Cameron tells EU new terms needed

Jun 26, 2015

Cameron tells EU new terms needed

British Prime Minister David Cameron told European Union leaders Thursday he needs a new deal to keep Britain as a member, opening a struggle over the bloc’s future at a summit preoccupied with keeping Greece from crashing out. Freshly re-elected last month, Cameron faces ...

China hints it will end ivory trade

Jun 26, 2015

China hints it will end ivory trade

In the struggle to curb the slaughter of elephants, conservationists are hailing as a possible game-changer the unexpected pledge by a senior Chinese official to stop the ivory trade in a country whose vast, increasingly affluent consumer market drives elephant poaching across Africa. Now ...

Jun 24, 2015

Amari says TPP agreement is possible in July

Economic and Fiscal Policy Minister Akira Amari said Wednesday the 12 countries negotiating a Pacific Rim free trade initiative can reach a broad agreement by the end of July, as U.S. Congress has neared passage of a bill that is crucial to concluding the ...

Trade could make or break Obama pivot to Asia

| Jun 18, 2015

Trade could make or break Obama pivot to Asia

Critics have long predicted that President Barack Obama’s policy to shift America’s focus toward Asia is doomed. The legislative battle over his trade agenda could prove the acid test. Legislation to smooth the way for a free-trade pact with 11 other Asia-Pacific nations hit ...

Trade deficit shrank 76.5% in May compared with year earlier

Jun 17, 2015

Trade deficit shrank 76.5% in May compared with year earlier

The trade deficit shrank 76.5 percent in May from a year earlier to ¥216.0 billion as declining crude oil prices continued to push down imports, the government said Wednesday. But the trade balance remained in the red for the second consecutive month, due partly ...

Clinton backs TPP foes, complicating Obama push

Jun 16, 2015

Clinton backs TPP foes, complicating Obama push

Hillary Rodham Clinton complicated President Barack Obama’s quest for fast-track authority on his Pacific Rim trade pact Monday by throwing her support behind fellow Democrats who revolted against the measure last week, while the U.S. Congress further delayed action on related legislation. Clinton’s criticism ...

China to extend economic diplomacy to EU infrastructure fund

Jun 14, 2015

China to extend economic diplomacy to EU infrastructure fund

China will pledge a multibillion-dollar investment in Europe’s new infrastructure fund at a summit on June 29 in Brussels, according to a draft communique seen by Reuters — Beijing’s latest round of checkbook diplomacy to win greater influence. While the exact amount is still ...