Obama in China faces tensions on trade and Tibet Nov 16, 2009
The U.S. trade deficit with China widened 9. 2 percent in September to $22. (India Times)
Obama Walks Tightrope in 1st Trip to China Nov 16, 2009
China is a huge and lucrative market for American goods and services, and yet it has a giant trade deficit with the U.S. that, like a raft of other economic issues, is a bone of contention between the two governments ... China is a huge and lucrative market for American goods and services, and yet it has a giant trade deficit with the U.S.. (CBS News)
State's trade exports trending upward Nov 16, 2009
Instead, the nation's trade deficit rose in September by the largest percentage in a decade as U.S. exports grew for the fifth straight month, but imports rose faster, a government report showed Friday ... Nationwide, the Commerce Department said the nation's trade deficit jumped to $36. (Fresno Bee -- Business)
Canada Dollar Strengthens to One-Month High on Economic Recovery Outlook Nov 15, 2009
Canadas trade deficit narrowed in September more than forecast, the U.S.s trade gap widened as that nations economy gained and the euro-area economy emerged in the third quarter from its worst recession since World War II, according to reports released yesterday ... Canadas trade deficit shrank to C$927 million ($881 million), its lowest level in three months, on rising exports of automobiles and metals, Statistics Canada said. (Bloomberg -- Canada)
US stocks advance Nov 15, 2009
The trade deficit in the US widened in September by the most in a decade, reflecting rising demand for imported oil and automobiles as the economy rebounded from the worst recession since the 1930s. The gap grew a larger-than- anticipated 18 per cent to $US36. (Sydney Morning Herald -- Business)
U.S. trade deficit rises 18.2% in September Nov 15, 2009
U.S. trade deficit rises 18 ... U.S. trade deficit rises 18 ... WASHINGTON, Nov. 13 (Xinhua) -- The U.S. trade deficit increased 18. (Xinhuanet, China)
Yuan as world currency can be good for India Nov 15, 2009
Clearly, there are growing concerns not only over the trade deficit but also over the fact that most of India's exports to China are commodities while imports are mainly manufactured goods. The fact that Chinese goods are more competitive than the rest of the world is also being attributed partially -- though not wholly -- to the fact that the yuan has not been allowed to float freely against other currencies, primarily the dollar. (India Times)
Stocks Dismiss Deficit, Sentiment Data Nov 15, 2009
5:15 p.m. Update: Stocks finished with moderate gains Friday, brushing aside a growing trade deficit and a surprising drop in consumer sentiment ... 5:15 p.m. Update: Stocks finished with moderate gains Friday, brushing aside a growing trade deficit and a surprising drop in consumer sentiment. (Investors Business Daily)
Trade deficit grew in September by largest percentage in 10 years Nov 15, 2009
Instead, the nation's trade deficit rose in September by the largest percentage in a decade as U.S. exports grew for the fifth straight month, but imports rose faster, a government report showed yesterday ... 8 percent in September, dashing hopes of cutting the U.S. trade deficit soon. (Honolulu Advertiser)
Dollar Drops as Europe's Economic Optimism Spurs Demand for Higher Yields Nov 15, 2009
The U.S. trade deficit increased 18 percent to $36. 5 billion, the widest level since January, the Commerce Department said yesterday in Washington. (Bloomberg -- US)
Tech Trade Deficit With China Swells While Europe Gains Nov 15, 2009
The trade deficit with China for high-tech goods keeps climbing ... The U.S. trade deficit, meanwhile, widened in September to $36 ... The U.S. trade deficit with China increased to $22. (Investors Business Daily)
U.S. Trade Gap Grows Most in 10 Years Nov 14, 2009
The U.S. trade deficit widened in September by an unexpectedly large 18 ... NEW YORK (Reuters) - U.S. consumer sentiment soured in early November on grim job prospects while a larger-than-expected trade deficit had analysts scaling back estimates for third-quarter U.S. economic growth ... Related Separately, the government reported the U.S. trade deficit widened in September by an unexpectedly large 18. (ABC News -- Business)
US trade deficit widens 18.2% Nov 14, 2009
US trade deficit widens 18 ... US trade deficit widens 18 ... WASHINGTON: The US trade deficit widened in September by an unexpectedly large 18. (India Times)
