G20 seeks to enhance trade growth in face of protectionism - China
SHANGHAI In the face of a "worrying" rise in protectionism, trade ministers from the world's major economies have agreed to cut trade costs, increase policy coordination and enhance financing, China's Commerce Minister Gao Hucheng said on Sunday.The Group of 20 trade ministers, who wrapped up a two-day meeting in Shanghai on Sunday, approved a broad trade growth strategy aimed at reversing a slowing in global trade, and backed guiding principles for global investment policymaking."The global r..>> view originalSenate approves national GMO labeling standard
Several big name corporations, including Pepsi and Coca-Cola, already pulled their products out of Vermont grocery stores as a response. This bill would preempt any state law. As American Farm Bureau Federation President Zippy Duvall told The Wall Street Journal: "This bill is not perfect, but it would avoid the chaos of 50 different state laws and a confusing array of labels for ingredients scientifically proven safe." Besides giving companies a single set of requirements for the whole country..>> view originalEssar suppliers owed at least $74 million
ST. PAUL — Gov. Mark Dayton was frustrated and even publicly angry at times the past nine months while negotiations stumbled along with Essar Steel Minnesota on making good on delinquent payments to contractors and vendors for work at the company’s Nashwauk taconite plant site.Essar was also obligated to repay the state $67 million in grants made to Itasca County and the City of Nashwauk for infrastructure related to the planned $1.9 billion pellet plant.But DFL state Rep. Tom Anzelc of Balsam ..>> view originalHow to dodge annoying fees when traveling abroad
Laura McMullen, NerdWallet 6:32 a.m. EDT July 10, 2016People traveling abroad need to be vigilant about fees.(Photo: iStockphoto)Fees can chip away at your international travel budget. Each time you use your credit card or withdraw cash, you may be racking up fees that could have gone toward scuba-diving lessons or a frosty gelato. But you don’t have to pay fees. Here’s how to identify and avoid fees when you travel abroad.Foreign transaction feesThe fee: Foreign transaction fees, u..>> view originalPayrolls Were Loud This Month, As Last
As it currently stands in the headline BLS figures, the Establishment Survey greatly rebounded to + 287k from a downward revised +11k in May. There is this month, just as last month, too much emphasis on the monthly payroll figure as it is more often than not noise. We can only hope the drastic extremes of the past two months may have finally injected a more cautious approach to what has always been a statistical process. Two payroll reports ago, one that was taken as "ugly", I wrote: There is v..>> view originalGap Crushes It In June, And A Note Of Caution
Click to enlarge Gap (NYSE:GPS) has been mercilessly punished in the past year or so, as its status as a dividend stock has recently been overshadowed by some pretty horrible numbers. After the Q1 report in May, the stock was trading for $18, and I said at the time that the 5% yield and the prospect of a turnaround made Gap a buy. We are a couple of months on from that recommendation and shares are up over four bucks to nearly $23 off of a strong June sales number. Is this the turnaround we've..>> view original3 Terrible Reasons to Sell Amazon.com, Inc. Stock
Shares of Amazon (NASDAQ:AMZN) have soared nearly 70% over the past 12 months, extending its 250% gain over the past five years. After that big rally, some investors might be wondering if it's finally time to sell the stock. However, many of the bearish arguments against Amazon simply don't make much sense for long-term investors. Let's examine three such flawed arguments -- and why you shouldn't sell Amazon based on those fears. 1. Brexit After Britain stunned the world by deciding to leave t..>> view original
Thursday, July 14, 2016
G20 seeks to enhance trade growth in face of protectionism - China and other top stories.
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