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  • TORONTO, Jan 21- A surprise move by the Bank of Canada to cut interest rates on Wednesday could reignite Canada's housing market and renew fears of a bubble, just as the market had finally begun to cool after a five-year run to record prices. makes up about 11 percent of Canada's GDP and about one quarter of Canadian exports in 2013.. Canada's housing market paused in...

  • New Democrats in U.S. Congress join trade opponents Wednesday, 21 Jan 2015 | 4:54 PM ET

    WASHINGTON, Jan 21- More than half the new Democratic lawmakers in the U.S. Congress have signed a letter opposing the White House's request for authority to fast-track trade deals and an ambitious Pacific trade pact. Nine of the 16 new Democrats in the House of Representatives wrote to President Barack Obama on Wednesday to express "serious concerns" about...

  • Cuomo backs state exports overseas, plans trade missions Wednesday, 21 Jan 2015 | 3:03 PM ET

    Andrew Cuomo plans to launch a $35 million program to help New York companies export to established and emerging international markets while planning to lead trade missions in the coming year to Cuba, Mexico, Canada, Italy, China and Israel. His budget proposal Wednesday would put $25 million in a lending program for small businesses intended to leverage $50...

  • Venezuela is down to its last banker: China Wednesday, 21 Jan 2015 | 1:58 PM ET
    Venezuelan President Nicolas Maduro (R) gestures after decorating China's President Xi Jinping (L) with a Venezuelan sash during an official visit in Miraflores Presidential Palace, Caracas on July 20, 2014.

    Venezuela may be down to its last lifeline as oil prices continue to plummet, and the country needs financial backing more than ever.

  • WASHINGTON, Jan 21- The U.S. International Trade Commission said on Wednesday imports of solar products from China and Taiwan injure U.S. producers, clearing the final hurdle for import duties on the goods. The commission voted 5-0 against China and 4-1 against Taiwan. Mukesh Dulani, U.S. president of SolarWorld, hailed the ruling.

  • U.S. solar industry harmed by China, Taiwan imports -ITC Wednesday, 21 Jan 2015 | 11:23 AM ET

    WASHINGTON, Jan 21- The U.S. International Trade Commission said on Wednesday imports of solar products from China and Taiwan injure U.S. producers, clearing the final hurdle for import duties on the goods. ITC commissioners voted in favor of the complaint brought by the U.S. arm of German solar manufacturer SolarWorld AG in a bid to close a loophole that let...

  • President Barack Obama' s top Asia adviser on Wednesday said the president's request for trade promotion authority shows the administration's goal is to complete the trade pact with Asia this year. Evan Medeiros, senior director for Asia at the U.S. National Security Council, asked about the Trans-Pacific Partnership at an event at the Brookings Institution,...

  • Oil export losses to reach $300 billion in Middle East Wednesday, 21 Jan 2015 | 9:00 AM ET

    WASHINGTON, Jan 21- Losses from lower oil exports should sap up to $300 billion from economies in the Middle East and Central Asia this year, as countries in the region adjust to falling crude prices, the International Monetary Fund said on Wednesday. Economies that are particularly dependent on oil exports, including Qatar, Iraq, Libya and Saudi Arabia, will be hit...

  • WASHINGTON, Jan 20- President Barack Obama said on Tuesday the United States and not China must write trade rules for Asia and called on Congress to give the White House a freer hand to close trade deals. China is not part of the Trans-Pacific Partnership the United States is negotiating with 11 other trading partners, which aims to set common standards on issues...

  • Obama says U.S., not China, must write trade rules Wednesday, 21 Jan 2015 | 12:03 AM ET

    WASHINGTON, Jan 20- President Barack Obama said on Tuesday the United States and not China must write trade rules for Asia and called on Congress to give the White House a freer hand to close trade deals. China is not part of the Trans-Pacific Partnership the United States is negotiating with 11 other trading partners, which aims to set common standards on issues...

  • US needs to show leadership by passing TPA: AmCham  Wednesday, 21 Jan 2015 | 12:02 AM ET

    Trade agreements are essential for the U.S. business community, says Steve Okun, Chairman of the Asia Pacific Council of American Chambers of Commerce. He explains what that means for the TPP trade talks.

  • WASHINGTON— The Republican-controlled Senate on Tuesday rejected Democrats' bids to ban exports from the Keystone XL oil pipeline and to require building the project with American-made steel. In largely party-line votes, the Senate sidetracked the first two additions to a bill seeking to approve construction of the 1,179 pipeline. The Senate...

  • US official: TPA will facilitate TPP progress  Monday, 19 Jan 2015 | 7:14 PM ET

    Stefan Selig, U.S. Under Secretary of Commerce for International Trade, explains how the Trade Promotion Authority (TPA) will help to speed up the Trans-Pacific Partnership (TPP) trade talks.

  • MOSCOW, Jan 19- Russia might consider banning grain exports altogether if informal trade restrictions already in place fail to benefit the economy as hoped, a senior minister said on Monday. Russia had been exporting record volumes from a large grain crop of 104 million tonnes as the plunging value of the rouble linked to the country's economic crisis spurred a...

  • BERLIN, Jan 19- No clear majority has so far emerged among EU states for a free-trade agreement between the European Union and the United States and both sides need to explain the benefits of such a deal, the EU's health chief said. Chancellor Angela Merkel has urged the 28- nation EU to speed up negotiations with the United States on what would be the world's...

  • What China's slowing economy means for Australia  Sunday, 18 Jan 2015 | 8:46 PM ET

    Josh Frydenberg, Assistant Treasurer of Australia, outlines his optimism over China's reforms and discusses the risks a slowdown in the world's second largest economy means for Australian resources.

  • Jan 17- New York Governor Andrew Cuomo will lead one of the first trade missions to Cuba from the United States since the Obama administration loosened travel and trade restrictions on the Communist-ruled Caribbean island, his office confirmed on Saturday. The announcement came as Vermont Democratic Senator Patrick Leahy set off on the first congressional...

  • NY Gov Cuomo readies mission to Cuba: Report Saturday, 17 Jan 2015 | 3:31 PM ET
    A man pushes his tricycle taxi with a U.S flag on a street in Havana December 18, 2014.

    NY's Governor Andrew Cuomo is expected to announce a trade mission to the Caribbean island, the Wall Street Journal reported on Saturday.

  • WASHINGTON, Jan 16- Bangladesh must do more to support workers' rights and fight unfair labor practices before officials consider restoring U.S. trade benefits, the U.S. The United States revoked trade benefits for Bangladesh in mid-2013 after a garment factory collapse and a factory fire killed more than 1,200 people. Trade Representative Michael Froman...

  • BRITAIN'S CAMERON SAYS 2015 PIVOTAL YEAR FOR TALKS ON EU-US TRADE AGREEMENT.