U.S. trade gap widens more than expected Nov 14, 2009
The nation's trade deficit widened more than expected in September ... The latest evidence was a government report Friday that the U.S. trade deficit jumped in September by the largest percentage amount in more than a decade ... The Commerce Department report said the trade deficit jumped to $36. (MSNBC -- Business)
Gold closed higher as dollar weakens Nov 14, 2009
The Commerce Department said on Friday that the U.S. trade deficit widened in September by an unexpectedly large 18. 2 percent, the largest increase in more than 10 years. (Xinhuanet, China)
Chinese exporters fear new wave of exchange rate fluctuations Nov 14, 2009
For a decade and a half after China launched the reform of foreign exchange administration systems in 1978, acquiring U.S. dollars was top priority due to the country's trade deficit and shortage of foreign exchange reserves ... Blaming the RMB rate for the huge U.S. trade deficit is unjustified because the Chinese currency has gained more than 21 percent against the U.S. dollar, but U.S. trade deficit is still "unsolved," Lian says. (Xinhuanet, China)
Exports tug euro-zone out of recession Nov 14, 2009
The trade deficit in the US widend by the most in a decade, reflecting. Top Business articles. (Sydney Morning Herald -- Business)
US job fears dim consumer confidence Nov 14, 2009
A report from the Commerce Department showed the trade deficit widened in September by the most in a decade as rising demand for imported oil and automobiles swamped a fifth consecutive gain in exports ... The trade deficit in the US widend by the most in a decade, reflecting. (Sydney Morning Herald -- Business)
Stocks Gain on Earnings, Weaker Dollar Nov 14, 2009
The U.S. trade deficit widened 18. 2% to $36. (BusinessWeek)
Weak dollar won't ease trade gap soon Nov 14, 2009
Instead, the nation's trade deficit rose in September by the largest percentage in a decade as U.S. exports grew for the fifth consecutive month, but imports rose faster, a government report showed Friday ... The monthly trade deficit jumped 18 ... When the dollar declines compared with other currencies, it makes U.S. exports cheaper and imports more expensive, narrowing the trade deficit. (The Augusta Chronicle)
Canadian Stocks Rise as Gold, Energy Producers Advance; Insurers Decline Nov 14, 2009
70 after the U.S. trade deficit increased the most since 1999, weakening the U.S. dollar and spurring demand for alternative assets. Barrick Gold added 1. (Bloomberg -- Canada)
Retailers’ results counter confidence report Nov 14, 2009
Upbeat reports from Abercrombie & Fitch and others offset worries about disappointing consumer confidence, which some investors feel may affect holiday spending, and a rise in the nation s trade deficit that was bigger than forecast. Copyright 2009 Globe Newspaper Company. (Boston Globe)
Amid job losses, confidence drops Nov 14, 2009
Hundreds of imported vehicles were parked in a storage lot after being unloaded from freight ships in Elizabeth, N.J. The US trade deficit widened more than expected in September ... A report from the Commerce Department showed the trade deficit widened in September by the most in a decade as rising demand for imported oil and automobiles swamped a fifth consecutive gain in exports. (Boston Globe)
Canada's Dollar Advances on Speculation Global Recovery Gaining Momentum Nov 14, 2009
Nov. 13 (Bloomberg) -- Canadas dollar strengthened as a report showed the nations trade deficit narrowed more than forecast and speculation the global economic recovery is gathering momentum encouraged demand for higher-yielding assets ... The U.S.s trade deficit widened as its economy gained, and a European Union report showed the euro-area economy emerged in the third quarter from its worst recession since World War II. Stocks rose ... Canadas trade deficit narrowed in September to... (Bloomberg -- Canada)
Leaders Show 2 Themes: 10-Week Rebounds, China Nov 14, 2009
5:15 p.m. Update: Stocks finished with moderate gains Friday, brushing aside a growing trade deficit and a surprising drop in consumer sentiment. The Nasdaq outshined with a 0. (Investors Business Daily)
Meltdown 101: Some Signs of Strength in US Exports Nov 14, 2009
