Britons Plead for End to Asia Shoe Duties Nov 18, 2009
Merchants in Britain are urging the EU not to extend protectionist tariffs against shoe imports from China and Vietnam that they say hurt consumers and free trade ... Britain's shopkeepers have joined forces with the Government to urge European Union countries to vote against extending punitive tariffs on leather shoes from Asia at a crucial meeting on Thursday ... They have warned that extending the tariffs would "deal a hammer blow" to hard-pressed retailers and damage Europe's trade interests... (BusinessWeek)
Read my lips: book decision a bad ending Nov 18, 2009
If we had faltered at that hurdle, we would have faltered at the next one: the reduction of tariffs for the passenger motor vehicle and textile industries post 2000. And if we had faltered on that, we would have faltered on the GST.. (Sydney Morning Herald -- Opinion)
Eskom to revise tariff proposal Nov 18, 2009
Cornelis van der Waal, a Frost van analyst, said while Eskom needed the increase to complete its expansion plans, he did not expect it to win approval for a tripling in power tariffs ... Higher tariffs will make more renewable energy projects viable. (Business Report, South Africa)
Melting The Argument Against Cap-and-Trade Nov 18, 2009
Some of this can probably get filed under "creative accounting." A few EU-15 countries are making tangible strides in cutting emissions-namely France, Germany, Britain, Greece, and Sweden (true, Germany has been helped by East Germany's post-Soviet industrial collapse, but its policies to promote renewable power, especially feed-in tariffs, have made a difference, too). Yet some EU-15 members are serious laggards, especially Italy and Spain, and they'll need to buy up excess credits from other... (CBS News -- Politics)
Wanted: gutsy leader to sip from poisoned chalice Nov 17, 2009
The question is whether the new leadership will be ready to run with the myriad issues Eskom must confront - starting with the pending revision of its proposal to hike tariffs by 45 percent a year over the next three years, due to be submitted to the energy regulator by the end of the month. Engineering News reports that Eskom is seeking to lop at least a nominal 10 percentage points off its initial figures. (Business Report, South Africa)
TOP ARTICLE: Consensus Can't Be Forced Nov 17, 2009
Even as international agencies castigate India's energy subsidies for promoting energy inefficiency, these complex cross-subsidies ensure that industrial consumers in India, on a PPP basis, pay the highest power tariffs anywhere in the world. The same holds true for liquid fuel prices where taxes ensure that prices of transport fuels in India are matched by few other countries. (India Times, India)
How to feed the 7 million Nov 17, 2009
Import tariffs imposed on food meant that the average Japanese household spent a third of household income on food. As transport costs increase due to rising fuel costs it is not unreasonable to see food costs escalate. (Sydney Morning Herald -- Opinion)
Misunderstanding What The Chinese Want Nov 17, 2009
To his credit, Obama imposed Section 421 surge tariffs on Chinese tires in September, the Commerce Department levied anti-subsidy duties on steel products in late October, and his administration filed a World Trade Organization case against China in June, but he has failed to take concerted action in a period of Beijing's increasingly mercantilist behavior. Obama's predecessor also failed to use America's enormous economic leverage on the Chinese, but George W. Bush did apply geopolitical... (CBS News)
Pleased to meet you Nov 17, 2009
China has been accusing America of imposing protectionist tariffs on some of its products, while many American politicians are resentful of what they see as Chinese efforts to boost exports by manipulating its currency. The president will probably avoid repeating such accusations in public. (The Economist)
Eskom's real quandary is its choice of technology Nov 17, 2009
The regulator projected the costs of producing power from 10 different technologies over the next two decades in a document explaining its decision for the second phase of renewable energy feed-in tariffs ... Its proposal to triple tariffs over three years is to build capacity in mostly coal-fired power - this with a R60 billion state injection that nonetheless leaves a R30bn shortfall. (Business Report, South Africa)
Salga slams parastatal's application Nov 16, 2009
"Salga recommends that Eskom improve this section of the proposal by providing clear and reasonable comparisons of both country and utility average tariffs, as well as industrial and residential tariffs.". Salga warned that the size of the price increases that Eskom was seeking would have a significant impact on the costs of municipal services such as water and street lighting. (Business Report, South Africa)
Apec leaders vow to fight protectionism Nov 16, 2009
Obama in September imposed tariffs on Chinese tyre imports. According to an analysis by Mark Williams, an international economist at research group Capital Economics, WTO members were "on course to launch a record number of investigations against Chinese imports this year". (Business Report, South Africa)
