STORE

exports

Market displays on a monitor show the latest international currency rates, in green, and fluctuations in the Israeli stock market, as a broker keeps an eye on the news of Israeli Prime Minister Ariel Sharon's slightly improved health in the trading room of the First International Bank of Israel January …

Israel’s Economy Performing Better Than Expected

Israel’s economy is performing better than previously expected, the country’s Central Bureau of Statistics (CBS) reported Thursday, updating its annualized growth projection for 2016.

Office of the Iranian Supreme Leader via AP

Iran’s Khamenei: ‘The Americans Cannot Be Trusted’

Iran’s Supreme Leader Ayatollah Ali Khamenei reiterated his distrust of the United States to the Iranian people on Monday and called for Iran to be self-sufficient in order to prevent reliance on Western powers.

China Trade Musadeq SadeqAP

30 Years of ‘Free Trade’ Brings 400% Trade Deficit with China

There is much debate over the negative effects of massive trade deficits, and what the best strategy for correcting them might be, but it’s hard to deny the U.S. trade deficit with China is staggering in scale … and it got that

Rice (Romeo Gacad / AFP / Getty)

El Niño: China, Facing Drought, Accepts U.S. Rice

China’s President Xi Jinping will sign an agreement to open up China’s rice market to U.S. exports as part of his economic charm offensive this week, after signing a $38 billion aircraft deal with Boeing in Seattle.

Barack Obama

Politico: What’s Actually in ObamaTrade

From Politico: Vietnam slaps tariffs of 70 percent on U.S. cars and machinery, 35 percent on U.S. chemicals, 30 percent on U.S. biscuits and baked goods, and 25 percent on U.S. recording equipment. Japan marks up our oranges 16 percent

Xinhua/Guo Chen/AFP

Report: ‘Real’ China GDP Shrinks as Demand Collapses

Lombard Street Research (LSR) has reported that China’s “real” (after-inflation) GDP actually fell -0.2% for the quarter ending March 2015. Despite the official government claim of +1.3 percent growth for the quarter and +7 percent annualized growth. China’s quarterly performance