Meltdown 101: Some signs of strength for US exports even as trade deficit rises ... The trade deficit might have widened in September, but try telling that to U.S. jewelry makers, loggers and machine manufacturers who have customers in other countries ... That strength was hidden by a surge in oil imports, which helped widen the trade deficit for the month. (ABC News -- Wire)
Business Highlights Nov 14, 2009
Instead, the nation's trade deficit rose in September by the largest percentage in a decade as U.S. exports grew for the fifth straight month, but imports rose faster, a government report showed Friday. That trend is likely to continue until the middle of next year, economists said. (ABC News -- Wire)
Trade deficit widens more than expected in Sept. Nov 14, 2009
WASHINGTON (AP) The U.S. trade deficit widened more than expected in September as foreign oil prices rose to the highest level in nearly a year, swamping a fifth consecutive gain in exports ... The Commerce Department says the trade deficit jumped 18. (KGW Northwest NewsChannel 8, OR -- Business)
Stocks turn higher after trade data Nov 14, 2009
Reports from The Walt Disney Co. as well as retailers Abercrombie & Fitch Co. and J.C. Penney Co. are offsetting worries Friday about a disappointing consumer confidence report and an increase in the nation's trade deficit. Investors are hoping improved results at retailers means consumers will spend more as they shop for the holidays. (KGW Northwest NewsChannel 8, OR -- Business)
Stock futures slightly higher after trade data Nov 14, 2009
NEW YORK (AP) Stock futures are rising after the government said the trade deficit rose more than expected in September, due to an increase in imports. The Commerce Department says the trade deficit jumped 18. (KGW Northwest NewsChannel 8, OR -- Business)
US trade gap widens unexpectedly Nov 14, 2009
The US trade deficit unexpectedly widened in September by the largest amount in 10 years, figures show ... The trade deficit had fallen sharply this year as the US economy went through a deep recession and the US dollar plummeted in value. (BBC News -- Americas)
Currency Falls From Three-Week High as Stocks, Commodities Prices Decline Nov 13, 2009
The nations trade deficit narrowed in September to C$1. 8 billion from C$2 billion the previous month, according to the median forecast of 20 economists in a Bloomberg survey. (Bloomberg -- Canada)
Stocks Fall as Dollar Rebounds Nov 13, 2009
The September U.S. trade deficit is expected to widen by $0. 7 billion to $31. (BusinessWeek)
A challenge: How would you pay for troops? Nov 13, 2009
The main problem is that of the growing trade deficit not enough Americans are buying things made here especially when it comes to high-tech. It s complex there are no easy answers, but it s definitely worth looking into. (Atlanta Journal-Constitution -- Opinion)
Geithner Affirms Support for a Strong Dollar Nov 12, 2009
A weaker dollar could boost U.S. exports by making them less expensive abroad, lifting the nation's growth and cutting its trade deficit. Geithner also said he sees "no contradiction" between the U.S.'s policy of bolstering its exports and its strong-dollar policy. (SmartMoney)
UK trade gap widens in September Nov 11, 2009
The UK trade deficit widened more than expected in September, led by a jump in car imports as Britain's scrappage scheme helped foreign carmakers ... September's overall trade deficit was the biggest since January. (BBC News -- Business)
Strong dollar "very important" for US, says Geithner Nov 11, 2009
com - Strong dollar very important for US, says Geithner. " onclick="Next();" src="/images/butt_next. (Channelnewsasia.com)
Economists Forecast For 2010 Looks Better, Relative To This Year Nov 11, 2009
" The forecast said that Indiana will add up to 50,000 jobs during 2010. Government, construction and healthcare services will fare relatively better than other major sectors. Joblessness will remain a challenge, with the gradually shrinking unemployment rate still well above long-term averages at year's end. Here are other highlights from today's forecast: The housing market will show some growth; but, like the overall economy, it will be muted. Home prices are expected to rise slowly in most... (Science Daily)
'Strong dollar important for US' Nov 11, 2009
US officials ritually express their backing for a "strong dollar" but have done nothing to arrest its slide, which many see as necessary to reduce the big US trade deficit ... US officials ritually express their backing for a "strong dollar" but have done nothing to arrest its slide, which many see as necessary to reduce the big US trade deficit. (India Times)
