Export News
2010
MARCH 25TH
EXPORT
Kurd minister: Kurdistan ready to export 100,000 bpd of oil
www.menafn.com/qn_news_story_s.asp?StoryId=1093316795
JAKARTA, March 25 — Indonesia will raise the palm oil export tax in April to 4.5 per cent, from 3 per cent in March, Diah Maulida, director general of foreign trade at the trade ministry, said today, confirming a Reuters report earlier this week.
www.themalaysianinsider.com/index.php/business/57481-indones...
Export officials might need permission from Murrysville Council to seize property in the municipality that is needed for the Export Flood Control Project. read more »
www.yourmurrysville.com/murrysvillestar/article/export-flood...
The deal will give the Rochester, N.Y., company 12 car-service outlets in this region. Monro Muffler said it also would retain all employees of Import Export Tire, which had sales of $10 million last year.
www.pittsburghlive.com/x/pittsburghtrib/business/s_673280.ht...
The administrators of Ric Stowe's collapsed empire are pushing ahead with a rare move to export coal from Western Australia, after the state government scrapped a deal to supply power stations.
www.brisbanetimes.com.au/business/griffin-coal-export-plan-t...
Ric Stowe's collapsed empire is pushing ahead with a rare move to export coal from Western Australia, after the state government scrapped a lucrative deal to supply power stations.
www.theage.com.au/business/wa-coal-export-plan-proceeding-20...
By Zachary S. Fagenson San Francisco-based Wells Fargo Bank is looking to become the predominant lender for export and import companies with revenues above $20 million in South Florida and across the state.
www.miamitodaynews.com/news/100325/story5.shtml
The export of waste from the UK is governed by the Transfrontier Shipment of Waste Regulations 2007. These regulations derive from the Waste Shipment Regulation EC 1013/2006, which establishes a "traffic light" system for distinguishing between green, amber and red list waste.
www.mondaq.com/article.asp?articleid=96390
Japan's exports surged 45.3 percent from a year earlier to 5,128.67 billion yen (56.99 billion U.S. dollars) in February, Financial Ministry data showed Wednesday. The rise is the third straight monthly expansion, confirming the export-oriented economy is recovering from the worst economic downturn in decades. The overall trade surplus came to 651.0 billion yen (7.2 billion dollars) in the month ...
english.people.com.cn/90001/90778/90858/90863/6928758.html
A motocross racing legend from Export allegedly went berserk in a Florida airport Monday, attacking a repairman and a police officer before he eventually was subdued by as many as five law enforcement agents who used a Taser gun.
www.pittsburghlive.com/x/pittsburghtrib/news/westmoreland/s_...
IMPORT
Saudi Arabia to curb import of energy-wasting home appliances
www.menafn.com/qn_news_story_s.asp?StoryId=1093316692
The deal will give the Rochester, N.Y., company 12 car-service outlets in this region. Monro Muffler said it also would retain all employees of Import Export Tire, which had sales of $10 million last year.
www.pittsburghlive.com/x/pittsburghtrib/business/s_673280.ht...
The tyre industry, the largest consumer of natural rubber, has urged the Centre to allow duty-free import of at least two lakh tonnes of natural rubber on a priority basis, preferably through a Government agency.
www.thehindubusinessline.com/2010/03/25/stories/201003255097...
LAIDLEY are on track to give their English import a perfect send-off in the Ipswich Division 2 grand final.
www.qt.com.au/story/2010/03/25/laidleys-import-set-to-finish...
By Zachary S. Fagenson San Francisco-based Wells Fargo Bank is looking to become the predominant lender for export and import companies with revenues above $20 million in South Florida and across the state.
www.miamitodaynews.com/news/100325/story5.shtml
The Rapaport Group is pleased to announce that it is now providing diamond import services to mainland China. Foreign companies can now sell their diamonds directly to local Chinese companies. Rapaport guarantees payments to the supplier, delivery of diamonds to the buyer and takes full responsibility for all import procedures including processing and payment of customs and taxation fees. The ...
www.business-standard.com/india/news/rapaport-launches-diamo...
Salt manufactured in Khanh Hoa province. Nhan Dan – The salt import quota delivered for the rest of 2010 will be suspended, according to the new official document by the Ministry of Industry and Commerce.
www.nhandan.com.vn/english/business/240310/business_s.htm
BEIJING, March 24 (Reuters) - Chinese oil company CNOOC Ltd plans to import 8 million tonnes of liquefied natural gas into China this year, its chairman Fu Chengyu said on Wednesday. Fu, speaking at the signing ceremony for an Australian LNG deal with BG Group, said the company had so far signed long-term LNG supply deals with foreign firms for about 16 million tonnes per year, equivalent to ...
www.iii.co.uk/news/?type=afxnews&articleid=7808058&subject=m...
Vietnamese inflation accelerated to a one-year high in March as a devalued dong pushed up import costs and the government raised power prices, suggesting policy makers may need to further increase borrowing costs.
www.businessweek.com/news/2010-03-24/vietnamese-inflation-ac...
VietNamNet Bridge – The Viet Nam Gas Association has recommended the Ministry of Finance cut the import tax on liquefied petroleum gas (LPG) from the current 5 per cent to 2 per cent to force domestic LPG traders to drop their retail prices, said the association's chairman Nguyen Sy Thang.
english.vietnamnet.vn/biz/201003/Lower-gas-import-duty-urged...
FOREX
Written by Joel Kruger, Technical Currency Strategist for DailyFX.com If you wish to receive Joel's reports in a more timely fashion, e-mail jskruger@fxcm.com and you will be added to the "distribution" list.
www.dailyfx.com/forex/fundamental/article/usd_graphic_rewind...
USD/JPY: Has been very well supported on dips, and we look for the most recent sharp rebound to open additional upside over the coming weeks back above critical medium-term resistance at 93.75. The latest impressive rally from Wednesday reaffirms our outlook with the market closing back above the 200-Day SMA for the first time since August 2009. Look for any intraday setbacks to now be well ...
www.dailyfx.com/forex/technical/home/analysis/usd-jpy/2010-0...
Last week, we noted that AUDUSD positioning favored a bearish reversal with prices showing a Harami candlestick pattern below resistance at the upper boundary of a Rising Wedge chart formation.
www.dailyfx.com/forex/technical/candlesticks/aud-usd/2010-03...
