Italy Lobbying EU To Keep Energy Out Of Sanctions Package Against Russia – Italy Government Sources
–Rome hopes any sanctions would unfold in stages, sees energy sanctions as ‘last resort’ given Italy’s dependence on Russian gas By Silvia Marchetti ROME (MaceNews) – Italy is lobbying at the European level to exempt Russian energy exports from the European Union’s potential sanctions as Italy would end up paying the highest price, according to […]
Japan Nov Exports Pick Up Pace on Eased Supply Delays, Reopening Demand
— Imports Surge on Rising Energy Costs, Leading to 4th Straight Trade Deficit By Max Sato (MaceNews) – The pace of year-on-year increase in Japanese exports picked up in November after slowing in October amid a recent improvement in parts supply from Southeast Asia but global transport bottlenecks and the spread of the Omicron coronavirus […]
US Data Preview Commentary: Retail Sales, Housing Starts, and More Angst About Threats of Partisan Violence
By Denny Gulino WASHINGTON (MaceNews) – A week of ordinary and not too consequential economic data, like October retail sales and housing starts, a US-China summit chat, the signing of BIF (Amtrak fans rejoice) and more socioeconomic angst reflected in a flurry of essays about America’s threatened civil war. No one needs to be told […]
Japan Sept Exports Slower as Global Supply Chain Snag Cuts Auto Shipments
— Imports Surge on Energy, Vaccines, Leading to 2nd Straight Trade Deficit By Max Sato (MaceNews) – Japanese exports stayed above the level seen a year earlier in September but the pace of increase continued decelerating as carmakers and electronics firms cannot meet reopening demand amid worsening global supply chain disruptions, data released Wednesday by […]
FACT SHEET: THE BIDEN-HARRIS ADMINISTRATION’S NEW APPROACH TO THE U.S. – CHINA TRADE RELATIONSHIP
WASHINGTON (MaceNews) – The following is a fact sheet issued by the U.S. Trade Representatives Office and the White House, summarizing the comments by USTR Katherine Tai Monday in an appearance at the Washington think tank CSIS: Joe Biden ran for president on a promise to restore the backbone of this country, the middle class. […]
MaceNewsViews: Commentary – Even With a Prisoner Exchange, China Seen as Heavy-Handed
By Eric Ham WASHNGTON (MaceNews) – Now that China has completed a prisoner exchange with Canada and the United States with high-stakes trade and economic ramifications, its international reputation as heavy-handed and clumsy has not necessarily been improved. Canadians Michael Kovrig and Michael Spavor landed in Calgary, Alberta early Saturday in exchange for Meng Wanzhou, […]
Japan Govt Sees Slower Economic Pickup Amid Disrupted Supply Chains, Pandemic Spike
— Consumption, Factory Output Downgraded While Exports on Track By Max Sato (MaceNews) – Japan’s government Thursday provided a more cautious view of the recent pickup in the domestic economy, saying its pace is slowing in the face of global supply chain disruptions and a surge in coronavirus cases, according to its monthly report released […]
Japan Aug Export Rise Slows; Trade Deficit on Energy, Vaccine Import Surge
By Max Sato (MaceNews) – Japanese exports continued rising at a double-digit rate on year in August after the pandemic-triggered 2020 slump, but their momentum lost steam amid global supply chain disruptions and rising Covid-19 cases, data released Thursday by the Ministry of Finance showed. Demand for Japanese iron and steel as well as semiconductor-producing […]
Saturday Washington Schedules from MaceNews
WASHINGTON (MaceNews) – The following are Saturday’s schedules for the White House, Treasury, the State Department, USTR, the Capitol and for upcoming Federal Reserve events: The White House DAILY GUIDANCE AND PRESS SCHEDULE FORSATURDAY, AUGUST 28, 2021 In the morning, the President and the Vice President will meet with their national security team to hear […]
Japan July Exports Continue Rising From Pandemic-Hit 2020; Flat on Month
By Max Sato (MaceNews) – Japanese exports continued posting a sharp year-on-year rise in July, recovering from the pandemic-caused slump of 2020, led by demand for automobiles and steel as seen in recent months, data released Wednesday by the Ministry of Finance showed. Japanese passenger cars, steel and semiconductor-producing equipment continued drawing strong demand while […]