Archive For July 2009
India Pitted Against with China in Ban Game
on July 29, 2009 by admin in China Business News, World Business, Comments (0)
China has warned India that it would also clamp restrictions on Indian food products including seafood and sesame oil if India did not remove ban on its dairy products. China […]
ASEAN-China FTA May Hit the Indonesian Roadblock
on July 28, 2009 by admin in ASEAN News, Bilateral Trade, World Business, Comments (0)
Indonesian Textile Association (API) warned that the China-ASEAN FTA in the present form would not be accepted, and appealed not to overlook industry needs. Deputy Chairman of API, Ade Sudrajat […]
Slowdown and Piracy Sink Suez Canal Revenues
on July 27, 2009 by admin in Egypt News, Shipping News, World Business News, Comments (0)
Suez Canal, Egypt’s major foreign currency earner and world’s busiest international trade routes has slashed its revenue by 7.2 percent owing to decline in traffic triggered by global economic crisis […]
China Set to Become the Largest Exporter
on July 25, 2009 by admin in Business, Economy, Trade News, Comments (0)
The WTO chief economist Patrick Low stated the European economy’s poor performance would make Germany lose its largest exporter tag to China soon. He made such a remark while he […]
Venezuela, a One-time Coffee Exporter Turns Importer
on by admin in Economy, Export News, News, World Business, World Business News, Comments (0)
Venezuela’s dismal harvest in 2008-09 has placed one of the coffee-dependent nations in terms of production and consumption to look out for supplies from outside for the first time after […]
The EU Agency Rejects Hype on Health Claims of Food Products
on July 22, 2009 by admin in Business, Economy, World Business News, Comments (0)
The EU’s food safety agency EFSA has rejected the claims of about 65 food products of their unproven health benefits through its scientific investigation. The EFSA’s (European Food Safety Authority) […]
Latin American Economies Have to Wait Despite Green Shoots
on July 18, 2009 by admin in Business, News, Trade News, World Business News, Comments (0)
The UN Economic Commission on Latin America and the Caribbean (ECLAC) in its latest economic forecast stated that though the economies were showing signs of recovery but the desirable growth […]
Benin will be a Rice Exporting Nation under the FAO Guidance
on July 17, 2009 by admin in Africa News, Business, World Business, Comments (0)
According to the United Nations Food and Agriculture Organization’s (FAO) press release, Benin has the potential to become self-sufficient rice exporting nation in the coming years owing to its productive […]
Saudi Arabian Citizenship for Long-term Expats
on July 15, 2009 by admin in Business, Economy, News, World Business, World Business News, Comments (0)
According to sources, Saudi Arabia is understood to have informed the International Labour Organisation (ILO), the Geneva-based world labour body that it has plans of considering its expats into naturalization […]
Geithner Trip to Guarantee Investment Safety to the Mid-East
on July 13, 2009 by admin in Economy, GCC News, World Business, Comments (0)
The US Treasury Secretary Timothy Geithner in his two-day visit to the Middle East is likely to make serious effort to allay his country’s largest investor region’s fears over the […]
Fake Items are on the Rise in the EU – Seizures Double
on by admin in Business, Trade News, World Business, World Business News, Comments (0)
The European Commission in its latest report stated the customs seizures of fake goods have grown by about 125 percent in 2008 from the previous year. It said China maintained […]
ISA Virus puts the Chilean Salmon Trade in Dire Straits
on July 9, 2009 by admin in Business, Economy, News, World Business, Comments (0)
The spread of infectious salmon anaemia (ISA) among salmonid farming population has pushed the Chilean fishing industry to a full-fledged crisis. The industry is confronted with problems including unemployment, rising […]
Korea Plans to Include Overseas Partners in its e-Trade
on July 6, 2009 by admin in Business, E-Commerce, Economy, Comments (0)
South Korea is planning to popularize the domestic e-trade initiative called uTradeHub among international traders, and for which the government has already approached Libya, Uzbekistan, Mongolia and Romania. The uTradeHub […]
Jordan to prepare Blueprint on Arab Transport Inter-linking
on July 4, 2009 by admin in Business, Trade News, World Business News, Comments (0)
At a press meet in Amman, Mohammad Twaijri, assistant secretary general of the Arab League for Economic Affairs stated that Jordan had been chosen to head a technical committee to […]
India Strikes Hi-Grade Uranium 600km away from Bangalore
on July 3, 2009 by admin in Business, World Business News, Comments (0)
The nondescript Gogi village in Gulbarga district about 600km away from Bangalore will soon become the uranium capital of India with its serendipity of superior uranium discovery, the highest value […]