EU/EUROPE
French sex workers protest legal brothels
updated 6:50 p.m. ET March 24, 2010
PARIS - Dozens of
French sex workers proclaiming themselves proud to be
prostitutes marched Wednesday to
protest a lawmaker's proposal to legalize brothels in
France, arguing that such a
law would deny them the freedom to work on their own. A lawmaker in France's governing party has proposed reopening brothels just over six decades after they were banned in...
Top Europe Stories
Curbing Taliban opium trade could cut support
MARJAH,
Afghanistan - Curbing the Taliban's multimillion dollar opium poppy
business was a major goal of a
military operation to seize this former insurgent stronghold. With the town in
NATO hands, the Marines face a conundrum: If they destroy the
crops and curb the
trade, they lose the support of the
population — a problem for which they have no easy solution. U.S.,
Afghan and NATO forces that stormed Marjah in February were ordered to seize large opium stashes but leave farmers' poppy fields...
PACIFIC
Top Pacific Stories
MIDDLE EAST
Israel urged to work towards talks
Barack Obama, the US president, has urged Binyamin Netanyahu, the
Israeli prime
minister, to take steps to build confidence in Israel's ability to take part in
peacetalks with the Palestinians. The two leaders discussed the issue during closed-door talks in
Washington, Robert Gibbs, the White House spokesman, said on Wednesday. Gibbs said the discussions on Tuesday were "honest and straightforward", but he did not elaborate on what Netanyahu was asked to do. "The president asked the prime...
MARCH 24TH
EU/EUROPE
WTO backs Airbus in subsidy row with US
The long-running investigation into state support for
airlines in
Europe and the US moved closer to a resolution yesterday when the WTO said that while EU loans to Airbus constituted subsidies, the majority of the US claims...
1. EU commission defends Romania-Bulgaria monitoring project - 23.03.2010 - 17:38
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The European Commission has defended its special monitoring project on the rule of law in Bulgaria and Romania, despite the limited results registered three years after the two countries joined the bloc.
http://euobserver.com/9/29743/?rk=1
2. China tells EU: 'Put pressure on US, not developing countries' - 23.03.2010 - 17:38
----------------------------------------------------------------------------
China's chief diplomat on climate action has said the EU must increase its ambition to a 30 percent cut in emissions and put pressure on the US to embrace legally binding targets.
http://euobserver.com/9/29746/?rk=1
3. EU court ruling on Google leaves words up for sale - 23.03.2010 - 17:09
----------------------------------------------------------------------------
The European Court of Justice has ruled that Google did not contravene EU trademark rules by allowing advertisers to purchase keywords corresponding to their competitors' trademarks.
http://euobserver.com/9/29744/?rk=1
4. EP president wants future EU commissioners directly elected - 23.03.2010 - 12:18
----------------------------------------------------------------------------
European Parliament chief Jerzy Buzek has said EU commissioners should in future be directly elected rather than hand-picked by national governments.
http://euobserver.com/9/29742/?rk=1
5. [Comment] Rethink Moldova - 23.03.2010 - 15:00
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The challenge for Moldova's leadership is to develop a new strategy of sustainable and more balanced economic growth. Its international partners will support Moldova in its efforts, write Stefan Füle and Philippe Le Houerou ahead of the Moldova Partnership Forum.
http://euobserver.com/9/29745/?rk=1
WORLD
3 Gitmo detainees transferred to nation of Georgia
WASHINGTON (AP) — Three detainees from
Guantanamo Bay have been transferred from the island
prison to the country of
Georgia. Since 2002 when the U.S. prison at Guantanamo Bay,
Cuba, was opened, more than 580 detainees have been moved from there to other destinations. At least 38 countries have accepted Guantanamo detainees. The
Justice Department says the identities of the three detainees sent to Georgia on Tuesday are being withheld for security and privacy reasons. The transfers leave 183...
PACIFIC
Alonso, Ferrari looking for more momentum in Australia
When F1 kicked off its 2009 season with the Australian Grand Prix, Jenson Button and Rubens Barrichello gave Brawn GP a 1-2 finish in the team's debut. Button won six of the first seven grand prix last year, en route to his first world championship. Brawn also claimed the constructors' title in convincing style. Will Ferrari follow the same route as Brawn did last...
Top Pacific Stories
New building clouds Israel-US talks
Israeli authorities have issued a building permit for yet more settler housing in occupied East
Jerusalem, a move that could worsen already tense ties as Binyamin Netanyahu arrived at the White House for talks with Barack Obama. The Israeli prime
minister and US president were on Tuesday meeting for the first
time since the announcement of another East Jerusalem building project consisting of 1,600 settler homes earlier this month sparked a public row between the close allies. That earlier...
AMERICAS
El Salvador marks Archbishop Oscar Romero's murder
Sister Luz Isabel Cueva vividly remembers the moment Archbishop
Oscar Arnulfo Romero was murdered as he celebrated
Mass on 24 March 1980. "When he finished his sermon, he walked to the middle of the altar; at that moment, the shot rang out," says Sister Luz Isabel, who was among the congregation at a private chapel in El Salvador's capital, San
Salvador. "It sounded like a bomb explosion. Monsignor Romero held on to the cloth on the altar for a moment and pulled it off. Then he...
Top Americas Stories
U.S.
Obama, Netanyahu Hold Closed-Door Talks
By JAY
SOLOMON WASHINGTON—Israeli Prime
Minister Benjamin Netanyahu completed a two-day trip to
Washington with a closed-door meeting with President Barack Obama and no public announcements on a way forward in the Middle East
peace process. The White House's reception for Mr. Netanyahu on Tuesday drew charges from Capitol Hill that Mr. Obama was snubbing Israel's prime minister and worsening a highly public feud that has emerged between the two allies over the issue of
Israeli construction...
