WASHINGTON (Reuters) – The United States on Thursday urged Argentina to negotiate a solution with holdout investors after a string of U.S. court decisions that have pushed the country to the brink of default.
Argentina has until the end of July to settle with creditors who refused to accept the terms of past bond restructurings.
WASHINGTON (Reuters) – Private sector trade finance has not fully recovered from its financial-crisis collapse, and it is not clear it could fill the gap if the U.S. state-run export lender closes.
Conservative U.S. lawmakers are clamoring to shutter the Export-Import Bank, an 80-year old institution that provides support to U.S. exports, partly because they see it as usurping the role of the private sector in providing credit.
WASHINGTON, June 30 (Reuters) – Japanese carmakers boosted
investment in their U.S. plants by more than $5 billion in 2013,
the biggest increase on record, new figures from the Japan
Automobile Manufacturers Association showed on Monday.
Total manufacturing investment in U.S. plants, vehicles and
engines reached $40.6 billion in 2013, up $5.2 billion from the
previous year and the biggest jump since Japanese automakers
started building U.S. factories in the early 1980s.
WASHINGTON (Reuters) – The future of the U.S. Export-Import Bank was thrown further into doubt on Wednesday after an influential conservative lawmaker labeled the bank an example of corporate cronyism that benefits multi-nationals at the expense of taxpayers and many small companies.
Tea Party Republicans, led by Texas Representative Jeb Hensarling, have mounted a push to shut down the bank, ahead of a Sept. 30 deadline for Ex-Im’s charter to be renewed.
WASHINGTON, June 25 (Reuters) – The future of the U.S.
Export-Import Bank was cast further into doubt on Wednesday
after an influential conservative lawmaker labeled the bank an
example of corporate cronyism that benefits multi-nationals at
the expense of taxpayers and many small companies.
Representative Jeb Hensarling, a Texas Republican who heads
a Congressional panel which is key to the future of the Ex-Im
Bank, said the lender could not be allowed to continue in its
current form, although he stopped short of calling for it to
WASHINGTON/NEW YORK (Reuters) – The U.S. steel industry is considering challenging a trade deal with Russia that governs imports of hot-rolled steel, potentially reviving a decades-old dispute amid mounting tensions over Russia’s actions in Ukraine, two sources said.
A so-called suspension agreement struck in the aftermath of the Cold War has sheltered Russian steelmakers fr