TPP deal as important as new aircraft carrier: Pentagon chief

Apr 7, 2015

TPP deal as important as new aircraft carrier: Pentagon chief

U.S. Defense Secretary Ash Carter waded into economic policy Monday, urging Congress to grant the president negotiating authority for a proposed Asia-Pacific trade deal. “Time is running out,” Carter told an audience at Arizona State University in Tempe. The U.S. and 11 other Asia-Pacific ...

Apr 6, 2015

Ukrainian leader lifts objections to vote on regional power

Ukrainian President Petro Poroshenko on Monday publicly lifted his objections to a referendum that could give more powers to the restive regions engulfed in more than a year of warfare, reversing his government’s previous position. Russia-backed separatists, however, dismissed Poroshenko’s gesture as meaningless. The ...

A year on, Putin's Ukraine gamble largely pays off

| Apr 5, 2015

A year on, Putin's Ukraine gamble largely pays off

A year since the start of the fighting in eastern Ukraine, Vladimir Putin may not have emerged the winner in his showdown with the West but he has not lost either. By supporting Ukrainian separatists, analysts say, he took a huge risk, but it ...

Apr 3, 2015

Rules of origin TPP dispute blocking Japan-U.S. auto deal

Rules of origin for automobile parts have emerged as a key stumbling block in Japan-U.S. auto trade talks held as part of efforts to conclude the Trans-Pacific Partnership trade pact, according to informed sources. Auto trade talks between the two countries have stalled due ...

Mar 31, 2015

U.S., Japan have 'significant gap' on auto market access

Acting Deputy U.S. Trade Representative Wendy Cutler said on Monday that “significant gaps” in the trade negotiations remain between the United States and Japan regarding access for U.S. automobiles in the Japanese market. “Japan has zero tariffs on autos and trucks, and yet access ...

Mar 23, 2015

British EU exit could hit GDP by 2.2 percent: study

Britain leaving the European Union could result in a permanent loss of 2.2 percent of the country’s gross domestic product by 2030, and the costs would not be offset solely by striking a free trade deal with its former partners, think tank Open Europe ...