EXPORT
Japan's exports surged 45.3 percent from a year earlier to 5,128.67 billion yen (56.99 billion U.S. dollars) in February, Financial Ministry data showed Wednesday. The rise is the third straight monthly expansion, confirming the export-oriented economy is recovering from the worst economic downturn in decades. The overall trade surplus came to 651.0 billion yen (7.2 billion dollars) in the month ...
english.people.com.cn/90001/90778/90858/90863/6928758.html
A motocross racing legend from Export allegedly went berserk in a Florida airport Monday, attacking a repairman and a police officer before he eventually was subdued by as many as five law enforcement agents who used a Taser gun.
www.pittsburghlive.com/x/pittsburghtrib/news/westmoreland/s_...
March 24 (Bloomberg) -- Japan’s export growth accelerated to 45.3 percent in February, led by Asian demand that increased the likelihood the economic recovery will be sustained.
www.bloomberg.com/apps/news?pid=20601068&sid=aId_r0ZlN8UI
WASHINGTON, March 23 / Standard Newswire / -- Assistant Secretary of Commerce & Director General Suresh Kumar, a top official from the U.S. Department of Commerce (DoC), will discuss the President's National Export Initiative (NEI) at the NAB Show in Las Vegas.
www.earnedmedia.org/nab0323.htm
This is a real step in the right direction. Keep your oil for your future. Help the rest of us kick the oil habit. The money from export just damages your economy anyway.
allafrica.com/comments/list/aans/post/post/id/201003230038.h...
The 107th China Export Commodities Fair (CECF) will feature 1.12 million square meters of exhibitions and 56,000 exhibitors. The fair be held from April 15 to May 5 in Guangzhou. The number of booths at the fair increased by 1,000 this year. The organizer has invited 860,000 foreign purchasers, up 2.4 percent compared to the previous CECF. The fair will continue to combine domestic and foreign ...
english.people.com.cn/90001/90778/90861/6927937.html
German Minister: Lagarde's Export Critique Electoral Posturing
feeds.foxbusiness.com/~r/foxbusiness/latest/~3/v3ZRQ9Cycwg
Department of Export Promotion and eBay, the world’s largest online marketplace, are offering Thai manufacturers and exporters the opportunity to learn how to expand their sales to new buyers globally
www.thaipr.net/nc/readnews.aspx?newsid=3349E085E573F85DFB8B3...
Three former Bulgarian energy ministers are under investigation over dereliction allegations regarding an electricity export contract.
www.novinite.com/newsletter/print.php?id=114484
MIDDLETOWN — U.S. Deputy Secretary of Commerce Dennis F. Hightower touted President Barack Obama ’s new export initiative Monday at the Middletown Export Assistance Center, saying that it will “allow us to return to the type of sustainable growth that not long ago helped build the strongest middle class in history.”
middletownpress.com/articles/2010/03/23/news/doc4ba82dfd3424...
IMPORT
Vietnamese inflation accelerated to a one-year high in March as a devalued dong pushed up import costs and the government raised power prices, suggesting policy makers may need to further increase borrowing costs.
www.businessweek.com/news/2010-03-24/vietnamese-inflation-ac...
VietNamNet Bridge – The Viet Nam Gas Association has recommended the Ministry of Finance cut the import tax on liquefied petroleum gas (LPG) from the current 5 per cent to 2 per cent to force domestic LPG traders to drop their retail prices, said the association's chairman Nguyen Sy Thang.
english.vietnamnet.vn/biz/201003/Lower-gas-import-duty-urged...
Former NBA All Star Stephon Marbury, the highest profile American import to China's domestic league, said he would return to the country after a hugely popular stint with Shanxi.
news.yahoo.com/s/nm/20100324/sp_nm/us_basketball_china_marbu...
Europe says it "looked askance" at Australia's recent decision to keep out beef imports from countries that have a record of mad cow disease.
news.brisbanetimes.com.au/breaking-news-national/europe-unha...
National Institute Of Traditional Medicines 24 March, 2010 - The pharmaceutical and research unit under the national institute of traditional medicines (NITM) imports from India only 64 of the total 264 ingredients to manufacture traditional medicines.
www.kuenselonline.com/modules.php?name=News&file=article&sid...
Company Raises Fourth Quarter EPS Guidance Range to $.23 to $.25
biz.yahoo.com/pz/100323/187187.html?.v=1
KUALA LUMPUR, March 23 (Bernama) -- TNT Express, the world's leading delivery services providers, has introduced its new Express Import system which gives the customers complete control over their import shipments.
www.bernama.com/bernama/v5/newsbusiness.php?id=484716
Lagos — INTERNATIONAL Fund for Agricultural Development (IFAD) President Kanayo Nwanze has decried the continued importation of food that Nigeria has the capacity to produce.
allafrica.com/stories/201003230247.html
22 March 2010 KUWAIT -- Kuwait is expected to commence the import of liquefied natural gas through world companies from April 1st to late October at a rate of 500,000 cubic feet/day, Kuwait Petroleum Corporation CEO Saad Al-Shuwaib said here Monday.
www.zawya.com/Story.cfm/sidZAWYA20100323074432/Kuwait%20to%2...
Harare — Government has declined to grant the livestock industry permission to import Genetically Modified cereals for stockfeed processing for fear of compromising the quality of export meat.
allafrica.com/stories/201003230063.html
FOREX
Oil, gold and silver are little changed from yesterday with prices range-bound at familiar technical levels. Crude continues to look to risk trends to catalyze directional momentum while the precious metals are trading with the outlook for US inflation and interest rates.
www.dailyfx.com/forex/fundamental/daily_briefing/daily_piece...
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www.marketwire.com/mw/release.do?id=1136871&sourceType=3
BERLIN--(Marketwire - 03/24/10) - FXCM Holdings LLC today announces the opening of its latest office, FXCM Germany ( www.fxcm.de.com ), based in Berlin. FXCM Germany will serve the German, Austrian and Swiss markets, thereby offering local service and support. FXCM, globally recognized as one of the best forex brokers, now brings forex and CFD trading to one award ...
biz.yahoo.com/iw/100324/0600206.html?.v=1
Written by Joel Kruger, Technical Currency Strategist for DailyFX.com If you wish to receive Joel's reports in a more timely fashion, e-mail jskruger@fxcm.com and you will be added to the "distribution" list.
www.dailyfx.com/forex/fundamental/article/usd_graphic_rewind...
USD/CAD: Our overall outlook for the pair remains highly constructive and as such, any dips towards parity should be used as formidable buy opportunities.
www.dailyfx.com/forex/technical/home/analysis/usd-cad/2010-0...
