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US-China trade dispute
US wants allies to cut chip-related China exports amid Huawei alarm
...The White House and commerce department declined to comment. Japan’s ministry for economy, trade and industry and the Dutch government also declined to comment....
April 25, 2024
Vanguard Group Inc
Vanguard funds invest in China military groups, report says
...Both Avic and AECC are on the US commerce department’s Military End User List, which restricts trade between them and US companies....
October 12, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthUS Inflation Reduction Act
Biden subsidies stoke arms race among states to woo projects
...“It’s a bit like the nuclear arms race — everyone is in the incentives game,” said Pat Wilson, the commissioner for Georgia’s department of economic development....
May 7, 2023
Capita PLC
M&S and Diageo pension schemes hit by Capita cyber attack
...The Information Commissioner’s Office, the data regulator, said if a person’s identity was stolen, the victim was at risk of losing money and could find it difficult to acquire loans, credit cards or a mortgage...
May 19, 2023
Letter
Letter: Let’s put a philanthropist on Foreign Office plinth
...inward investors and UK small and medium-sized enterprises across (at least) three government departments....
April 17, 2024
Special ReportFuture of Water
US housing market belatedly wakes up to flood risk
...Shawn LaTourette, commissioner of NJDEP, believes the problem is both climate change and bad water management....
March 22, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Blockchain
Case for blockchain in financial services dented by failures
...Letter in response to this article: Here’s another diagnosis of recent blockchain mishaps / From Alisa DiCaprio, Chief Economist, R3; Former Chair, Fintech Committee at the US Department of Commerce, New...
December 30, 2022
Cryptocurrencies
Binance’s $4.3bn fine was set high as a warning, says US regulator
...“The attention [on illicit crypto activity] is going to be heightened as a result of Binance and some of the other cases that have been brought by the [US Department of Justice] and other agencies,” she...
December 5, 2023
EU-China relations
EU trade commissioner to seek relief from export barriers during China visit
...Sun Yongfu, former director-general of the Europe department in China’s commerce ministry, said Europe was overdoing talk of systemic rivalry. “De-risk doesn’t mean de-cooperating,” he said....
September 22, 2023
FT CollectionsClimate Exchange
Richard Spinrad: Climate disaster map does not align with political map
...My agency actually sits in the Department of Commerce, and oftentimes there’s been a question as to whether we can effectively be good stewards of the environment and also stimulate economic development....
April 22, 2024
UK trade
Mounting costs and red tape hit UK exporters three years after Brexit
..., the British Chambers of Commerce has warned....
December 19, 2023
Inside Politics
Rishi Sunak doesn’t help his chances amid a dire public realm
...Sunak, meanwhile, proposes to go to the country on a ticket that pledges to cut public spending to fund the abolition of national insurance and a slower path to net zero....
March 27, 2024
The Big Read
Shipbuilding: the new battleground in the US-China trade war
...The digital component of transport and logistics is arguably as crucial to security and commerce as what gets made in shipyards....
March 12, 2024
UK trade
UK-India trade deal talks hit impasse over social security payments
...Indian nationals accounted for about one-third of UK “worker” visa grants last year. The UK business and trade department said: “The UK and India continue to work towards an ambitious trade deal....
February 10, 2024
COP28
COP28 draft agreement drops phaseout of fossil fuels
...John Silk, minister of natural resources and commerce for the Marshall Islands, said the country “did not come here to sign our death warrant”, calling for a fossil fuel phaseout....
December 11, 2023
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Special ReportInvesting in America
Biden’s flagship acts trigger subsidy wars
...“The Inflation Reduction Act is a rising tide that can lift all boats,” says Aaron Brickman, a former US Department of Commerce official and senior principal at RMI, an energy consultancy....
November 7, 2023
Strategic Petroleum Reserve USA
Reimagining the SPR
...The Department of Energy (DOE) and the CHIPS office at the Department of Commerce (DOE) both have “other transactions authority” — allowing the agencies to engage in all manners of creative contracts....
February 24, 2024
Elina Ribakova
Economic sanctions risk losing their bite as a US policy weapon
...A few hundred government officials responsible for export controls in the US Department of Commerce cannot police the entire world....
November 7, 2023
Disrupted Times
Stubborn inflation prompts Europe’s central banks to diverge from Fed
...European trade commissioner Valdis Dombrovskis told the Financial Times he was in favour of postponing the reimposition of retaliatory tariffs on goods such as bourbon whiskey and Harley-Davidson motorbikes...
December 15, 2023
FirstFT
FirstFT: US government debt ‘flood’ to put pressure on banks
...The head of Saudi Arabia’s sovereign wealth fund and PGA Tour commissioner Jay Manahan explained to the Financial Times how the unlikely deal was brokered....
June 7, 2023
Climate change
Insurance industry pushes back on US climate risk data demand
...In written comments, the National Association of Insurance Commissioners said the federal government should “leverage publicly available data and work with state regulators to better inform a data collection...
December 22, 2022
Drug prices
Novartis boss warns US drug pricing reform poses risk to public health
..., the US Chamber of Commerce and Phrma....
July 25, 2023
Transcript
Transcript: Culture Chat — What makes the Super Bowl so super?
...He’s on TV all the time doing ads for insurance. And he’s, like, quite funny and charming. And glib. So he’s great. He’s a great kind of a front for the NFL....
February 9, 2024
The Big Read
The cheque book COP: UAE’s $200bn bid for climate influence
...Department of Economic Development....
November 28, 2023
Capita PLC
Capita says cyber attack will cost it up to £20mn
...The outsourcer has cyber insurance which covers some of the direct costs relating to the incident....
May 10, 2023

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