Global Trade & Economy

Global Trade & Economy

Wyden, Lew vow to 'economically, politically isolate' Russia

New Senate Finance Committee Chairman Ron Wyden (D-Ore.) said his panel is looking down many economic avenues to convince Russia to step back from its move into Crimea. 

In his first hearing as the head of the committee, Wyden said his committee is "now looking at every possible economic lever to pressure Russia to step back from its unprovoked incursion into Crimea."

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Kerry doubles down on climate change

“What I said about climate change is that it's one of the ... two or three weapons, or instruments, of mass destruction, which it is," Kerry told MSNBC.

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No deal after four days of Asia-Pacific talks

Trade negotiators on Tuesday wrapped up four days of high-level talks on an Asia-Pacific trade deal without reaching a final agreement.

U.S. Trade Representative Michael Froman said officials made inroads on market access, among a broad range of other issues, but said the deadline to complete the far-ranging Trans-Pacific Partnership (TPP) remained dependent on achieving the high standards staked out since the start of the talks.

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Russian economic official presses for improved US ties

A top Russian economic official said his country is ramping up efforts to boost trade and investment opportunities for U.S. businesses.

Alexey Ulyukaev, the Russian minister of economic development, said his country and the United States are somewhere between “good and not good” on trade and investment issues so “there is a lot of room for development.”

 

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