* Euro extends slides to 3-wk low on dlr, near 10-mth trough
sg.news.yahoo.com/rtrs/20100324/tbs-markets-forex-7318940.ht...
MARCH 23RD
EU/EUROPE
 BA strike extends into third day
By Mohammed Abbas Heathrow,
England - Striking
British Airways cabin crew offered on Monday to resume talks with the company to try to settle a dispute that could damage the ruling Labour Party in an
election due within weeks. Cabin crew were due to return to work on Tuesday after a three-day stoppage the...
Top Europe Stories
WORLD
Israel defies US over settlements
Israel's prime
minister has rejected US pressure over the expansion of
Jewish settlements. Speaking to pro-Israel activists in
Washington DC on Monday, Binyamin Netanyahu said "
Jerusalem is not a settlement" and
Israel has the right to build there. "Everyone knows" Jewish neighbourhoods in Jerusalem will remain part of Israel in any
peace deal, he said, so building in the city "in no way precludes the possibility of a two-state...
Top World Stories
ASIA
China media accuse Google of violating promises
A
Chinese man prepares to cycle near the Google logo at the Google
China... A Chinese woman walks past the Google logo at the Google China headquarters... A Chinese worker cleans the Google logo at the Google China headquarters...
BEIJING (AP) - China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the
Internet for China by shifting its
search engine off the mainland, accusing the company of violating promises. Google said Jan. 12 it would pull out part of its service if it...
Top Asia Stories
AFRICA
Sudan's president threatens to expel election monitors
KHARTOUM (Reuters) -
Sudanese President Omar Hassan al-Bashir threatened on Monday to expel international
election monitors after they said April's vote may have to be delayed. "We brought these organisations from outside to monitor the elections, but if they ask for them to be delayed, we will throw them out," Bashir said in comments
broadcast on state TV. "We wanted them to see the free and fair...
Top Africa Stories
PACIFIC
Waiting for Obama
The president was supposed to be touching down in
Australia Sunday night. Sam Bungey on how the land down under is coping with the snub. Sunday night, we in Australia were supposed to be welcoming President Barack Obama and toasting to your good
health care. Instead, we’re looking at squadrons of parked F-18 fighter jets, piles of useless scheduling
books and a prime
minister, Kevin Rudd, brave-facing it like a stood-up sheila at a high-school mixer. Australia was to be the last stop on a...
Top Pacific Stories
Israel defies US over settlements
Israel's prime
minister has rejected US pressure over the expansion of
Jewish settlements. Speaking to pro-Israel activists in
Washington DC on Monday, Binyamin Netanyahu said "
Jerusalem is not a settlement" and
Israel has the right to build there. "Everyone knows" Jewish neighbourhoods in Jerusalem will remain part of Israel in any
peace deal, he said, so building in the city "in no way precludes the possibility of a two-state...
Top Mideast Stories
AMERICAS
Obama to sign health bill into law
Barack Obama, the US president, will sign a major
health reform bill into
law just as attention shifts to the Senate, which is expected to begin debating another round of changes to the landmark legislation. A day after the US House of Representatives passed the bill overhauling the country's healthcare system, Republican attorney generals in at least 12 states said that they would file lawsuits challenging the constitutionality of the overhaul, contending it infringes on state...
Top Americas Stories
U.S.
Top US Stories
EXPORT
This is a real step in the right direction. Keep your oil for your future. Help the rest of us kick the oil habit. The money from export just damages your economy anyway.
allafrica.com/comments/list/aans/post/post/id/201003230038.h...
The 107th China Export Commodities Fair (CECF) will feature 1.12 million square meters of exhibitions and 56,000 exhibitors. The fair be held from April 15 to May 5 in Guangzhou. The number of booths at the fair increased by 1,000 this year. The organizer has invited 860,000 foreign purchasers, up 2.4 percent compared to the previous CECF. The fair will continue to combine domestic and foreign ...
english.people.com.cn/90001/90778/90861/6927937.html
German Minister: Lagarde's Export Critique Electoral Posturing
feeds.foxbusiness.com/~r/foxbusiness/latest/~3/v3ZRQ9Cycwg
Department of Export Promotion and eBay, the world’s largest online marketplace, are offering Thai manufacturers and exporters the opportunity to learn how to expand their sales to new buyers globally
www.thaipr.net/nc/readnews.aspx?newsid=3349E085E573F85DFB8B3...
Three former Bulgarian energy ministers are under investigation over dereliction allegations regarding an electricity export contract.
www.novinite.com/newsletter/print.php?id=114484
MIDDLETOWN — U.S. Deputy Secretary of Commerce Dennis F. Hightower touted President Barack Obama ’s new export initiative Monday at the Middletown Export Assistance Center, saying that it will “allow us to return to the type of sustainable growth that not long ago helped build the strongest middle class in history.”
middletownpress.com/articles/2010/03/23/news/doc4ba82dfd3424...
THE Productivity Commission has called for further deregulation of the annual $4 billion wheat export market, declaring there has been a smooth transition to a competitive system since AWB lost its monopoly in July 2008.
qcl.farmonline.com.au/news/nationalrural/grains-and-cropping...
The government is pushing through with its ‘export replacement’ scheme where 90,000 tons of sugar exported last year would be imported by concerned traders to boost local stocks.
business.inquirer.net/money/topstories/view/20100322-260259/...
BERLIN, March 22 (Reuters) - European Central Bank President Jean-Claude Trichet on Monday defended Germany's export focus, saying the price competitiveness of Europe's largest economy had helped to keep inflation in the euro zone in check. "We have pursued our mandate of (ensuring price stability) and I must say Germany has helped us here," Trichet told German ZDF television, adding that ...
www.iii.co.uk/news/?type=afxnews&articleid=7804707&subject=e...
Till the end of the agricultural year, Kazakhstan will export 5 mln tonnes of grains, declared Marat Orazaev, the Vice-Minister of Agriculture of the Republic of Kazakhstan.
