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  • WASHINGTON, Dec 19- President Barack Obama on Friday said he would ban exports of goods, technology or services to Ukraine's Crimea region, and called on Russia to end its annexation of the region. In a statement, Obama said his order "is intended to provide clarity to U.S. corporations doing business in the region and reaffirm that the United States will not accept...

  • WASHINGTON, Dec 19- President Barack Obama on Friday said he would ban exports of goods, technology or services to Ukraine's Crimea region, and called on Russia to end its annexation of the region. Obama also authorized the Treasury Department to impose sanctions on individuals and companies operating in the region. In a statement, Obama said his order "is...

  • WASHINGTON— President Barack Obama says it will likely be a while before Capitol Hill begins a debate about possibly lifting the trade embargo with Cuba, which must be done by Congress. The news conference came two days after the president made the surprise announcement that he was moving to restore diplomatic relations with Cuba after half a century of Cold...

  • US companies clamor to do business in Cuba Friday, 19 Dec 2014 | 8:43 AM ET

    Some U.S. companies took immediate steps to enter the Cuban marketplace after Obama's move to end the trade embargo. The NYT reports.

  • US agriculture has big appetite for Cuba trade Friday, 19 Dec 2014 | 1:40 AM ET

    MINNEAPOLIS— U.S. agriculture has a big appetite for freer trade with Cuba. Major U.S. farm groups including the American Farm Bureau Federation and National Farmers Union, as well as leading agribusinesses such as Cargill Inc., have long advocated normalized trade relations with Cuba, a market of 11 million consumers just 90 miles off U.S. shores.

  • CHICAGO, Dec 18- China agreed to allow U.S. medicines and medical devices into local markets more quickly and open up its anti-trust procedures, U.S. U.S. and Chinese officials said they made progress on a range of issues at three-day Joint Commission on Commerce and Trade meetings, which aims to smooth out snags in a trade relationship worth more than $600 billion...

  • US-China trade talks in good momentum: Pro  Thursday, 18 Dec 2014 | 6:36 PM ET

    John Frisbie, President of U.S.-China Business Council, says trade talks between the two superpowers for the past week have been "good and inclusive."

  • Dec 18- Chinese government approval for imports of a controversial type of Syngenta AG biotech corn increases the likelihood the seed maker will pay legal settlements, said some lawyers for U.S. farmers and exporters suing for damages from grain shipments rejected by Beijing. Agriculture Secretary Tom Vilsack, ends uncertainty about Agrisure Viptera...

  • Dec 18- U.S. banks will be able to do more business in Cuba after the United States and the island nation agreed to restore diplomatic ties, but trade groups said their members will be slow to ramp up operations, fearing big penalties for mistakes. The U.S. Treasury Department said it expects to ease its sanction rules for banking in Cuba in the coming weeks.

  • Cuba overhaul could backfire in big way: Gutierrez Thursday, 18 Dec 2014 | 9:33 AM ET
    An American vintage car drives in front of the Capitolio, shortly after a live broadcast a speech by Cuban President Raul Castro about the re-establishment of official diplomatic relations with the U.S., on December 17, 2014, in Havana, Cuba.

    Businesses should not plan on plunking down money on investments in Cuba just yet, said a former U.S. Commerce Secretary.

  • 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...