Economy & Trade

Why Global Economy Needs Investment in Women

Businesses are starting to understand what development experts have long known: investing in women pays dividends. Women are more likely than men to put their income back into their communities, driving illiteracy and mortality rates down and GDP up.

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Top U.S. Official Highlights U.S.-Africa Partnerships, Trade

William Burns

The United States has a strong commitment to Africa, and U.S. Deputy Secretary of State William J. Burns spent a week visiting several countries on the continent to reinforce that message.

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U.S., Japan Make Progress in Trade Harmonization

Japan and the United States have made important progress on a range of trade and regulatory issues as well as on new areas of joint cooperation that will expand trade opportunities for producers and consumers in both countries.

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Ambassador Kirk Announces U.S. Victory in Challenge to China’s Raw Materials Export Restraints

WTOchina

“Today’s report is a tremendous victory for the United States – particularly its manufacturers and workers,” Ambassador Kirk said.

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U.S. Economy Posts Growth for 10th Straight Quarter

John Bryson

The department’s Bureau of Economic Analysis released its advance estimate of U.S. gross domestic product (GDP) gains January 27. The GDP, which measures a country’s total output of goods and services, serves as a primary indicator of economic health.

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U.S., Egyptian Officials Announce Efforts to Increase Trade Ties

U.S. Trade Representative Ron Kirk and Dr. Mahmoud Eisa, Egyptian minister of industry and foreign trade, adopted a joint statement declaring their intention to promote the U.S.-Egypt Trade and Investment Partnership and provide opportunities for job creation.

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Apps4Africa Announces Winners, More to Come

apps4africa

Innovative ideas for managing grain supplies in Tanzania and for helping hospitals in Nigeria prepare for natural disasters won top prizes in the Apps4Africa Climate Challenge. But the competition isn’t over yet. It moves to Southern Africa starting February 1.

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U.S. Economy “Built to Last” Must be Fair, Obama Says

sotu

As the United States recovers from an economic recession, Obama said, it needs “an economy built to last” that will support all who want to work, as well as risk-takers and entrepreneurs who will create new jobs in startup companies and small businesses.

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Statement by the United States at the January 20, 2012, DSB Meeting

The U.S. Administration will continue to work on solutions to implement the DSB’s recommendations and rulings.

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Egypt’s Economic Modernization Will Support Democratization

Egypt

A successful Egyptian transformation to democracy will require not only political reform, but also increased economic opportunities for the Egyptian people, and the Obama administration wants to encourage private enterprise.

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