IMPORT
Company Raises Fourth Quarter EPS Guidance Range to $.23 to $.25
biz.yahoo.com/pz/100323/187187.html?.v=1
KUALA LUMPUR, March 23 (Bernama) -- TNT Express, the world's leading delivery services providers, has introduced its new Express Import system which gives the customers complete control over their import shipments.
www.bernama.com/bernama/v5/newsbusiness.php?id=484716
Lagos — INTERNATIONAL Fund for Agricultural Development (IFAD) President Kanayo Nwanze has decried the continued importation of food that Nigeria has the capacity to produce.
allafrica.com/stories/201003230247.html
22 March 2010 KUWAIT -- Kuwait is expected to commence the import of liquefied natural gas through world companies from April 1st to late October at a rate of 500,000 cubic feet/day, Kuwait Petroleum Corporation CEO Saad Al-Shuwaib said here Monday.
www.zawya.com/Story.cfm/sidZAWYA20100323074432/Kuwait%20to%2...
Harare — Government has declined to grant the livestock industry permission to import Genetically Modified cereals for stockfeed processing for fear of compromising the quality of export meat.
allafrica.com/stories/201003230063.html
Hanoi - A Japanese-owned company in Ho Chi Minh City has requested official permission to bring in unskilled Filipino or Laotian workers because it can no longer find enough Vietnamese ones, officials said Tuesday....
www.earthtimes.org/articles/show/315358,japanese-company-wan...
The overall situation of China's energy industry took a turn for the better and basically stabilized last year, and China's energy import volume will keep increasing this year, disclosed an official from the National Energy Administration (NEA) on March 22. Huang Li, deputy director of the Energy Conservation and Scientific Equipment Department under the NEA, said at the 2010 International Forum ...
english.people.com.cn/90001/90778/90862/6927696.html
Russia May Cut Car-Import Duties To Pre-Crisis Levels -Vedomosti
feeds.foxbusiness.com/~r/foxbusiness/latest/~3/S7AZkyNEaW4
Former NBA player Stephon Marbury justified his status as the highest profile import in the Chinese Basketball Association (CBA) with an MVP performance at the league's All Star weekend.
probasketballtalk.nbcsports.com/2010/03/stephon-marbury-chin...
Chinese Premier Wen Jiabao said Monday that China will import more US products.
www.chinadaily.com.cn/china/2010-03/22/content_9625107.htm
FOREX
We have seen a potential shift in sentiment towards the major currencies after the Euro once again failed to break to fresh 2010 lows on Monday, stalling just shy of 1.3435 and reversing to close in positive territory on the day.
www.dailyfx.com/forex/technical/article/morning_slices/2010-...
Crude oil losses have been stalled amid a rebound in risk appetite while gold and silver continue to be pressured by fading US inflation expectations.
www.dailyfx.com/forex/fundamental/daily_briefing/daily_piece...
The British Pound slipped to a low of 1.4985 during the overnight trade as price growth in the U.K. weakened more-than-expected, but the GBP/USD maintained the narrow range carried over from the previous month as investors continue to weigh the prospects for future policy.
www.dailyfx.com/forex/fundamental/daily_briefing/session_bri...
With an election expected in only six weeks, Alistair Darling’s budget speech on Wednesday may leave sterling traders reaching for a glass of sherry with beaten egg,
www.marketwatch.com/news/story.asp?guid=%7B79A4D6C7-C8E4-439...
GBP/USD: The market looks to be in the process of a bearish consolidation, with an eventual break below 1.4780 to confirm and open the next major downside extension.
www.dailyfx.com/forex/technical/home/analysis/gbp-usd/2010-0...
NZD/USD: Despite the surge back above 0.7150, we retain a bearish bias and look for the market to top out by 0.7180 ahead of a major bearish resumption.
www.dailyfx.com/forex/technical/home/analysis/nzd-usd/2010-0...
USD/CAD: Our overall outlook for the pair remains highly constructive and as such, any dips towards parity should be used as formidable buy opportunities.
www.dailyfx.com/forex/technical/home/analysis/usd-cad/2010-0...
USD/CHF: The overall structure is constructive with a medium-term higher low now sought out by 1.0500 in favor of the next major upside extension beyond 1.0900 and towards 1.1500 further up.
www.dailyfx.com/forex/technical/home/analysis/usd-chf/2010-0...
Dollar Rally Stalls as Technical Boundaries Require True Conviction Monday morning, the US Dollar was extending its rally and subsequently maintaining the pace set out for it through the closing days of this past week.
www.dailyfx.com/forex/fundamental/daily_briefing/session_bri...
The new trading week started out with meaningful follow through on oil’s accelerating selling trend heading into this past Friday. However, soon after marking a meaningful technical break from a steady rising trend, the commodity would put in for a dramatic reversal.
www.dailyfx.com/forex/fundamental/daily_briefing/daily_piece...
MARCH 22ND
EU/EUROPE
Iraq's Premier Endorses a Recount of the Vote
BAGHDAD — Prime
Minister Nuri Kamal al-Maliki endorsed the mounting calls for a recount of Iraq’s parliamentary
election, as the latest results on Sunday showed his main competitor with a slight
lead. President Jalal Talabani, using more direct
language, also called for a recount on Sunday. The appeals by Iraq’s two highest government officials added to a rash of complaints related to how the March 7 election was conducted and how the votes were tallied. Each of the four...
WORLD
Top World Stories
Top Asia Stories
The best way to save elephants is to ban all ivory sales
Last week the international community catastrophically failed to agree measures to protect vanishing
stocks of bluefin tuna. "Special interests" - that is, a love of a
food despite it being endangered - prevailed.
Today it appears we're heading for a second failure, this
time to protect elephants. Despite being banned 20 years ago, the
ivory trade is still thriving in some parts of the world and is, in fact, on...
Top Africa Stories
Top Pacific Stories
Iraq's Premier Endorses a Recount of the Vote
BAGHDAD — Prime
Minister Nuri Kamal al-Maliki endorsed the mounting calls for a recount of Iraq’s parliamentary
election, as the latest results on Sunday showed his main competitor with a slight
lead. President Jalal Talabani, using more direct
language, also called for a recount on Sunday. The appeals by Iraq’s two highest government officials added to a rash of complaints related to how the March 7 election was conducted and how the votes were tallied. Each of the four...
