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October 7, 2008 8:39:27 PM CDT


Stories related to: exports

Stories

Stories 1 - 20 of 32

  • September 2008
    • Rally Fizzles Despite Oil's Drop

      Rally Fizzles Despite Oil's Drop

      (Newser) - An early rally faded today and the markets closed with mild losses, the Wall Street Journal reports. Oil fell $5.75 as Gulf Coast oil-production facilities appeared to have emerged mostly unscathed from Hurricane Gustav, but the news failed to give equities lasting momentum. The Dow closed down 26.63, at 11,516.92. The Nasdaq fell 18.28, to 2,349.24, while the S&P 500 lost 5.27 to settle at 1,277.56. More »

      Tags

      Dow Jones   S&P 500   Nasdaq   Hurricane Gustav   oil prices   exports   US exports

  • August 2008
    • GDP Grew More in Q2 Than First Reported

      GDP Grew More in Q2 Than First Reported

      (Newser) - GDP growth was higher than initially reported in the second quarter, the Wall Street Journal reports. Commerce Department revisions put the increase at a seasonally adjusted 3.3% annual rate—the original estimate was 1.9%. Businesses decreased their inventories less than previously thought. At the same time, exports rose more than thought, while imports fell more. More »

      Tags

      economy   unemployment   exports   GDP   economic growth   imports   Commerce Department   unemployment benefits   inventory growth

    • China Overtakes US as Top Market for Japan Goods

      China Overtakes US as Top Market for Japan Goods

      (Newser) - China imported $11.8 billion in Japanese goods in July, MarketWatch reports, barely surpassing the US as the world’s largest importer of products and services from Japan for the first time. The 11.5% drop in shipments to the US was the 11th consecutive month of declines; exports to China rose 16.8%, and shipments to Western Europe rose 4.1% More »

      Tags

      China   Japan   United States   exports   US imports

    • As Darfur Starves, Sudan Exports Staples

      As Darfur Starves, Sudan Exports Staples

      (Newser) - As the UN trucks in food to millions of starving people in Darfur, Sudan is exporting important staple crops to other nations, the New York Times reports. Critics charge the government profits on big agribusiness while receiving more free food in aid than any other nation in the world. But Sudanese officials claim it marks a move away from an oil-based economy toward agricultural self-sufficiency. More »

      Tags

      United Nations   Sudan   Darfur   agriculture   exports   trade   starvation   food aid

  • July 2008
    • Rich Countries Getting Soaked for a Change

      Rich Countries Getting Soaked for a Change

      (Newser) - As the US and other developed economies feel the crunch of a housing collapse and credit crisis, emerging economies, especially those fueled by commodities, have yet to feel the pinch, the Washington Post reports. "We are overloaded with money, crazy amounts of money from the energy market," a professor says of oil-rich Russia. More »

      Tags

      China   Japan   India   economy   Europe   exports

    • Distillers Like Taste of Bourbon Boom

      Distillers Like Taste of Bourbon Boom

      (Newser) - Kentucky bourbon is popular in the likes of Russia and China as drinkers worldwide flock to the US drink, the AP reports. A weak dollar, rising exports, and a bourbon trend among young Americans are also fueling the boom. "Younger consumers are interested in drinks that were, you might say, their grandfathers' drinks," said Max Shapira, president of Heaven Hill Distilleries in Kentucky. More »

      Tags

      alcohol   exports   Kentucky   US exports   liquor   beverages   expansion   drink   distillery

  • June 2008
    • Export Bans Push Food Costs Even Higher

      Export Bans Push Food Costs Even Higher

      (Newser) - Alarmed by high food prices and shortages worldwide, some 29 countries are banning or reducing exports of foods to make sure they have enough at home. Such limitations pose a threat to countries that rely on imports, forcing prices up further, the New York Times reports. What’s more, the restrictions are in turn fueling private hoarding. "People are in a panic, so they are buying more and more—at least, those who have money are buying,” a Philippine rice vendor tells the Times. More »

      Tags

      food prices   exports   food shortage   rice   World Trade Organization.   food scare

  • April 2008
    • Asian Inflation Zapping US Pocketbooks

      Asian Inflation Zapping US Pocketbooks

      (Newser) - Cheap Asian imports have helped keep American inflation down for decades—but those days appear to be over, the New York Times warns. Rapidly rising costs of fuel, food and labor in countries like China, Vietnam, and Taiwan are beginning to be passed on to their export markets, just as the American dollar weakens and recession looms. More »

      Tags

      China   inflation   US dollar   Vietnam   exports   Asia   US imports

    • Crisis Looms as Rice Prices Soar

      Crisis Looms as Rice Prices Soar

      (Newser) - Rice feeds half the world's population, but this year there isn't enough to go around and prices have risen by 50% over the last two weeks alone. Population growth is outpacing production, and stocks are at a 30-year low after droughts decimated harvests in China and Australia. Countries are banning rice exports and punishing hoarders to prevent looming food riots, the Guardian reports. More »

      Tags

      climate change   India   McDonald's   exports   Asia   consumer prices   drought   Bangladesh   rice   food riots   rice prices   wheat prices

  • March 2008