Employers don't have the guts to invoke dismissals Nov 16, 2009
First, the company needs to charge tariffs that recover its economic costs of producing electricity. Secondly, it is not possible to fund Eskom's capital expansion on tariff increases alone. (Business Report, South Africa)
Obama arrives in China for maiden visit Nov 16, 2009
" But Obama -- whose stop in China is the longest leg of his nine-day Asian tour -- and Hu will nevertheless face a number of thorny issues when they sit down for talks on Tuesday in Beijing. On trade, Washington has piqued China's ire in recent months by imposing tariffs on Chinese tyres and preliminary duties on some steel products -- moves which Beijing has slammed as protectionist and as impeding world recovery. The US leader is expected to counter by again urging China to reconsider the... (Channelnewsasia.com)
US and China can be partners, says Obama Nov 16, 2009
Washington has angered China in recent months by imposing tariffs on Chinese tyres and preliminary duties on some steel products - moves which Beijing has slammed as protectionist and as impeding world recovery. Obama is expected to counter by again urging China to reco 00004000 nsider the value of the yuan, which has been effectively pegged to the dollar since July 2008, when the global crisis hit key export markets for Chinese-made goods. (Sydney Morning Herald -- World)
Obama under fire on trade as Asia-Pacific leaders meet Nov 15, 2009
Russian President Dmitry Medvedev said controversial tariffs enacted by his government to shore up ailing industries were temporary and urged his regional colleagues to "do anything we can to refrain from protectionism in any sphere". The warnings came as a two-day summit of the Asia-Pacific Economic Cooperation (APEC) forum began. (Yahoo! Asia News)
South Asia 'agrees to free trade' Nov 15, 2009
Tariffs should start to lower in 2006 ... Tariffs should start to come down for the seven nations in the group by the beginning of 2006, he said. (Yahoo News -- Asian Economy)
GM offers Mich. option to workers Nov 14, 2009
isolationism, embargos, high tariffs, "buy my country first" has only led to world wars and bloodshed. "Jap" and "chinamen" are actually racial slurs that show you true racist based intent " Tad22 wrote on Nov 13, 2009 11:05 PM:" It would be good if we could all "buy American", but the fact of the matter is our foreign competition can beat the price of our goods and services hands down. (Columbia Daily Herald, TN)
Strong China ties vital to economy Nov 14, 2009
During times of economic challenge, it can be tempting for nations to seek comfort behind tariffs and barriers against the outside world. History, however, has shown the folly of this course. (Atlanta Journal-Constitution -- Opinion)
Medvedev vows to end Russian protectionism Nov 14, 2009
Medvedev, whose country controversially hiked tariffs on imported vehicles to protect the Russian car industry in the crisis, said restoring global trade volumes was key to recovery ... Japanese Trade Minister Masayuki Naoshima had said at the forum he was concerned by Russia's move in January to drastically hike tariffs on both new and second-hand cars imported from abroad. (Sydney Morning Herald -- World)
Chinese leader rejects protectionism Nov 14, 2009
In September, the U.S. placed tariffs on Chinese-made automobile tires; China responded by cutting off imports of auto parts and poultry parts, including chicken feet, a delicacy in China. Video: The state of global trade. (CNN -- International)
Eskom hike plan expected to be rejected Nov 13, 2009
The South African government is expected to reject a proposal by utility Eskom to triple tariffs partly because of the impact they would have on the gold sector, the chief of AngloGold Ashanti said on Wednesday ... Up to 1 million people, including workers in the sector and dependents, would likely suffer if if a proposal was implemented by Eskom to hike tariffs by 45 percent a year over the next three years, he said. (Business Report, South Africa)
The Palin Persuasion Nov 13, 2009
Are tariffs depressing farm wages ... Lower tariffs and reduce subsidies for domestically produced ethanol. (CBS News -- Opinion)
China's trade surplus looms large Nov 13, 2009
The US decision this month to impose tariffs of as much as 99% on Chinese steel pipes after American producers complained they were being dumped at below-market prices, and the earlier imposition of stiff duties on tires and other products reflect the growing tension in Sino-US trade relations ... In a move seen as retaliation against US tariffs, the Commerce Ministry last Thursday said it had expanded its investigation into imports of US chickens and chicken products, accusing Washington of... (Asia Times Online)
China's End Run Around the U.S. Nov 13, 2009
In its trade talks, the U.S. typically tries for universal, all-in-one deals that cover not only lower tariffs but also services, intellectual property rights, government procurement rules, and even labor and environmental codes. Initiatives by China and other Asian nations, in contrast, focus on simpler, narrower goals, such as a cut in tariffs or easing investment rules. (BusinessWeek)