Top Mideast Stories
Obama stands on edge of revolution in healthcare
After a debate that has consumed US
politics for nine months, the House of Representatives was last night poised to pass the most sweeping healthcare reform in nearly half a
century - reshaping a hugely expensive and inefficient sector that accounts for a sixth of the
economy. As the final showdown approached over a $940bn (£625bn) measure on which Barack Obama has virtually staked his presidency,
Democratic leaders had apparently rounded up the 216 votes needed for a majority. The crucial...
Top Americas Stories
Obama Makes History
Was it the greatest legislative triumph in half a
century or an undemocratic process that will doom Obama's reelection chances? Read The Daily Beast's columnists on what to make of Sunday night's historic health-care vote. How the GOP Made It Happen By Matthew Yglesias Many liberals were ready to compromise during
healthcare’s twisted path to passage. Matthew Yglesias on how the right’s just-say-no
game helped bring the left...
EXPORT
In a new study, researchers have determined that a proposal under debate in the US Congress to ban the export of electronics waste would likely make a growing global environmental problem
sify.com/news/ban-of-e-waste-export-likely-to-worsen-global-...
Washington, March 22 : In a new study, researchers have determined that a proposal under debate in the US Congress to ban the export of electronics waste would likely make a growing global environmental problem even worse.
www.newkerala.com/news/fullnews-74922.html
March 22 (Bloomberg) -- PetroChina Co. and Royal Dutch Shell Plc plan to export up to 8 million tons per year of LNG from the proposed Curtis Island plant in Australia, the Chinese company’s project manager, Aiji Ge, said in a statement today.
www.bloomberg.com/apps/news?pid=20601072&sid=agLioVufU7hA
* Australia can further deregulate wheat exports -govt
ph.news.yahoo.com/rtrs/20100322/tbs-australia-wheat-regulati...
AUSTRALIAN Livestock Exporters chief executive Lach Mackinnon has questioned the validity of the Australian Meat Industry Employees Union’s (AMEU) claim that the nations’ live export industry is the cause of thousands of meat processing workers losing their jobs, saying he believed the rising Australian dollar and shrinking livestock supply was more of a contributing factor.
nqr.farmonline.com.au/news/nationalrural/agribusiness-and-ge...
AUSTRALIAN Livestock Exporters chief executive Lach Mackinnon has questioned the validity of the Australian Meat Industry Employees Union’s (AMEU) claim that the nations’ live export industry is the cause of thousands of meat processing workers losing their jobs, saying he believed the rising Australian dollar and shrinking livestock supply was more of a contributing factor.
qcl.farmonline.com.au/news/nationalrural/agribusiness-and-ge...
AUSTRALIAN Livestock Exporters chief executive Lach Mackinnon has questioned the validity of the Australian Meat Industry Employees Union’s (AMEU) claim that the nations’ live export industry is the cause of thousands of meat processing workers losing their jobs.
qcl.farmonline.com.au/news/nationalrural/agribusiness-and-ge...
Kolkata, Mar 20 (UNI) City-based Shree Ganesh Jewellery House, a leading manufacturer and exporter of gold jewellery, has set up an export target of Rs 3,000 crore for 2010-2011 after establishing two new units at a cost of Rs 350 crore.
www.deepikaglobal.com/ENG5_sub.asp?ccode=ENG5&newscode=42590
An expert has warned that the burgeoning 'buy local' movement could spell disaster for Australia if it catches on overseas.
au.news.yahoo.com/a/-/australian-news/6962854/buy-local-sink...
New Delhi, March 21: Funds for additional export sops must come from what the finance ministry has given to the commerce ministry in the budget, meaning the latter may have to prune its expenditure elsewhere at a time exporters are just clawing themselves out of global recession.
www.telegraphindia.com/1100322/jsp/business/story_12246111.j...
IMPORT
New Delhi, Mar 22 (PTI) State-run PEC has floated bids for import of 14,000 tonnes of pulses to be delivered by May 15.
www.ptinews.com/news/575994_PEC-invites-bids-for-import-of-1...
March 22 (Bloomberg) -- Adani Enterprises Ltd ., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first time as surging electricity demand prompted diversification of purchases, an official said.
www.bloomberg.com/apps/news?pid=20601072&sid=aYpPgp57LOPk
There's something meditative yet suffocating about "Adrift," Bui Thac Chuyen's story of unfulfilled desire during one rainy summer in Hanoi. Screening at the 34th Cleveland International Film Festival.
www.cleveland.com/movies/index.ssf/2010/03/adrift_is_a_medit...
Former NBA player Stephon Marbury justified his status as the highest profile import in the Chinese Basketball Association (CBA) with an MVP performance at the league's All Star weekend.
news.yahoo.com/s/nm/20100322/sp_nm/us_basketball_china_marbu...
MELBOURNE, March 22 (Bernama) -- A Saudi Arabian delegation will tour Western Australia (WA) this week looking to boost wheat imports as the country phases out irrigated crop production, the Australian Associated Press (AAP) reports.
malaysia.news.yahoo.com/bnm/20100322/tbs-wheat-import-ceeeab...
ORIGINAL Red Lucas Pantelis has told how the promise of a "new dimension" fuelled by imports Marco Flores and Serj van Dijk sealed his signature.
www.news.com.au/adelaidenow/story/0,22606,26882275-12428,00....
With stable crude prices in the world market, the country’s oil import bill last year plunged by 42 percent to $6.94 billion from $12.09 billion in 2008.
business.inquirer.net/money/topstories/view/20100321-260087/...
A HIGH-LEVEL Saudi Arabian delegation will tour Western Australia this week looking to boost wheat imports as the country phases out irrigated crop production.
news.com.au/perthnow/story/0,21498,26879679-5005361,00.html?...
Farrokh Farjam lives in his own apartment, cooks his own meals and never misses a day of writing in his 50-volume journal. What's unusual about that? Farjam is 105 years old.
www.idahostatesman.com/2010/03/21/1125026/boises-answer-to-t...
Despite assurances in black and white of providing complete information about their performing vessel, on March 18, 2010, the TCP was forced to issue a stern warning to SGT that in case of delay in shipment, it would be held responsible for all losses or consequences.
www.brecorder.com/index.php?id=1034116&currPageNo=1&query=&s...
