to be the Largest Eco-friendly Projects [12 Nov 2009]  
India would be spending in excess of $100bn on its two ambitious projects, Unique Identification cards (UID cards) and Right to Education (RTE) program in the next five years. The country’s UID projec  ...More
Tags: UID    RTE    eco friendly    UID cards    
Survey Finds No Country is Immune to Economic Crimes [20 Nov 2009]  
PricewaterhouseCoopers' (PwC) bi-annual Global Economic Crime Survey which gives exhaustive data on the business frauds found that no country was immune to corporate frauds. The findings of the survey  ...More
Tags: survey    PwC    economy    China    Japan    
Bulgarian Hoteliers to Start Own Bank to Tame Credit Crisis [25 Nov 2009]  
The Bulgarian hotel owners are all geared up to start their own banking initiative to overcome the high interest rates as rentals and revenues are receding owing to the ongoing economic downturn and o  ...More
Tags: Bulgaria    economy    crisis    H1N1    
UAE Ruler Backs Dubai Govt – Claims Economy is Fine [01 Dec 2009]  
The UAE President Sheikh Khalifa bin Zayed Al Nahyan on the eve of 38th National Day said that the country's economy was ‘fine’, and supported the efforts by Dubai ruler Sheikh Mohammed bin Rashid Al  ...More
Tags: UAE    economy    Dubai    Qatar    Abu Dhabi    
Australia Outperformed Rest of Advanced Nations [14 Dec 2009]  
The Australian Treasurer Wayne Swan claimed that his country continued to outperform most other nations even as the impact of the global economic crisis eroded almost all economies. He made this state  ...More
Tags: Australia    economy    ABS    RBA    Reserve Bank    
GCC to Perk Up on Low Realty Cost [22 Dec 2009]  
In a recent report by AT Kearney, a leading global management consulting firm stated Dubai's capacity to "rebound fast should not be underestimated, with low real estate prices at offer now”. It furth  ...More
Tags: GCC    Dubai    Economy    China    India    UAE    Dubai    
Economists Differ on US Economic Recovery [05 Jan 2010]  
Nobel laureates Paul Krugman and Joseph Stiglitz along with economics professor Martin Feldstein of Harvard University sounded the alarm at the annual meeting of the American Economic Association in A  ...More
Tags: economy    economic recovery    Boston    US    Europe    
S-Korea Plans 2nd Capital City with Incentives to Investors [05 Jan 2010]  
The changed plans for Sejong city, located about 130kms south of Seoul, from administrative township to a science-business one will take off after a nod from the parliament with incentives for all est  ...More
Tags: S-Korea    PMO    FEZ     free economic zone    Sejong    
Chavez Devaluation Missile Ravages French Retail Chain [19 Jan 2010]  
Exito, a joint French-Colombian supermarket chain, has fallen prey to this month’s Venezuelan currency devaluation policy, which warned action against any firm that involved in speculative price hikes  ...More
Tags: French    commerce    business    economy    
New Zealand Basks in the Success of Avatar [27 Jan 2010]  
Avatar, the most expensive and the largest grosser movie ever made has given a big boost to the New Zealand (NZ) film industry and the economy as a whole. The 3D mega visual has delivered USD$218mn to  ...More
Tags: New Zealand    NZ    economy    SPADA    LBSPG    WD    Avatar    
N-Korean Redenomination Boomerangs – Economy Collapses [04 Feb 2010]  
Several reports suggest the fizzled out redenomination or currency swap enacted by North Korea to contain inflation has literally brought the country to its knees. Last November’s decree which gave ci  ...More
Tags: North Korea    economy    currency    nuclear    
US-Mexico Truck Dispute Enters Hope Highway [10 Feb 2010]  
A meeting between two top government representatives from the US and Mexico suggests the Obama administration’s revocation of the pilot program will be lifted soon to end the one year old trade spat.  ...More
Tags: US    Mexico    economy    NAFTA    agriculture    
Nigeria Offers Free Land and Tax Holiday to Indian Investors [11 Feb 2010]  
The Governor of Borno state of Nigeria Ali Mudu Sheriff while attending the 3rd Nigeria - India Business & Investment Forum (NIBIF 2010) announced that his state would be providing free land and tax r  ...More
Tags: Nigeria    India    NIPC    economy    GCMMF    milk powder    
Vietnam Dismisses Taiwanese Charges on Chinese Goods [26 Feb 2010]  
