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TRADE

The Wire

Tigers Acquire SS Renteria From Braves

The Detroit Tigers filled their No. 1 need Monday, acquiring All-Star shortstop Edgar Renteria from the Atlanta Braves for two prospects. Complete Story...

Nets Acquire Wesley to Open Roster Space

The New Jersey Nets opened two roster spots on Monday, trading swingman Bernard Robinson, center Mile Ilic and cash considerations to the New Orleans Hornets for veteran guard David Wesley.

Bill Would Change Trade Adjustment Plan

A House committee on Wednesday approved an overhaul of a program designed to help workers who lose their jobs because of foreign competition.

Heat Trade Antoine Walker to Wolves

Antoine Walker's turbulent time with the Miami Heat is over. The Heat traded the three-time All-Star forward to the Minnesota Timberwolves on Wednesday in a five-player deal that came one day after Miami completed a winless preseason.

US Official Urges Passage of Trade Deal

The Bush administration warned Monday that failure by Congress to adopt a free trade agreement with Colombia would bolster the anti-American campaign of Venezuelan President Hugo Chavez.

Commerce Head Pushes Free Trade Pacts

The Bush administration said Monday Congress should not punish Colombia by refusing to act on a pending free trade agreement with the country.

Chargers Get WR Chambers From Dolphins

The next time Chris Chambers steps into a huddle, his teammates will include LaDainian Tomlinson, Antonio Gates and Philip Rivers.

Rice Pushes 3 Latin America Trade Pacts

The Bush administration will have to address growing concerns about globalization as part of its effort to get Congress to approve four pending free trade agreements, Secretary of State Condoleezza Rice said Tuesday.

Soybean Futures Advance, Wheat Falls

Corn and soybean prices climbed Tuesday on the Chicago Board of Trade, while wheat prices slipped.

China Clothing Exports to Europe Monitored

The European Union and China have agreed to monitor Chinese clothing exports to Europe until the end of 2008, the European Commission said Tuesday — a move that should ease trade tensions.

Costa Rica to Join Free Trade Agreement

Costa Ricans prepared on Monday to join a controversial free trade agreement with Central American neighbors, the Dominican Republic and the U.S. after a thin majority apparently backed the pact in a national referendum.

Costa Rica Leader: Trade Pact Passes

Costa Ricans on Sunday appeared to narrowly vote in favor of joining the Central American Free Trade Agreement with the U.S., and President Oscar Arias declared victory for the pact. But with results so far contradicting most earlier polls, the opposition balked at conceding before a manual recount.

Seahawks Trade DE Bryce Fisher to Titans

Defensive end Bryce Fisher is leaving Seattle and Charlie Frye is on the way to the Seahawks. Fisher, benched by Seattle after starting for two seasons, was traded to Tennessee on Tuesday.

Edwards Touts Trade Policy for Workers

With intensity that matched the heat, Democratic presidential hopeful John Edwards continued his scorching criticism of special interests Saturday, telling voters his trade policies would work for them, not big corporations.

Rangers Trade Players to Red Sox, Braves

There were just two big trades Tuesday before baseball's deadline passed to make deals without waivers: Eric Gagne went from Texas closer to Boston setup man, and Atlanta finalized its seven-player trade to acquire power-hitting first baseman Mark Teixeira from the payroll-paring Rangers.

Red Sox Acquire Eric Gagne From Rangers

Eric Gagne's comeback has landed him a new role on a new team: helping the Red Sox close out the Yankees. Gagne, pitching like his old self following two elbow operations and back surgery, was acquired by Boston for the stretch run on Tuesday from the Texas Rangers, who also unloaded first baseman Mark Teixeira to Atlanta in a seven-player swap.

Proctor to Dodgers, Betemit to Yankees

The New York Yankees traded workhorse reliever Scott Proctor to the Los Angeles Dodgers for infielder Wilson Betemit on Tuesday in a deal that could add some punch to their limited bench.