Buttonwood: Paper promises, golden hordes Nov 13, 2009
A recent paper by Barry Eichengreen of the University of California, Berkeley, and Douglas Irwin of Dartmouth College found that countries that abandoned gold not only had shorter recessions but were also less inclined to raise tariffs than those countries that retained the link. Given the Depression it is hard to see governments ever wanting to tie their countries to a gold standard again. (The Economist)
Threat to market access looms Nov 12, 2009
He said growing concerns over the environmental issue by developed countries could translate into limiting the market access for palm oil through innovative non-tariff trade barriers and levying discriminatory tariffs mainly to protect and promote their own crop industries. To successfully compete in the developed countries markets, palm oil producers had to succumb to the constantly changing sustainable requirements imposed by the developed nations and the non-govermental organisations... (The Star Online, Malaysia -- Business)
Resisting trade protectionism, a pressing issue for APEC Nov 12, 2009
In contrast, some developed economies of the APEC have adopted a number of protectionist actions upon their trade partners, imposing tariffs on imports of various products, which, as warned by analysts, might send wrong signals and trigger an escalation of trade disputes that will dislocate the global financial system. Just as what World Bank President Robert Zoellick mentioned at a symposium on APEC's 20 years of achievements held on Tuesday, that the trade liberalization process could be... (Xinhuanet, China)
Agliotti scored at least R6.5 million from Kebble - KPMG Nov 12, 2009
The state is expected to reject a proposal by Eskom to triple its tariffs partly because of the impact that would have on the gold sector, the chief of AngloGold Ashanti said. . (Business Report, South Africa)
In the beginning, Tiananmen Nov 12, 2009
List's institutional school of economics asserts that the doctrine of free trade was devised to keep England rich and powerful at the expense of its trading partners and it must be fought with protective tariffs and other protective devises of economic nationalism by the weaker countries. Nineteenth-century American statesman Henry Clay's "American system" was a nationalist system of political economy. (Asia Times Online)
Obama to discuss with China on three major issues Nov 12, 2009
The U.S. imposed tariffs ranging from 24 percent to 37 percent on China's largest exporters of steel pipe. Chinese officials called the tariffs a protectionist move ... The imposition of steel pipe tariffs follows the decision in September to levy 35 percent tariffs on Chinese-made tires. (Xinhuanet, China)
* Net tax revenue drops by record 16.6% Nov 12, 2009
2 percent; a drop in customs tariffs of NT$13. 4 billion, or 19. (Taipei Times, Taiwan -- World)
Comment on this article Nov 11, 2009
The times may be tough, but an exciting new phase of the solar market is brewing, fueled by Feed-in Tariffs, Residential PPAs, Renewable Energy Financing Districts and On-Bill Financing. Are you prepared to profit from the potential of the explosive. (Energy Pulse, CO)
Vodafone's India revenues dip 7% Nov 11, 2009
Over the last three months, Vodafone has been forced to cut STD tariffs after the likes of RCOM joined the tariff war a month ago by offering to bill customers at 50 paise per call. Besides, Vodafone recently launched the per-second billing plan, a practice started by Tata DoCoMo and copied by all other operators. (India Times)
Obama confronts an Asia reshaped by China's rise Nov 10, 2009
China reacted angrily to recent U.S. moves to impose punitive tariffs to stem surging imports of low-cost Chinese-made tires, seeing it as reneging on Obama's promise earlier this year not to resort to protectionism during the economic crisis. (Copyright 2009 by The Associated Press. (WSVN-TV Miami, FL)
Carnage at General Motors Nov 10, 2009
" But what about what's bad for General Motors? GM had to make some very big mistakes to get itself into its current predicament. Perhaps most telling, the company devoted itself primarily to cashing in as profitably as possible on the American infatuation for the biggest, most luxurious, most gas-guzzling automobiles ever built. It lived in the moment, and failed to prepare for the future. And for a while, the living was pretty good. But now one of the biggest corporations in the richest... (Salon)
Clock windsdown on APEC Nov 10, 2009
Average tariffs among APEC economies have been slashed from 17% in 1989 to 5. 5% in 2004. (Asia Times Online)
China's $10.8bn African gambit Nov 10, 2009
Beijing will remove tariffs on most exports to China from the least-developed African nations that do not have diplomatic relations with Taiwan, and will sponsor programs in health, education, culture and agriculture. The gestures are likely to further cement China's good relations with many African nations, and may help tackle concerns that China is replacing Europe as a colonial power. (Sydney Morning Herald -- World)