A Vietnamese trade representative to Taipei rebutted the allegations of dried day lily from China being routed through his country to bypass Taiwanese restrictions on Chinese agricultural products. Hi  ...More
Tags: Vietnam    DPP    VECO    Taiwan    agriculture    
Greece Needs Pragmatism not Post mortem [01 Mar 2010]  
Greece, the EU member state, which is experiencing a severe economic crisis, has literally become a thorn in the flesh to the Union. Initial analysis on the ongoing crisis indicate a likely domino eff  ...More
Tags: Greece    EU    economy    Germany    Olympic games    
Thailand Cements Ties with Bahrain with Investment Plans [03 Mar 2010]  
A delegation led by Thai Trade Commissioner Kiat Sittheeamom which comprised representatives from a cross-section of business firms from Thailand presented its interest in exploring varied sectors of  ...More
Tags: Thailand    Bahrain    trade    business    economy    
China to Effect Huge Policy Changes to Promote Trade [08 Mar 2010]  
According to the recent National People's Congress and the Chinese People's Political Consultative Conference (CPPCC) sessions, China is expected to consider serious changes in its exim policy while r  ...More
Tags: China    trade    CPPCC    economy    import    
India Womens Bill Tied to Population Control and Economic Growth [10 Mar 2010]  
In economic parlance, any entity’s development and growth is judged by its economic capabilities of maximizing returns and minimizing expenditure. Likewise, the proposed Women's Reservation Bill of In  ...More
Tags: India    economy    women    Lok Sabha    Rajyasabha    
Haitians Sceptical about US Re-build Formula [23 Mar 2010]  
Most of Haiti’s population, who are left bereft of their loved ones and homes by the Jan 12 devastation of 7.2 magnitude earthquake is seemed to have woken up to the reality that everything happening  ...More
Tags: Haiti    earthquake    economy    USA    
Greece a Lesson for Blocs Aim to Emulate EU [09 May 2010]  
Greece crisis must be termed as a discouraging event for blocs from Latin America and the Gulf which are essaying to toe the line of the EU to form unions with single currency and similar governance s  ...More
Tags: EU     Greece     economy     crisis     debt     Europe    
Greece a Lesson for Blocs Aim to Emulate EU [09 May 2010]  
Greece crisis must be termed as a discouraging event for blocs from Latin America and the Gulf which are essaying to toe the line of the EU to form unions with single currency and similar governance s  ...More
Tags: EU     Greece     economy     crisis     debt     Europe    
Oman-France Eco-tourism Foray on Course despite Deferment [11 May 2010]  
A workshop on 'green architecture and eco-tourism' will be held in Oman between 15 May and 17 May after becoming one of the many casualties to Iceland's volcanic ashes which disrupted air-travel last  ...More
Tags: Eco-Tourism     Ecology     Oman     France    
WTO Must Streamline Organized Workforce to Cut Socio-economic Imbalances [13 May 2010]  
It is now apparent in the light of various studies conducted by both the UN agencies and other independent bodies that globalization has eluded its goals by not translating it into targeted benefits.  ...More
Tags: WTO     healthcare     economy     trade    
Global Infrastructure Deficit Pegged at $2Trillion Per Annum [25 May 2010]  
The World Economic Forum’s Positive Infrastructure Report (PIR) finds that world faces a global infrastructure deficit of US$2 trillion per year over the next 20 years. The report analyses the four la  ...More
Tags: WEF     Economy     Infrastructure    
Country in Conundrum of Siding Whom Leaves Citizens Starving [26 Aug 2010]  
Despite relative success of reaping decent harvest after the worst violence interfered with the first of the two crops of the year in June, the farmers in Southern Kyrgyzstan are at the crossroads for  ...More
Tags: Kyrgyzstan     Crisis     Kyrgyz     UNDP     Economy    
Investment Threshold Makes Ghana No Entry for Businesses [30 Aug 2010]  
An analysis on investments in Ghana finds that an old law is restricting foreign investments to that country as it prescribes unreasonable minimum investment limit while leaving out domestic ones from  ...More
Tags: Ghana     ECOWAS     Nigeria     Exports     Africa    
UNIDO gives Fillip to West African Economy [02 Sep 2010]  
The United Nations Industrial Development Organization (UNIDO) is understood to have decided to chart out plans to boost trade partnership within West Africa. The UNIDO Director Felix Ugbor laid out t  ...More