FOREX
FXstreet.com (Barcelona) - Australian Dollar's retreat from 0.9250 high on Mar 17 pulled lower on Friday, to reach 0.9125 area, and the pair has extended lower in Asia and early European session, to a fresh session low at 0.9110, amid risk aversion on concerns about the possibility tightening measures in Asia.
www.fxstreet.com/news/forex-news/article.aspx?StoryId=d580d8...
FXstreet.com (Barcelona) - The pound has rebounded versus the yen at the crossover from Asian to European trading to rise to a session high of 135.86 after the London bell.
www.fxstreet.com/news/forex-news/article.aspx?StoryId=f34d73...
FXstreet.com (Barcelona) - The Euro attempted to rally at the previous week's opening and reached 1.3820 but rejection at that level has awaken the bears and triggered a 300 pip sell off so far with the pair targeting 1.34445/05 area, according to Karen Jones, technical analyst at Commerzbank.
www.fxstreet.com/news/forex-news/article.aspx?StoryId=cb223c...
FXstreet.com (Barcelona) - The Pound has continued its downtrend at the week opening, and decline from 1.5380 high on Mar 17 has extended in Asian session, with the Pound breaking below the previous week's low at 1.4775 to consolidate ahead of the European opening, at levels between 1.4930 to 1.4970.
www.fxstreet.com/news/forex-news/article.aspx?StoryId=06e8b5...
The US Dollar and Japanese Yen advanced on safety demand against most major currencies as Asian stocks fell by the most in month after the IMF’s deputy managing director said advanced economies’ debt to hit the highest in over 60 years.
www.dailyfx.com/forex/fundamental/daily_briefing/session_bri...
*These rates are ONLY indicative and do not include the difference in the bid-ask and should not be used as a benchmark for foreign exchange forward rates.
www.dailyfx.com/forex/market_alert/2010-03-22-0417-Overnight...
* Euro hovers near 3-week low vs dollar, Greece again weighs
ph.news.yahoo.com/rtrs/20100322/tbs-markets-forex-7318940.ht...
Australia’s New Motor Vehicle Sales fell for the second consecutive month in February, slipping 1.9 percent. As in the previous month, the outcome was led by a drop in Sales of “other” vehicles (a category that includes vans, trucks, buses and government-owned vehicles), which fell 8.6 percent.
www.dailyfx.com/forex/market_alert/2010-03-22-0407-Australia...
KUALA LUMPUR, March 22 (Bernama) -- The ringgit opened weaker against the US dollar due to broad-base strengthening of the greenback against most other major currencies, said dealers.
www.bernama.com/bernama/v5/newsindex.php?id=484210
UPDATE:Brazil Central Bank: Forex Reserves Preferable To IMF Credit Lines
feeds.foxbusiness.com/~r/foxbusiness/latest/~3/cZ-Dq79sr3s
MARCH 19TH
EU/EUROPE
1. Kosovo head says EU countries 'moving' on status - 19.03.2010 - 09:14
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Kosovar President Fatmir Sejdiu has said that the five EU countries which do not recognise Kosovo's independence are "moving" on the issue.
http://euobserver.com/9/29720/?rk=1
2. Van Rompuy and Barroso to both represent EU at G20 - 19.03.2010 - 09:02
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European Commission President Jose Manuel Barroso and EU Council chief Herman Van Rompuy will both represent the union at international meetings such as the G20, despite concerns of an EU cacophony on the world stage.
http://euobserver.com/9/29713/?rk=1
3. EU climate chief pessimistic after US visit - 19.03.2010 - 09:26
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EU climate action commissioner Connie Hedegaard exited meetings with her various US counterparts dejected by their uncertainty as to whether Washington would be able to pass badly-needed climate legislation.
http://euobserver.com/9/29722/?rk=1
4. EU bid to join human rights convention poses tricky questions - 18.03.2010 - 17:45
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The European Union has taken the first step on the path to signing up to the European Convention on Human Rights (ECHR), in a move set to open up tricky questions, such as liability for EU military missions abroad.
http://euobserver.com/9/29711/?rk=1
5. De Gucht criticises China and US on trade - 19.03.2010 - 09:07
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EU trade commissioner Karel De Gucht has accused the US administration of having a protectionist agenda and reiterated concerns that China is manipulating its currency.
http://euobserver.com/9/29719/?rk=1
Top Europe Stories
Netanyahu, Clinton talk after settlement crisis
JERUSALEM/MOSCOW (Reuters) -
Israeli Prime
Minister Benjamin Netanyahu proposed "confidence-building steps" with Palestinians in a
telephone call on Thursday with U.S. Secretary of State Hillary Clinton, after a dispute over settlements. Israel's Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting at his office in
Jerusalem March 14, 2010. Netanyahu proposed...
MIDDLE EAST
Leading article: Barack Obama should keep the pressure on Israel
It is a testament to the hubris of Benjamin Netanyhau's government that having seen off an attempt by Barack Obama to freeze settlement
construction, it has now given the US President a second chance to claw back that defeat. Much has been said about the inadequacy of Mr Netanyahu's apologetic admission that last week's announcement of a plan to expand the Ramat Shlomo settlement was badly timed. As the American Secretary of State, Hillary Clinton, made admirably clear to the
Israeli Prime...
AMERICAS
Top Americas Stories
U.S.
Obama assures Indonesians he will visit this year
Alex Brandon President Barack Obama, right, talks with Rep. Bart Stupak, D-Mich., after signing the HIRE act
jobs bill in the Rose Garden of the White House in
Washington Thursday, March 18, 2010. More
News President Barack Obama is assuring the people of
Indonesia that he is looking forward to visiting his former home once the
health care debate is resolved. Obama put off a trip to Indonesia until this summer as the health care overhaul gained steam in Congress this week. A vote in the House is...
EXPORT
Fishing nations won a victory over environmentalists Thursday when a U.S.-backed proposal to ban export of Atlantic bluefin tuna was overwhelmingly rejected at a United Nations wildlife meeting.
www.latimes.com/news/nationworld/world/la-fg-tuna19-2010mar1...
DOHA, Qatar (AP) -- A U.S.-backed proposal to ban the export of Atlantic bluefin tuna prized in sushi was rejected today by a U.N. wildlife meeting, with scores of developing nations joining Japan in opposing a measure they feared would devastate fishing economies.
theworldlink.com/articles/2010/03/19/news/rejects_export_ban...
