World Business Exchange

The Import Export Resource for International Trade from Home

Issue: 2
   
   


WBE Net Newsletter

Release Date: 9-18-07

 

 

Record US Exports Expected to Continue

(Los Angeles) 

Hailing the hard work put in for two decades by thousands of students of the World Business Exchange nationwide, WBE Net Founder and CEO Roosevelt Roby reports he is convinced 2007 will be the best year ever for American exporters.  "Our exports are the pillar of the US economy," says Roby, who cites the fact that in 2006, Americans sold more than 1.4 trillion dollars in goods and services to the world - a record - and that quarterly tracking indicates an even stronger 2007 performance.  Among leading US export sectors, adds Roby, are industrial chemicals, automobiles and auto parts, petroleum-based goods, aircraft and software.

 

Senate Applies Brakes to US/Mexico Truck Program

(Washington)

The fate of a one-year experiment that would allow hundreds of Mexican big rigs to deliver loads throughout the United States is up in the air following US Senate action to put the program on hold.  The September 11 vote was 74-24 to halt funding for the program, and was attached to a major transportation bill.  The fight against the pilot program was led by North Dakota Democrat Byron Dorgan, though it also attracted support from some Republicans.  The vote follows similar action by the House, and could set the stage for a possible veto by President Bush. Mexico is the US's number two trading partner, after Canada.  Bush administration assurances that Mexican trucks would operate safely on US roads had been challenged by politicians, Teamsters and environmentalists - and the White House's case was not helped by a major crash between two trucks in Mexico just days before the vote.  The cross-border trucking program is mandated by NAFTA.  Under rules in effect prior to the planned trucking experiment, Mexican rigs have been restricted to a narrow zone along the US/Mexico border.  The NAFTA plan also calls for US trucks to be allowed to travel throughout Mexico.

 

Think Tank:  World's Future Offers Hope

(Tokyo)

A newly-released report is sure to please those engaged in international trade, as it holds that better times lie ahead for the people of planet Earth.  The State of the Future report has been assembled by more than 2,000 scholars, experts and futurists, and is updated annually by a panel known as the Millenium Project.  The 2007 update, released through United Nations University - a Tokyo-based global think tank - says to expect fewer wars, longer lifespans and higher rates of literacy in the years ahead.  The report also predicts lower infant mortality, an increase in Internet use, and higher gross domestic products among nations.  Acknowledging tragic situations such as those in Darfur and Iraq, the report nonetheless notes a dramatic reduction of conflicts in Africa.  Still, it warns the future could be bleak for many unless the world addresses such issues as terrorism, corruption, CO2 emissions and the disparity between the richest and poorest citizens of the planet.  The State of the Future report urges a global energy development effort led by the US and China, a breakthrough in water desalination, and an intelligence-boosting restructuring of education worldwide.

 

 
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