bilateral trade

3 Stories

How Australia Dodged the Recession

How one country ducked the economic downturn

(Newser) - Australia has weathered the financial crisis better than any other developed country. Last week its central bank raised interest rates, indicating its primary concern is now inflation, not growth. What were the keys? Phil Dobbie of BNET explains:
  • Befriending China: Australia used to export much of what it made to
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Clinton Aide Met With Colombians on Trade Deal

Penn, in job as lobbyist, hired to promote accord candidate opposes

(Newser) - Hillary Clinton’s chief strategist met with Colombia’s ambassador to the US this week on a trade deal the Democratic candidate opposes—in his capacity as a lobbying executive, the Wall Street Journal reports. Mark Penn's firm, Burson-Marsteller, was paid $300,000 to fight for the bilateral accord, which... More »

Mao Offered US 10M Chinese Women

He joked to Kissinger in 1973 that his nation had way too many

(Newser) - China’s Mao Zedong once jokingly offered the US 10 million women from his poor, overpopulated country to kickstart bilateral trade, the BBC reports. Other talks covered the Soviet threat, but during one chummy meeting with Henry Kissinger in Beijing in 1973, Mao said China’s female influx produced too... More »

3 Stories