ATS reports second quarter fiscal 2010 results Nov 10, 2009
" Financial Results In millions 3 months 3 months 6 months 6 months of dollars, ended ended ended ended except per Sept 27, Sept 30, Sept 27, Sept 30, share data 2009 2008 2009 2008 ------------------------------------------------------------------------- Revenue ASG $ 97.0 $ 147.4 $ 212.2 $ 290.2 from ------------------------------------------------------------ continuing Photowatt 51.5 72.5 91.6 141.9 operations ------------------------------------------------------------ Inter-segment (0.3)... (Canada Newswire)
INTERVIEW - Obama: strains unless U.S., China balance growth Nov 10, 2009
The Obama administration has resisted domestic pressure to brand China a currency manipulator, but has slapped tariffs on Chinese tires, steel pipes and other products. Obama said he would be telling Beijing it needed to do more to open its markets. (The Star Online, Malaysia)
* Solar development in Germany surges to yearly record Nov 10, 2009
Theres a rumor that tariffs will decrease by as much as 30 percent, Simonek said. In Germany, where consumers are charged more for renewable power to promote its development, new installations come at a price. (Taipei Times, Taiwan -- World)
Efficient use is only way to beat scarcity Nov 10, 2009
The costs of water saving projects must be paid for through both water tariffs and major investment by the state. As we move deeper into water scarcity, the cost of water is going to, and must, increase. (Business Report, South Africa)
China pledges $10-billion Nov 9, 2009
China will also remove tariffs on 95 percent of products "from the least-developed African states that have diplomatic relations with China," he said. Wen added that China would set up environmental programmes in the continent, including 100 clean energy projects, and increase cultural exchanges and medical assistance. (iAfrica.com)
Uganda: Foreign Debt Will Be Out of Control By 2015 Nov 9, 2009
Also, high electricity tariffs, exorbitant taxes and bogus trade policies could hinder government efforts to increase exports to the required levels to reduce the debt burden. For fear that the debt burden could run out of hand, Members of Parliament suggest in their report, that new financing should not only be on concessional terms, but also prioritised to strategic areas that would help to build the country's productive capacity. (allAfrica.com)
Telecom revenues back to 08 levels Nov 9, 2009
NEW DELHI: Government revenues from the telecom sector have dipped over the last six months despite the addition of 80 million customers in the period, making it difficult to cut levies despite mounting demand from the industry for some sort of support following a rapid drop in tariffs forced by intense competition ... A top executive with a leading GSM telecom company pointed out that the full impact of falling tariffs would reflect on all operators books only over the next two quarters. (India Times)
Trade protectionism no savior of crisis Nov 8, 2009
China was one of the victims as the European Union, Argentina, Brazil started anti-dumping and anti-countervailing investigations against Chinese products, following the United States that decided to levy high tariffs on tires and steel pipes from China ... For example, the Smoot-Hawley Tariff Act adopted by the U.S. government in 1930 raised U.S. tariffs to historically high levels, which reduced the world trade then by about two-thirds. (Xinhuanet, China)
China suffers most from trade protectionism Nov 8, 2009
WASHINGTON, Nov. 4 (Xinhua) -- The U.S. Commerce Department said on Tuesday it would impose punitive tariffs ranging from 2. 02 percent to 437. (Xinhuanet, China)
Seeking the cellphone future, in Kampala Nov 8, 2009
The economics were unabashed and straightforward: By eliminating the tariffs we charged for goods made in countries with negligible wage and human rights laws, Washington removed disincentives for mass offshoring ... Then realize the planet s future has far more to do with good old-fashioned tariffs than any neoliberal techno-babble about "cap and trade.". (Salon)
Chinese premier: Africa trade push is 'selfless' Nov 8, 2009
The Chinese premier, who met earlier in the day with Egyptian President Hosni Mubarak in Cairo, outlined a strategy for economic growth that includes traditional mainstays like increasing trade and gradually eliminating tariffs on exports from some of Africa's neediest countries. But the sharpest language was in comments about developing human resources, technology transfer agricultural ventures and developing the continent's poor infrastructure. (WCAX.com, VT)
China suffered heavily from trade protectionism which has been rising after the outbreak of the global financial crisis, a Ministry of Commerce official said Saturday.• U.S. needs to match words with deeds on anti-protectionism Nov 8, 2009
