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  • ND officials eager to expand trade with Cuba Thursday, 18 Dec 2014 | 8:38 AM ET

    BISMARCK, N.D.— The Obama administration's move to restore diplomatic relations with Cuba could lead to increased sales of North Dakota crops to the communist island nation, though some issues would need to be sorted out, officials say. Over the past 12 years, the state has exported an average of about $1 million worth of agricultural goods to Cuba annually...

  • Cubans hope for better future with US-Havana deal Thursday, 18 Dec 2014 | 8:02 AM ET

    HAVANA— Cubans cheered the surprise announcement that their country will restore relations with the United States, hopeful they'll soon see expanded trade and new economic vibrancy even though the 53- year-old economic embargo remains in place for the time being. Bells tolled in celebration and teachers halted lessons midday as President Raul Castro told...

  • PUTIN SAYS RUSSIAN GOVT CONSIDERED BRIEFLY BANNING IMPORTS OF NEW AND OLD FOREIGN CARS, BUT AT CURRENT ROUBLE RATE IT IS NOT ECONOMICALLY VIABLE.

  • *China allows imports of Syngenta corn MIR 162. BEIJING/ CHICAGO, Dec 18- China has approved the import of a genetically modified corn strain it blocked last year, causing market turmoil, and has given clearance to biotech soybeans that had been waiting years for clearance, in a sign of improving relations with the United States. Agriculture secretary Tom Vilsack...

  • *Belarus is close ally of Russia and main trading partner. MINSK, Dec 18- Belarussian President Alexander Lukashenko has demanded that Belarus's transactions with Russia be settled in dollars or euros because of the slump in the value of Russia's rouble, the official news agency Belta reported on Thursday. The Russian rouble suffered its largest intraday loss...

  • Dec 18- Chinese government approval for imports of a controversial type of Syngenta AG biotech corn increases the likelihood the seed maker will pay settlements to more than 100 U.S. farmers and exporters suing for damages from grain shipments rejected by Beijing, lawyers said. Agriculture Secretary Tom Vilsack, who cited talks with Chinese Vice Premier Wang...

  • Progress in US-China ties bodes well for trade  Wednesday, 17 Dec 2014 | 10:33 PM ET

    The latest trade talks yielded results that will benefit sectors like agriculture, as U.S.-China relations gained positive momentum, says Haiyan Wang, Managing Partner at the China India Institute.

  • WASHINGTON, Dec 17- Democratic Senator Ron Wyden, chairman of the U.S. Senate Finance Committee, asked the International Trade Commission on Wednesday to begin a study of the economic impact on the United States of current restrictions on exports to Cuba. He said the study, ordered in light of President Barack Obama's easing of trade restrictions on Cuba, would...

  • Dec 17- The United States move to normalize relations with Cuba could pave the way for Sherritt International Corp to export nickel and cobalt to one of the biggest markets in the world, the miner's Chief Executive David Pathe told Reuters. Sherritt shares jumped as much as 36 percent on Wednesday after President Barack Obama moved to thaw a five-decade freeze...

  • *Egypt says confident Russia will honour contracts. MOSCOW, Dec 17- Russia, one of the world's main wheat exporters, is taking steps to restrict grain exports in an attempt to cool domestic prices, as it tackles a financial crisis linked to plunging oil prices and Western sanctions. A Russian grain exporters' lobby-- the National Association of Exporters of...

  • MOSCOW, Dec 17- Russia's Deputy Prime Minister Arkady Dvorkovich told grain exporters at a meeting on Wednesday that the government was using all informal instruments to restrict grain exports, two sources familiar with the matter told Reuters.

  • Obama-Castro: Has 'the fever' broken? Wednesday, 17 Dec 2014 | 12:27 PM ET
    Calle Ocho in Little Havana, Miami.

    Obama's move to normalize relations with Havana is raising the promise in South Florida that it will finally open up Cuba's economy.

  • Pope personally involved in US-Cuba diplomacy talks Wednesday, 17 Dec 2014 | 12:09 PM ET
    Pope Francis on his way to attend the Via Crucis during World Youth Day celebrations in July in Rio de Janeiro.

    Secret discussions between the U.S. and Cuban officials happened in Canada and the Vatican and included personal involvement by Pope Francis.

  • *Countries are Egypt, Turkey, India and Armenia. MOSCOW, Dec 17- Russia, one of the world's main wheat exporters, has cut grain exports to all but a few countries after imposing tougher quality checks, an exporters' lobby group said on Wednesday. A Russian grain exporters' lobby- the National Association of Exporters of Agricultural Products- wrote to the government to...

  • US current account deficit rises to $100.3 billion Wednesday, 17 Dec 2014 | 8:31 AM ET

    The Commerce Department said Wednesday that the deficit in the current account rose to $100.3 billion in the third quarter, up 1.9 percent from a revised $98.4 billion deficit in the April-June period. In the April-June period, the government had fined the French bank BNP Paribas $9 billion for violating sanctions against Iran, Sudan and Cuba.

  • U.S. current account deficit widens in third quarter Wednesday, 17 Dec 2014 | 8:30 AM ET

    WASHINGTON, Dec 17- The U.S. current account deficit unexpectedly rose in the third quarter as an increase in exports was offset by a rewidening of the secondary income shortfall. The Commerce Department said on Wednesday the current account gap, which measures the flow of goods, services and investments into and out of the country, rose 1.9 percent to $100.3...

  • US puts hefty duties on solar goods from China, Taiwan Wednesday, 17 Dec 2014 | 1:28 AM ET
    Vivint Solar technicians install solar panels on the roof of a house in Mission Viejo, Calif.

    The U.S. confirmed steep import duties on solar products from China and Taiwan on Tuesday which could inflame trade tensions between the countries.

  • WASHINGTON, Dec 16- The United States confirmed steep import duties on solar products from China and Taiwan on Tuesday in a decision that may inflame trade tensions between the two countries. Producers in China face separate anti-subsidy duties. The move is set to deal a heavy blow to China and Taiwan's solar panel shipment to the U.S. market in the short term,...

  • TOKYO, Dec 17- Japan's exports grew for a third straight month in November from a year earlier, but much more slowly than expected and despite a sharp fall in the yen as slowing demand in Asia and Europe dampened trade. "Exports to Asia and Europe were weak. "I still expect shipments to remain firm as the U.S. economy continues to help spur output in Asia and Japan.

  • Japan trade deficit grows despite drop in imports Tuesday, 16 Dec 2014 | 7:45 PM ET

    TOKYO— Japan logged a trade deficit in November, the 29th straight month of shortfalls, despite a slight decrease in imports thanks to the recent plunge in crude oil prices and Japan's return to recession. Japan's costs for oil imports sank 22 percent in November from a year earlier, reducing total imports by 1.7 percent from a year earlier to 7.1 trillion yen.