Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The U.S. trade deficit surged to the widest imbalance in more than three years in January as imports hit an all-time high, the Commerce Department reported Friday. The increase in imports reflects the growing demand for foreign made cars, computers and food [...]

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – World Bank President Robert Zoellick plans to leave his post after five years when his term expired on June 30. Zoellick began his term under President George W. Bus. He previously served the Bush administration as deputy secretary of state and U.S. Trade [...]

Even as their foreign secretaries meet at Thimphu, Pakistani traders have urged the governments of Indian and Pakistan to boost economic activities to fight poverty and unemployment across the … View full post on All Stories

Issued by the UN Economic Commission for Latin America and the Caribbean (ECLAC) and the UN International Labour Organization (ILO), the study noted that international trade and financial conditions, as well as the upturn in domestic demand resultin View full post on All Stories

Obama will convene a one-day summit of corporate chief executives Wednesday, seeking to incorporate their ideas into a new agenda on trade, tax, regulatory issues and the deficit. View full post on All Stories

The Chinese economy released today data on the trade balance, exports and imports during the month of November, where the actual reading for the trade balance showed a surplus value of $ 22.89 billion compared to the previous reading of $27.15 billion, where as forecasts where referring to a surplus. View full post on All [...]

Obama was due on Saturday to make a public statement on the pact with South Korea, which has been held up for three years because of U.S. auto and beef industry concerns. President Barack Obama on Saturday was expected to start building the case for approval of a free-trade agreement with South Korea that he [...]

AHN News Staff New Delhi, India (AHN) – India and Russia, who have been friends since the days of India’s first prime minister Pandit Jawaharlal Nehru, are now ready to go beyond the traditional bilateral issues of military, space and strategy. This was the unanimous feeling emerging out of a recent meeting between India’s External [...]

AHN News Staff Ottawa, Ontario, Canada (AHN) – The Justice Ministry is warning in a legal brief that Ontario runs the risk of being Canada’s prostitution hub. The warning was made just a week before an Ontario Superior Court ruling permitting sex trade workers to openly solicit customers takes effect in the province. The landmark [...]

Computerworld – A report being prepared for the White House by the U.S. Department of Commerce calls on the Obama Administration to examine whether the Federal Trade Commission (FTC) should be vested … View full post on All Stories

President Barack Obama didn’t reach an agreement with South Korea over a free trade agreement that would boost U.S. economy as China fought back on currency issue. View full post on All Stories