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May 23, 2017

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Business > Americas
Standard & Poor's raised Argentina's credit rating one notch Tuesday, from B- to B, saying Latin America's third-largest economy was on the verge of exiting recession.
 
Passenger car sales plummeted again in March, dragging U.S. auto sales to their third straight monthly decline, a strong indication that years of sales growth have come to an end.
 
Maine asks for Fed help with lobster trade gap
As a trade deal between the European Union and Canada nears completion, politicians in Maine want the federal government to find a way to prevent the U.S. from landing in a major trade disadvantage over a valuable, and tasty, resource - lobsters.
 
Panama Papers: a boost to the battle over tax, but no silver bullet
The Panama Papers have given ammunition to the fight against tax evasion, but much still needs to happen before the world's tax dodgers run out of places to hide money, experts say.
 
Oregon's first-in-the-nation bottle recycling program will now double the payout for used soda cans and glass bottles, and frugal residents have been stockpiling for months in anticipation.
 
Trump preparing to name and shame trade 'cheats,' including India
President Donald Trump will order staff Friday to pinpoint countries and goods responsible for America's nearly US$50 billion trade deficit, in a protectionist warning shot to trade partners like China.
 
As U.S. President Donald Trump launches a campaign to pinpoint abuses that are causing massive trade deficits for his country, the Ministry of Economic Affairs (MOEA) said it does not see Taiwan as a likely target for any sanctions from the U.S.
 
A U.S. central banker said on Wednesday he favors four increases in the key interest rate this year, one more than projected by the majority of Federal Reserve policymakers.
 
The United States launched an anti-dumping investigation against imports of Chinese aluminum foil on Tuesday, the latest in a series of cases against the country that could result in the imposition of punitive duties.
 
Drones should transmit identifier: manufacturer
The world's largest manufacturer of civilian drones is proposing that the craft continually transmit identification information to help government security agencies and law enforcement figure out which might belong to rogue operators.
 
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