WASHINGTON, Nov. 4 (Xinhua) -- The U.S. Commerce Department said on Tuesday it would impose punitive tariffs ranging from 2 ... However, in the past week alone, it has imposed several punitive tariffs on Chinese products ... Washington says it is trying to safeguard "trade rules" in applying the tariffs but it is apparent the United States is protecting its own interests at the expense of free trade. (Xinhuanet, China)
The White House and Abramoff: 70 more contacts revealed Nov 8, 2009
The administration's tariffs on Chinese tires are a signal that the offer of unilateral market access is being reconsidered by the U.S.. While the brutality and militancy of the Iranian regime may foreclose a rapprochement, the Obama administration has backed away somewhat from the policy of encircling Russia by canceling NATO missile defense systems in Poland, whose purpose was to intimidate Russia, not Iran. (Salon)
India's fast-growing telecom sector hits trouble Nov 8, 2009
The ARPU drop reflected the rock-bottom tariffs as well as companies' growing reliance on lower-spending rural customers as they push deeper into India's hinterland to grow revenues. Total telephone penetration, including landline and mobile phones, in the country of nearly 1. (Yahoo! Asia News)
* World Business Quick Take Nov 7, 2009
TRADE Seoul passes India pact South Korea yesterday ratified a free trade deal with India that promises to slash tariffs on goods and services between two of Asias biggest economies. The agreement was passed in a vote by the National Assembly, two officials in the bodys secretariat said. (Taipei Times, Taiwan -- World)
The other Paris Nov 7, 2009
Since 2001 the international community has been engaged in trade talks known as the Doha development round, aimed at lowering tariffs and farm subsidies in Europe and the United States as well as protecting patents and brand names in Asia. If the countries involved could come to an agreement this would lead to a tremendous spike in international trade that would have the effect of a stimulus package in the current crisis situation. (Salon)
BSNL-MTNL losing share in mobile market Nov 7, 2009
"The management and the government should focus on strengthening BSNL. Its existence has defeated cartelization and increasing of telecom tariffs. Listing will not solve any problem, except garnering funds for government," BSNL's Employees Union said on Friday, opposing both the listing and the deteriorating financial health of the firm. This compounds the challenges faced by telecom minister A Raja, who took over in May 2009 as this deterioration has happened entirely on his watch. (India Times, India -- Intl Business)
LA cardinal offers abuse apology Nov 6, 2009
----------------- ----------------- RELATED BBC SITES. Last Updated: Monday, 16 July 2007, 19:48 GMT 20:48 UK. (Yahoo News -- Catholic Church Abuse Scandal)
LA Church 'agrees abuse pay deal' Nov 6, 2009
US hits China pipes with tariffs. In pictures: Fort Hood shootings. (Yahoo News -- Catholic Church Abuse Scandal)
DoCoMo to Rely on Dividend to Boost Record-Low Stock, Finance Officer Says Nov 6, 2009
DoCoMo in August its basic monthly flat- rate plan tariffs 20 percent to attract users and help achieve its annual target of shipping 1 million handsets capable of surfing the Internet and downloading music, videos and software. To contact the reporter on this story: in Tokyo at ; in Tokyo at. (Bloomberg -- Japan)
Ant and Dec sign new ITV contract Nov 6, 2009
Page last updated at 08:50 GMT, Friday, 6 November 2009. Ant and Dec have been signed to ITV since 2000. (BBC News -- Entertainment)
EU offers hope to file-sharers Nov 6, 2009
Page last updated at 11:15 GMT, Thursday, 5 November 2009. by Nigel Cassidy Europe Business Reporter. (BBC News -- Technology)
Looking ahead Nov 6, 2009
Page last updated at 14:07 GMT, Thursday, 5 November 2009. Pensions by computer. (BBC News -- Europe)
Climate deal 'unlikely' this year Nov 6, 2009
Page last updated at 21:26 GMT, Thursday, 5 November 2009. By Richard Black Environment correspondent, BBC News website, Barcelona. (BBC News -- UK)
US slaps tariffs on Chinese steel imports Nov 6, 2009
The tariffs will be on top of separate duties announced in September averaging 21 per cent to counter subsidies to Chinese producers ... China's government also weighed in on Friday, condemning the new US tariffs on imports of Chinese tubular steel as an ``abuse of protectionism ... Trade tensions are on the rise after Obama imposed tariffs on Chinese tyres in September and China responded with a complaint to the WTO. China announced plans to investigate US exports of poultry, auto parts and... (Sydney Morning Herald -- Business)
* Minister of finance pushes cross-strait tariff pacts Nov 6, 2009
Minister of Finance Lee Sush-der (zw) expressed hope yesterday that tariffs agreements, particularly one on avoiding double taxation, could be signed in the next round of cross-strait talks ... Lee told a hearing of the legislatures Finance Committee that the foundation and ARATS negotiators had not discussed the tariffs issues, but would do so before the next SEF-ARATS meeting. (Taipei Times, Taiwan -- World Business)
Copyright pirates face crackdown Nov 6, 2009
----------------- ----------------- RELATED BBC SITES. Last Updated: Wednesday, 6 December 2006, 17:35 GMT. (Yahoo News -- Online Privacy)
