U.S. President Barack Obama has signed into law trade agreements with South Korea, Colombia and Panama. Supporters say the deals will boost U.S. exports by billions of dollars and preserve or create hundreds of thousand of jobs in the United States. Opponents say the agreements will hurt rather than help American workers. After the signing […]
Obama Signs Korea, Colombia, Panama Trade Deals
Obama Signs Korea, Colombia, Panama Trade Deals
U.S. President Barack Obama signed trade agreements with South Korea, Colombia and Panama into law on Friday. Supporters say the deals will boost U.S. exports by billions of dollars and preserve or create hundreds of thousand of jobs in the United States. Opponents say the agreements will hurt rather than help American workers. The agreements […]
Uganda Halts New Oil Deals Following Accusations of Bribery
Lawmakers in Uganda have temporarily suspended the signing of all new oil deals until new regulatory laws are passed. Uganda’s parliament made the move Tuesday following allegations that bribes were given to several top Ugandan politicians in order to secure the purchase of some of the country’s oil assets. In particular, lawmakers withheld approval of […]
Obama Submits Three Trade Deals to Congress
U.S. President Barack Obama has sent three long-delayed trade agreements to Congress for ratification. The deals involve the countries of South Korea, Colombia and Panama. Negotiated by Mr. Obama’s Republican predecessor, President George W. Bush, they are predicted to boost annual U.S. exports by $13 billion. In a White House statement Monday, Mr. Obama said […]
White House Nears Submission of Trade Legislation to Congress
U.S. President Barack Obama says he will have an announcement soon on long-delayed free trade deals with South Korea, Colombia and Panama. The president told reporters Monday the announcement would come “in the next day or so.” The three deals — negotiated by Mr. Obama’s Republican predecessor, President George W. Bush — could potentially boost […]