G20 Seoul summit agenda
The global currency war will likely dominate discussions at the G20 Seoul summit. Other issues on the agenda include global financial regulation, development gaps, and dealing with disruptive capital inflow and outflows.
US-South Korea free trade pact trips over autos, beef
The U.S.-South Korea free trade talks broke down as the two sides failed to resolve principal differences over U.S. beef and auto exports to South Korean markets, but Presidents Barack Obama and Lee Myung-bak said they still hoped the deal could be clinched.
Merkel calls for “sensible” exit strategy
In a wide-ranging and rambling speech during a luncheon at the G20 Business summit in Seoul, Korea, Germany’s chancellor Angela Merkel called for a “sensible” exit strategy from the global credit crisis.
UK-Korea seek increased trade and investment
Britain’s Prime Minister David Cameron and South Korean President Lee Myung-bak agreed to increase trade and investment between the two countries in a meeting prior to Thursday’s opening of the G-20 summit in Seoul.
US trade deficit narrows, but stays high with China
Goods and services trade deficit in the U.S. narrowed in the month of September from the previous month, but still remained high with China, according to a report released by the U.S. Commerce Department.
China FDI rises despite western concerns over business environment
Foreign Direct Investment (FDI) in China spiked up for 13th straight month in August, despite complaints from the US and European companies over alleged unfair business environment and the Chinese government's favors for domestic firms.
U.S. high-speed railway: a matter of cost and demand
The federal government has committed at least $8-billion (and counting) for the development of a nationwide high-speed intercity passenger railway system in almost three-dozen states. Rail advocates have long dreamed of an extensive railway grid that will provide clean, speedy, energy-efficient travel.