Source: T-Wolves to Send K.G. to Celtics

Kevin Garnett is leaving Minnesota after the Boston Celtics agreed to acquire the All-Star forward in a multiplayer trade with the Timberwolves, a Celtics official told The Associated Press on Monday.

U.S. Treasury Secretary Visits China

For months, U.S. lawmakers have warned Treasury Secretary Henry Paulson that patience was wearing thin as his economic dialogue with China failed to produce breakthroughs on currency and other disputes.

Sonics Get Thomas, 2 Picks From Suns

The Seattle SuperSonics acquired veteran forward Kurt Thomas and the Phoenix Suns' first-round draft choices in 2008 and 2010 on Friday in exchange for a conditional second-round draft choice.

US, Australia Aim to Revive Trade Talks

The United States and Australia want Pacific Rim countries representing half of world economic output to sign off on a statement they hope will breathe life back into stalled global trade talks.

Currency Issues Shadow U.S.-China Talks

Shi Xianbin has watched with alarm as China's currency has risen against the U.S. dollar, driving his small textile company to slash prices to stay competitive abroad.

China Begins U.S. 'Buying Mission'

China is on another U.S. shopping spree that appears to be as much about salesmanship as the country's rapidly growing purchasing power.

U.S. Says Mexico Truck Program on Track

A pilot program to allow Mexican trucks into all areas of the United States should be in place by July, a top U.S. trade official said Tuesday.

South Korea, EU Launch Trade Talks

South Korea and the European Union were set to launch free trade talks on Monday, a deal both sides said would boost bilateral commerce and complement efforts to forge a global trade pact.

The Vine

Braves trade Renteria to Tigers for two prospects

Source: CNN

The Detroit Tigers addressed one of their biggest needs Monday, acquiring shortstop Edgar Renteria from the Atlanta Braves for two prospects.

Rumor: Wizards could offer Arenas in a Kobe deal

Source: Yahoo! Sports

....One general manager on the periphery of the Kobe Bryant talks says he believes the "dark horse" to make a deal with the Los Angeles Lakers is the Washington Wizards. The consensus is the Wizards have hit a plateau, but have the star power in Gilbert Arenas to make a deal....

Bulls, Lakers Kobe Trade Talks in Progress

Source: ESPN.com

The Kobe Bryant-to-Chicago trade talks are very real, and they've been real for a while.

German chancellor Angela Merkel four-day trip to India

Sunday, October 28, 2007 German chancellor Angela Merkel four-day trip to India Angela Merkel will be on a four-day trip to India her first trip as Chancellor along with a trade delegates.

NBA Rumor: Kobe Bryant Trade to Detroit Pistons

Source: detnews.com

....Even some Pistons heard it. Let's call it: The Rumor. The tall tale went like this: The Pistons could get Lakers guard Kobe Bryant in a trade.

The Kobe conundrum

If he is traded, let's hope you're not stuck behind Kobe Bryant at the airport baggage check. He's going to be a while. Fortunately, it's very unlikely Bryant will be traded. It's even more unlikely he would be flying coach.

Are we revisiting the past? - BetOnMarkets.com

Source: BetOnMarkets.com

Last week the 20 year anniversary of the 1987 crash passed with a significantly negative close for all major stock markets.

China Sovereign Wealth Fund Could Buy Every US Company

Source: Bits of News

While wages in the USA haven't risen in 30 years, in Asia they're going up about 10% per year. The Asians are making money. What will they do with all that money? What they will do is to use their paper US dollars to buy America's valuable assets.

FT.com / World - Ghost road to boost India-China trade

Source: FT.com

Overgrown and disused for much of the last 60 years, a ghost road that connects India to China via Burma will soon reappear on maps of the region.

No Cheers For CAFTA

Source: tompaine.com

The Wall Street Journal may say "Bravo, Costa Rica" on its Opinion page October 9, but almost half of the people who voted in the Central American Free Trade Agreement referendum October 7 are not celebrating.