'Capital inflows not a concern now' Nov 11, 2009
Capital inflows not a concern now: Financial Secretary- Finance-Economy-News-The Economic Times. Capital inflows not a concern now: Financial Secretary11 Nov 2009, 1100 hrs IST, REUTERS. (India Times)
* Asian nations bear brunt of dollars prolonged slide Nov 10, 2009
US officials ritually express their backing for a strong dollar, but have done nothing to arrest its slide, which many see as necessary to reduce the big US trade deficit and support struggling US exporters. Beijing for its part re-pegged the yuan to the US dollar in July last year as the global financial crisis hit its exports. (Taipei Times, Taiwan -- World)
Uganda: Foreign Debt Will Be Out of Control By 2015 Nov 9, 2009
The trade deficit has more than doubled from $1,061. 1 million in 2004 to $2,801. (allAfrica.com)
* US investigates more Chinese exports Nov 8, 2009
They blame Chinas exchange rate practices for a big chunk of the US trade deficit with China, which totaled US$143. 7 billion in first eight months of this year. (Taipei Times, Taiwan -- Sports)
Trade Gap in U.S. Probably Widened as Economic Growth Drew In More Imports Nov 8, 2009
Nov. 8 (Bloomberg) -- The trade deficit in the U.S. probably widened in September, reflecting increasing demand for foreign oil and automobiles as the economy grew, economists said before reports this week ... U.S. consumers are coming back and the trade deficit is starting to push back out. (Bloomberg -- US)
Dogs vs. SUVs vs. the earth, debunked Nov 7, 2009
" But his election did not cure all of the problems in the American system. Seventeen years ago you, a young senator from Tennessee, and Bill Clinton, a young governor from Arkansas, moved into the White House on the promise of change. Clinton played the saxophone and there was a feeling of spring in the air. Why has it been so much tougher for Barack Obama? It was hard for us, too. Just remember the resistance to our healthcare reform bill. Obama's progress on healthcare has already surpassed... (Salon)
Austrian foreign trade down significantly Nov 7, 2009
The foreign trade deficit was nine times more than the previous period, increasing from 283 ... Austria's trade deficit with the EU for the first eight months reached 2. (Xinhuanet, China)
Wall Street week ahead Retailers' results to test confidence Nov 7, 2009
Friday the 13th is the day to note, when the US international trade deficit for September will be released, along with October's import and export prices. The first reading for November on consumer sentiment will also be given that day by the Reuters/University of Michigan Surveys of Consumers. (Sydney Morning Herald -- Business)
US hits China pipes with tariffs Nov 6, 2009
US and Chinese officials held talks in China in October on trade, clean energy and climate change amid the simmering trade disputes in several areas, claims of protectionism and a wide US trade deficit with China. Bookmark with. (BBC News -- Americas)
The geek in charge at the Department of Energy Nov 6, 2009
As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist. Therefore, more and more Americans begin to realize that the right response to the climate challenge will also help with the economy and a more balanced budget. (Salon)
China defends export restrictions Nov 6, 2009
There are a number of simmering trade disputes between the two countries covering several areas, with counter-claims of protectionism and a large US trade deficit with China. The US wants to see Chinese restrictions lessened on US agriculture, pharmaceuticals, telecommunications and business services, and improved protection of intellectual property rights and co-operation on clean energy technology. (BBC News -- Americas)
Trade gap widens less than expected Nov 5, 2009
The country's trade deficit totalled $1 ... We anticipate that the trade deficit will become entrenched over the next twelve months, Mr Joiner said with net exports likely to be a drag on GDP growth in the quarter. (Sydney Morning Herald -- Business)
LETTER: Government reform, not health reform, needed Nov 5, 2009
We have a government that has given out 700 billion in stimulus funds with no accountability, but has done little to create jobs, start new businesses, stopped foreign dumping of all products into our market, lower the foreign trade deficit, our government deficit, etc. We have a government that does nothing to live within a budget, but continues to spend, spend, spend. (Mattoon Journal-Gazette, IL)