Tags: UNIDO     AGM     West Africa     Nigeria     ECOWAS    
Global Amphibian Trade Thrives on Porous Legal Framework [10 Sep 2010]  
An interview on WOMM-LP, a non-commercial community radio station based in the US, between leading amphibian experts has disclosed - along with the trade and consumption of frogs and other related liv  ...More
Tags: WOMM-LP     Frogs     Eco-system     Amphibians    
Salvador Takes Diplomatic Route to Resolve Dominican Export Ban [23 Sep 2010]  
Two senior ministers from El Salvador are touring the Dominican Republic in order to address problems related to the exports with the Caribbean country. The Salvadoran Ministers of Economy, Hector Dad  ...More
Tags: El Salvador     Economy     Dominican Export     Ban    
Ireland Steers towards Middle East to Expand Economic Ambit [02 Nov 2010]  
According to sources, a week-long trip by a high profile Irish trade delegation to Saudi Arabia and the UAE is expected to expand proximity to the Middle East in bilateral trade to politics. The dele  ...More
Tags: economic ambit     irish trade    
Ripple Effect of Cote D’Ivoire Politics to make Chocolates Dearer [25 Jan 2011]  
The electoral dispute between Alassane Ouattra, the internationally recognised winner of Cote d’Ivoire’s presidential election and Laurent Gbagbo, his election rival who has refused to relinquish the  ...More
Tags: UN     Ivory Coast     Cote d’Ivoire     ECOWAS     Cocoa Exports    
First Ecotourism Village of Indonesia to have over 400 Homes [27 Jan 2011]  
The first eco-tourism village developed through the joint-venture by Habitat for Humanity Indonesia and Asia Pulp & Paper (APP) will come up near some of Indonesia’s most picturesque ancient temples.  ...More
Tags: Indonesia     Tourism     Travel     Eco-tourism    
India, Japan sign FTA for 10 years [16 Feb 2011]  
Japan and India signed Wednesday a bilateral free trade agreement that would abolish duties on more than 90 percent of trade for 10 years.

Japanese Foreign Minister Seiji Maehara and Indian Com  ...More
Tags: economic cooperation    trade and investment    Japanese exports    
World Bank chief urges new role in Middle East [24 Mar 2011]  
The World Bank is rethinking its role in the Middle East and North Africa to tackle economic and social problems that sparked political unrest. The poverty-fighting institution needs to find some way  ...More
Tags: Robert Zoellick    World Bank conference    IMF     neo-liberal economic policies    
China needs to rebalance economy: World Bank [16 Sep 2011]  
World Bank Chief Robert Zoellick has asked the Chinese government to hasten planned structural reforms to shift the focus of its export-driven economy toward domestic consumption-led growth as the glo  ...More
Tags: China economy    
UK economy shrank less than thought in Q2 [28 Sep 2012]  
LONDON: Britain's economy shrank slightly less than so far estimated in the second quarter, data showed on Thursday, providing a somewhat better base for the expected recovery in the coming months.
...More
Tags: UK economy    
Global Economy’s Dream Come True- US & Europe mulling over a Free Trade Agreement [19 Aug 2013]  
Two of the biggest financial superpowers of the world, the United States (US) and the European Union (EU) are finally getting round to finalizing on something that holds great implications for the wor  ...More
Tags: Global Economy US and Europe    
From Bad to Slightly Worse- No luck for World Economy [26 Aug 2013]  
If the influential Ifo Business Climate Index is to be believed, all that the world economies are doing to elevate their domestic markets in light of the recent economic slump isn’t amounting to much.  ...More
Tags: Slightly Worse No luck for World Economy    
The Fragile Five- High Octane Economies or Ticking Time Bombs [03 Feb 2014]  
What’s common between Brazil, India, South Africa, Indonesia and Turkey? They are part of an exclusive club called the ‘fragile five’, world economies that are progressing quickly but are noted for be  ...More
Tags: The Fragile Five Octane Economies Ticking Time    
India Set to Become the Second Biggest Steel Manufacturer by 2016 [17 Feb 2014]  
International trade experts believe that India is all set to overtake the United States and Japan by 2016, to emerge as the second largest steel manufacturer in the world, behind China. This developme  ...More
Tags: India Set Second Biggest Steel Manufacturer