King Hemp V: Industrial Disease

Source:

The magnificence of hemp keeps getting harder to deny. Nothing gives The People greater potential for breaking the biocidal stranglehold of CorpoWorld.

Just How Much Trouble is the US Economy In?

Source:

The US government requires $70 billion a MONTH in capital inflows (borrowed money) to cover its current account deficit (i.e. the money it is spending - in Iraq for instance -- but not collecting in taxes from its citizenry.

IMF dollar views hit euro zone political nerves | Reuters

Source: Reuters

WASHINGTON, Oct 20 (Reuters) - The International Monetary Fund is riling some Europeans by going public with its view that the dollar remains overvalued, highlighting the pitfalls of its push to monitor exchange rates more aggressively.

EU trade chief calls for aggressive action against China

Source: International Herald Tribune

Admitting that dialogue and cooperation with Beijing have failed to secure concessions for Europe, the European Union's top trade official has called for more aggressive action - in line with the United States - to hit back at Beijing.

Kobe Bryant denies report he cleaned out locker; Phil says he can't comment

Source: Fox Sports

"I don't know, talk to Mitch and Mr. Buss about that," Bryant replied when asked if he had played his final game for the Lakers, referring to general manager Mitch Kupchak and the team's owner. "I'm just getting ready. If I'm here, I'm ready to strap it up."

Sign On to Moratorium on Free Trade Agreements

Source: democracyinaction.org

Endorse the call for a moratorium on Free Trade Agreements by signing this online petition.

China, U.S. Near 1st Agreement on Food Imports

Source: WorldNetDaily

As if it was not bad enough to have toys imported from China with lead paint , poisoned pajamas and pet food that killed animals...now we are going to import food from there that I am supposed to feed my family???? What are they smoking in Washington??

Weakening dollar pulls in Ecuador's neighbour

Source: ftd.de

When Ecuadorians go to the gas station, they pay using American dollars, whether they know who George Washington is or not. So, with a particularly low value of the U.S.

US faces US$100 billion fine for internet gambling ban

Source: itnews.com.au

The US could be liable for up to US$100 billion in trade concessions to European industries after placing illegal discriminatory trade restrictions on European gaming operators.The disputed concessions arise from Antigua's victory earlier this year when the WTO ruled that the US  …

U.S. chides China for worrisome industrial policy

Source: Reuters

"This, I would say, is a potentially worrisome trend," he said. "Over the last thirty years, China has been fairly open to foreign participation in its economy ... What we're seeing with these industrial policies is, in my view, perhaps an effort to close the doors a little bit."

What the falling dollar means for you

Source: MSN

...Thinking about a trip to Europe? Start saving. Because of the weakening U.S. dollar, travel overseas is becoming more expensive.

Sarkozy Goes to Russia.

French President Nicolas Sarkozy is currently in Russia for talks about Frances future energy supplies.

Wall street Rally...Credit Crisis Over? | BetOnMarkets.com

Source: BetOnMarkets.com

Last week the ECB (European central bank) and MPC (UK central bank) opted to take a 'wait and see' approach with interest rates. Both announced that they would be leaving interest rates on hold, preferring to see how their respective economies hold up after the summer turmoil.

Obama calls for pollution cap-and-trade program - MarketWatch

Source: MarketWatch.com - Top Stories

WASHINGTON (MarketWatch) -- Democratic presidential contender Barack Obama on Monday said that if elected he would establish an economy-wide cap-and-trade program that would sharply cut greenhouse-gas emissions by 2050.

Kucinich Links Economic, Immigration Problems to Trade Issues

Source: On The Hill

Democratic presidential candidate Dennis Kucinich told audiences in California and Oregon yesterday that the United States would not be able to resolve its economic and immigration issues until it resolves its trade policies, and he renewed his promise that his first act in offic …

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