Trade Correspondent, Washington DC, USA
Krista's Feed
Dec 11, 2014
Dec 10, 2014
Dec 10, 2014

Trade authorization deal faces test from U.S. legislators

WASHINGTON (Reuters) – A push by the White House to woo free trade skeptics on Capitol Hill will help bills through the next Congress, but lawmakers are unlikely to simply wave through legislation that holds the key to deals covering two-thirds of the world economy.

President Barack Obama plans to advocate for a bill allowing the administration to negotiate trade deals and fast-track them through Congress with no amendments.

Dec 3, 2014
Nov 26, 2014
Nov 14, 2014

Exclusive – U.S. Ex-Im acknowledges errors in politically sensitive small-business 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 such as Warren Buffett 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
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.

    • 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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