Trade Correspondent, Washington DC, USA
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Nov 13, 2014
Nov 13, 2014

Exclusive: U.S. Ex-Im acknowledges errors in politically sensitive small biz data

WASHINGTON (Reuters) – The U.S. Export-Import Bank has mischaracterized potentially hundreds of large companies and units of multinational conglomerates as small businesses, a flaw in its record keeping that could undermine the export lender’s survival strategy.

A Reuters analysis showed companies owned by billionaires like Warren Buffet and Mexico’s Carlos Slim, as well by Japanese and European conglomerates, were listed as small businesses and Ex-Im acknowledged errors in its data in response to those findings.

Nov 13, 2014

US Ex-Im acknowledges errors in politically sensitive small biz data

WASHINGTON, Nov 13 (Reuters) – The U.S. Export-Import Bank
has mischaracterized potentially hundreds of large companies and
units of multinational conglomerates as small businesses, a flaw
in its record keeping that could undermine the export lender’s
survival strategy.

A Reuters analysis showed companies owned by billionaires
like Warren Buffet and Mexico’s Carlos Slim, as well by Japanese
and European conglomerates, were listed as small businesses and
Ex-Im acknowledged errors in its data in response to those
findings.

Nov 13, 2014

India wins U.S. support for food scheme, ends WTO blockade

NEW DELHI/WASHINGTON, Nov 13 (Reuters) – India won U.S.
support for a massive domestic food stockpiling scheme on
Thursday, rescuing the biggest global trade deal in two decades
and giving new Prime Minister Narendra Modi a victory without
major concessions.

Under the pact with Washington, India will lift a veto on a
global agreement on streamlining customs rules that is likely to
add $1 trillion to the world economy as well as 21 million jobs,
18 million of them in developing countries.

Nov 13, 2014
Nov 4, 2014
Nov 4, 2014
Oct 30, 2014
Oct 30, 2014
Oct 28, 2014

U.S., Mexico sign deal to end sugar spat, avert import duties

MEXICO CITY/WASHINGTON, Oct 27 (Reuters) – Mexico and the
United States reached a deal on Monday to avert potentially
steep duties on Mexican sugar imports to the United States,
defusing a months-long dispute that threatened to escalate into
a major trade war.

In the deal hammered out hours before U.S. regulators were
going to slap penalties on Mexican imports, the U.S. Department
of Commerce said officials initialed a draft agreement that
would suspend both anti-subsidy and anti-dumping duties on the
goods, if adopted in full.

    • About Krista

      "I write about trade from Washington DC, where I moved in August 2013. IN nine years with Reuters, I have written about the Latin American economy from Mexico City and European Central Bank from Frankfurt. In a previous life, I worked in Australia and covered the economy and national politics for local news agency AAP."
      Joined Reuters:
      2004
      Languages:
      English, German, Spanish, Portuguese
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