New Zealand Dollar Weakens After Jobless Rate Increases to Nine-Year High Nov 5, 2009
The trade deficit was smaller than we had been anticipating and reduces the risk of a negative third-quarter GDP print in mid-December, , senior economist at RBC Capital Markets Ltd. in Sydney, wrote in a note to clients. The numbers are modestly supportive of the Australian dollar and may weigh slightly on bonds. (Bloomberg -- Australia & New Zealand)
* The PRCs malign currency policy Nov 5, 2009
In a normal world, the dollars weakening would be welcome, as it would help the US come to grips with its unsustainable trade deficit ... So far this year, Chinas surplus has accounted for 75 percent of the total US non-oil-goods trade deficit ... The scale of recent US trade deficits was always unsustainable, and the dollar has therefore fallen against the yen, the euro, the Brazilian real and the Australian and Canadian dollars. (Taipei Times, Taiwan -- World Business)
China: U.S. partner, or rival? Nov 4, 2009
4: China is the world's biggest exporter, recording a trade surplus in the last 12 months of $250B. The United States is the world's biggest importer, with a trade deficit of $575B over the last year. By one reckoning, one in every eight dollars of the U.S. trade deficit is due to just one company, Wal-Mart, which is the biggest single importer of Chinese goods into the U.S.. (CNN -- International)
Buffett Revisits Hunting Ground for Survivors Nov 4, 2009
Railroads are a play on the trade deficit because this is how we haul all those containers of stuff imported from Asia. In recent years, they have become somewhat like electric utilities that earn a respectable return on capital. (Bloomberg -- Columnists)
Hair of the dog Nov 3, 2009
But, by pushing up public and private debt, expanding government, deepening trade deficits, and pushing down savings rates, these interventions have succeeded only in putting the ... Since the increase in consumption outpaced the increase in production, the trade deficit expanded, reversing the positive trend for most of 2008 and 2009. (Asia Times Online)
Democrats round on Bush over trade gap Nov 1, 2009
Democrats rounded on the Bush administration as figures released on Tuesday showed the US trade deficit widened to an all time record of $764bn last year ... The politically sensitive trade deficit with China increased 15. (Yahoo News -- U.S. Budget)
* US, PRC hold key trade talks before Obama visit Oct 30, 2009
The US trade deficit with China is the widest Washington has with any country, totalling US$143. 7 billion in the first eight months of this year, down 15. (Taipei Times, Taiwan -- World)
US, China huddle for high-level trade talks Oct 29, 2009
The US trade deficit with China is the widest Washington has with any country, totalling 143. 7 billion US dollars in the first eight months of 2009, according to US data -- down 15. (Sydney Morning Herald -- World)
A New Round of U.S.-China Trade Talks Oct 28, 2009
In the first eight months of this year, the U.S. trade deficit with totaled $143. 7 billion down 15% over the same period in the previous year because of the. (BusinessWeek)
Abolishing risk destroys wealth Oct 28, 2009
provides the Merk perspective on currencies, global imbalances, the trade deficit, the socio-economic impact of the US administration's policies and more. You can for the Merk newsletter and follow his blog. (Asia Times Online)
FACTBOX-U.S.-China interdependence transcends trade Oct 28, 2009
The U.S. trade deficit with China has grown steadily since 1985, when its exports to China were worth $3. 86 billion, $6 million less than the value of Chinese shipments to the United States. (AlertNet)
FYR Macedonia -- 2009 Article IV Consultation, Concluding Statement Oct 28, 2009
The mission expects the current account deficit to narrow to 9 percent of GDP in 2009, due largely to a smaller trade deficit and to the recent recovery in private transfers. Foreign exchange reserves, after reaching a low of 1. (IMF News)
Approves blending of Ethanol into gasoline Oct 28, 2009
During the meeting, the Finance Ministry briefed the ECC on the national economy as well, saying the trade deficit improved by 44. 7 percent to $3. (Daily Times, Pakistan)
