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Iranian Oil Exports Continue to Fall

Iranian Oil Exports Continue to Fall

Comstock/Thinkstock(NEW YORK) — There is further evidence that financial sanctions and an embargo on Iranian oil imposed by the U.S. and the European Union are having a crippling effect on Iran’s economy.  The sanctions were imposed to comp…

Iran Now Threatening to Cut Off All Oil Exports

Iran Now Threatening to Cut Off All Oil Exports

iStockphoto/Thinkstock(TEHRAN, Iran) — Iran warned the international community that if sanctions tighten further over its rogue nuclear program, Tehran will be left with no choice but to stop all oil exports.If that happens, Iranian Oil Minister Rosta…

US Manufacturers Get Boost from Overseas Customers

US Manufacturers Get Boost from Overseas Customers

ABC News(NEW YORK) — A few years ago, Signature Systems Group, which makes portable flooring and fencing products, had $10 million in annual sales and only sold its products in the U.S.Now, more than half of the Bronx, N.Y., company’s customers …

Fears Mount as China Reports Weak Trading Data in July

Fears Mount as China Reports Weak Trading Data in July

iStockphoto/Thinkstock(BEIJING) — Worries are mounting over the strength of the global economy after China, the world’s second largest economy, reported worse than expected trade data on Friday.In July, China’s exports rose by 1 percent from a y…

US Products Are Tops in the Middle East

US Products Are Tops in the Middle East

John Foxx/Thinkstock(NEW YORK) — From cars and food to clothing and businesses, consumers in the Middle East love their U.S. products.According to the U.S.-Arab Chamber of Commerce, U.S. exports to the Arab world are expected to reach $117 billion nex…

Obama Signs Export-Import Bank Reauthorization

Obama Signs Export-Import Bank Reauthorization

File. Official White House Photo by Pete Souza(WASHINGTON) — President Obama signed legislation Wednesday to reauthorize the Export-Import Bank, saying the bill will help boost U.S. exports and create jobs here at home.Hitting on campaign themes, the…

Made in America, Please? China Shells Out for US Exports

Made in America, Please? China Shells Out for US Exports

Dynamic Graphics/Thinkstock(NEW YORK) — In China, there is a hunger for all things American — and U.S. businesses, small and large, are taking note.According to the U.S.-China Business Council, the Chinese spent $104 billion in U.S. exports in the la…

Obama to Colombia to Boost US Exports

Obama to Colombia to Boost US Exports

Official White House Photo by Pete Souza(TAMPA, Fla.) — President Obama visited one of the nation’s busiest seaports Friday as a prelude to a weekend South American summit that he said is about courting customers for U.S. exports in order to boo…

Obama to Colombia to Boost US Exports

Obama to Colombia to Boost US Exports

Official White House Photo by Pete Souza(TAMPA, Fla.) — President Obama visited one of the nation’s busiest seaports Friday as a prelude to a weekend South American summit that he said is about courting customers for U.S. exports in order to boo…

Obama Pressures China Over Access to Rare Earth Minerals

Obama Pressures China Over Access to Rare Earth Minerals

iStockphoto/Thinkstock(WASHINGTON) — President Obama Tuesday stepped up efforts to enforce U.S. trade rights with China, announcing new plans to challenge China’s export limits on rare earth and other minerals key to high-tech manufacturing.&ldq…

Iran Halts Oil Shipments to Britain and France

Iran Halts Oil Shipments to Britain and France

Digital Vision/Thinkstock(TEHRAN, Iran) — Iran halted export of oil to Britain and France in response to sanctions imposed on the country by the European Union.The oil ministry made the announcement on their website on Sunday. The EU imposed the sanct…

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