Fri, 10 Oct 2008 23:32:57 GMT
Trade gap narrows in August on lower oil prices (Reuters via Yahoo! News)
Cheaper imported oil helped shrink the U.S. trade deficit in August, normally a boost for economic growth but this time not enough to tamp down fear that financial turmoil has already set in train a major downturn.
Fri, 10 Oct 2008 18:44:00 GMT
Trade agreements: Wealth for all (Politico via Yahoo! News)
The old free trade mantra was that all boats were lifted with the rising tide of globalization.
Fri, 10 Oct 2008 19:52:41 GMT
Ag futures fall on Chicago Board of Trade (AP via Yahoo! News)
Agriculture futures slid Friday on the Chicago Board of Trade.
Fri, 10 Oct 2008 16:59:46 GMT
Uganda urges regional trade to stave off financial crisis (AFP via Yahoo! News)
East African nations can limit the impact of the global financial crisis by focusing on regional trade, Ugandan State Minister for Trade Nelson Gagawala Wambuzi said Friday.
Fri, 10 Oct 2008 16:02:45 GMT
US trade gap shrinks amid softer global economy (AFP via Yahoo! News)
The US trade deficit fell 3.5 percent in August to 59.1 billion dollars amid a drop in imports and weaker oil prices, government data showed Friday.
Fri, 10 Oct 2008 14:33:49 GMT
WTO chief calls meeting to discuss crisis impact on trade finance (AFP via Yahoo! News)
The World Trade Organisation chief on Friday invited heads of development and commercial banks to a meeting in Geneva next month to discuss the impact of the economic crisis on trade finance.
Fri, 10 Oct 2008 14:52:20 GMT
NATO joins war on Afghan opium trade (AFP via Yahoo! News)
NATO forces will from now on directly target Afghanistan's opium trade to stop hundreds of millions of dollars in drug money from reaching Taliban-led insurgents, the alliance announced on Friday.
Fri, 10 Oct 2008 13:19:43 GMT
Trade Deficit Shrinks as Oil Imports Slow (New York Times)
The U.S. trade deficit declined 3.5 percent in August, the government reported, and is expected to shrink further as a severe economic slump depresses demand for oil and other goods.
Fri, 10 Oct 2008 13:02:38 GMT
U.S. trade gap narrows in August on lower oil prices (Reuters via Yahoo! News)
Falling oil prices helped narrow the U.S. trade deficit in August, while both exports and imports retreated from records set in July, the U.S. Commerce Department said on Friday.
Fri, 10 Oct 2008 12:37:02 GMT
Trade finance booms amid global crisis (Washington Post)
GENEVA (Reuters) - Business is booming in the trade finance market as exporters and importers return to a tried and tested form of credit amid the chaos of the financial crisis, bankers in the sector say.
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