Myanmar private companies are striving to expand soft-shell crabs export market to European Union countries this year as production with the exporting items is making progress, sources with the Crab Entrepreneurs Association (CEA) said on Thursday. A soft-shell crab breeding zone has been established in the country's southernmost Myeik archipelago in Taninthayi division to raise the production ...
english.people.com.cn/90001/90778/90858/90863/6924416.html
WASHINGTON — India Thursday criticized U.S. export controls as it prepares to a further liberalization of foreign investment in India following the signing of a bilateral trade pact in Washington.
www.mcclatchydc.com/2010/03/18/90677/india-eases-investment-...
Fishing nations have won a victory over environmentalists, with a US-backed proposal to ban export of the Atlantic bluefin tuna overwhelmingly rejected at a UN wildlife meeting.
www.smh.com.au/environment/conservation/the-tuna-export-ban-...
Fishing nations won a victory over environmentalists Thursday when a U.S.-backed proposal to ban export of the Atlantic bluefin tuna was overwhelmingly rejected at a U.N. wildlife meeting.
news.yahoo.com/s/ap/20100318/ap_on_bi_ge/ml_un_saving_specie...
A US-backed proposal to ban the export of Atlantic bluefin tuna prized in sushi has been rejected by a UN wildlife meeting, with scores of developing nations joining Japan in opposing a measure they feared would devastate fishing economies.
www.3news.co.nz/UN-rejects-export-ban-on-Atlantic-bluefin-tu...
A U.S.-backed proposal to ban the export of Atlantic bluefin tuna prized in sushi was rejected Thursday by a U.N. wildlife meeting, with scores of developing nations joining Japan in opposing a measure they feared would devastate fishing economies.
news.yahoo.com/s/ap/20100318/ap_on_re_mi_ea/ml_un_saving_spe...
A U.S.-backed proposal to ban the export of Atlantic bluefin tuna prized in sushi was rejected by a U.N. wildlife meeting, with scores of developing nations joining Japan in opposing a measure they feared would devastate fishing economies.
www.nytimes.com/aponline/2010/03/18/world/AP-ML-UN-Saving-Sp...
Thai rice exporters have urged the government to increase the varieties of jasmine rice grades in order to increase export opportunities.
www.nationmultimedia.com/home/2010/03/19/business/Firms-seek...
IMPORT
March 19 (Bloomberg) -- Russia’s government is considering suspending its import duty on foreign airplanes, including those made by Airbus and Boeing, Vedomosti reported, citing domestic airline OAO Transaero.
www.bloomberg.com/apps/news?pid=20601095&sid=aVSOXKqtZZYI
Bundle Box, an import service that lets customers order and import goods from the US, has had to temporarily halt iPad pre-orders to give it time to process the flurry of purchases from the UK. Bundle Box registers free US postal addresses for its customers so they can place orders through US retailers, such as the US online store at apple.com.
mint.macobserver.com/feeder/?FeederAction=clicked&feed=rss%2...
The authorities have banned the import of fowl, fowl carcasses as well as eggs meant for breeding purposes from countries hit by avian influenza.
www.nationmultimedia.com/home/2010/03/19/national/Govt-bans-...
The authorities have banned the import of fowl, fowl carcasses as well as eggs meant for breeding purposes from countries hit by avian influenza. Bird flu has recently been detected in India, Banglade...
feeds.thailandnews.net/?rid=33253491&cat=7eb51d3138244bed
The authorities have banned the import of fowl, fowl carcasses as well as eggs meant for breeding purposes from countries hit by avian influenza. Bird flu has recently been detected in India, Bangladesh, Vietnam, Israel, Cambodia, Burma, Nepal and Bhutan.
www.nationmultimedia.com/home/Govt-bans-import-of-fowl-from-...
Derby Ace (formerly Purefoods) coach Ryan Gregorio and team manager Alvin Patrimonio took some time before choosing 6-foot-6 lefty Lorrenzo Wade, the import they believe is the right piece that would help Derby Ace complete its bid of winning a second straight PBA crown.
www.gmanews.tv/story/186390/llamados-tap-young-import-as-fie...
Morocco import MAD956.6m in January
www.menafn.com/qn_news_story_s.asp?StoryId=1093314600
KARACHI (March 17 2010): Following the directive of Economic Co-ordination Committee (ECC), the Trading Corporation of Pakistan (TCP) on Tuesday issued first tender for 125,000 tons urea import on short notice to meet shortage in Kharif season.
www.brecorder.com/index.php?id=1032162&currPageNo=1&query=&s...
MANILA, Philippines - Four returnees, headed by last year’s Best Import Gabe Freeman of San Miguel Beer, and six newcomers, including NBA veteran Awvee Storey of Barangay Ginebra, will be featured in the PBA Fiesta Conference which fires off Sunday at the Araneta Coliseum.
www.abs-cbnnews.com/sports/03/16/10/import-returnees-spice-f...
Russian Prime Minister Vladimir Putin offered Tuesday to abolish import duties on Russian oil for neighboring Belarus starting in 2012.
biz.yahoo.com/ap/100316/eu_belarus_putin.html?.v=2
FOREX
All the standard proxies for risk appetite and risk aversion seem to be pointing to a steady advance in investor sentiment and the evolution of a true bull market.
www.dailyfx.com/forex/fundamental/article/carry_trade_basket...
USDCAD has broken through support near 1.0230, the intersection of a major double bottom and the lower boundary of a falling channel set from the swing high in February.
www.dailyfx.com/forex/technical/candlesticks/usd-cad/2010-03...
AUDUSD positioning hints of a forthcoming bearish reversal with prices showing a Harami candlestick pattern below resistance at the upper boundary of a Rising Wedge chart formation. We will wait for confirmation on a bearish close for the current candle and begin look for selling opportunities.
www.dailyfx.com/forex/technical/candlesticks/aud-usd/2010-03...
Dollar Recovers Ground as Traders Focus Risk Trends rather than Tame Inflation The dollar is a multi-faceted asset with functions that range well beyond a simple currency that reflects the health of the US economy that it represents. Today’s price action was a good indication of this complexity.
www.dailyfx.com/forex/fundamental/daily_briefing/session_bri...
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