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EU making necessary response to balance steel industry

19/11/2008

It is reported that steel demand globally, in the EU in particular, has hugely declined as the financial crisis has pushed the economy to recession. The steel using sectors hit most directly are construction, automotive and the sectors which supply them, such as suppliers of equipment and parts and components. All of these sectors are steel intensive.

The new world trade order under President Obama?

18/11/2008

The most exciting and historic election campaign has just ended and Americans have elected their first African-American President. This election has attracted an unprecedented attention from the rest of the world who looked at this as a watershed in America’s role in the world repelled by Bush’s unilateralism and interventionist policies which unfairly made the world perceive America as arrogant yet incompetent despite being the world’s only remaining superpower.

Dumping investigations surge by 39%

18/11/2008

The World Trade Organisation (WTO) has reported that there was a 39% surge in initiations of antidumping investigations from January 1 to June 30, compared with the figure for the corresponding period last year.

Dried fruit producers fight against cheap Greek imports

18/11/2008

Australian dried fruits producers have won the first stage of their case against the dumping of Greek currants on the Australian market.

China restrained in poll reaction

18/11/2008

CHINA is responding to Barack Obama's election in a more complex way than the straightforward jubilation felt around most of the rest of the world.

Seek damages from U.S. over CWB: Easter

18/11/2008

Canada should demand compensation from the U.S. government for damages, legal bills and lost profits stemming from its latest failed trade action against the Canadian Wheat Board, says federal ag critic Wayne Easter.

SA Customs Union may resume talks with the US

18/11/2008

A high-ranking government official has hinted that the Southern African Customs Union (Sacu) may resume free trade talks with the US following the election of Democratic candidate Barack Obama to America's high office. Trade and Industry Director-General, Tshediso Matona, says Obama's election can result in a mutually beneficial trade term with the US. Matona was speaking to journalists in Cape Town this morning.