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Indonesia Uncertain About U.S.-Supported TPP, Others Considering
U.S. Trade Representative Ron Kirk To Quit End of February
Ron Kirk, who serves as United States Trade Representative, will step down at the end of this month. He was in charge of planning and advising American trade policy to President Barack Obama. European Commission Recommends Anti-Dumping Measures Against U.S. Biofuels
Anti-dumping duties of 9.5 percent on U.S. biofuels have been recommended by the European Commission, the executive body of the European Union. Ethanol imports were found to negatively affect the EU bioethanol industry. U.S. Trade Deficit Grows, Food Exports Decrease
The U.S. notched a 15.8 percent higher trade deficit in November, with exports worth $182.6 billion versus imports of $231.3 billion. All told, the goods and services deficit was $48.7 billion compared with $42.1 billion in October. Russia's U.S. Meat Import Ban Begins February 11
Meat from the United States is set to be barred from Russia, due to usage of a drug in cattle feed. Ractopamine, as the substance is called, helps to promote lean meat development in livestock. Japan Easing Decade-Long Ban on American Beef Imports
A ban on U.S. beef imports in place since "mad cow disease" outbreaks in 2003 has been eased by the Japanese Ministry of Agriculture, Forestry and Fisheries. The change will take effect on Monday, January 28. Russia Helps Farmers, Consumers By Allowing Grain Exports
Russia's decision not to ban grain exports after another poor harvest shows its leaders recognize that the embargo imposed after the failed 2010 crop was a mistake. Twinkies Maker Hostess in Talks With 110 Potential Buyers to Keep CupCakes, Ding Dongs, Devil Dogs Alive
Twinkies fans rejoice! Hostess is not going anywhere anytime soon. Twinkies fans rejoice! Hostess is not going anywhere anytime soon. According to the Associated Press, Hostess Brands Inc. Food Banks Face Empty Pantries in Thanksgiving Week
It's Thanksgiving week, but not everyone will get their share of Turkey as hunger relief is not matching the requirement, reported The Sun. "Nearly five years into the economic crunch, hunger relief is failing to match the demand", food bank officials said according to the report. Cuban Coffee Farms Damaged by Hurricane Sandy
Hurricane Sandy destroys coffee farms in Cuba. The prices of coffee Arabica and Robusta have been affected. Senator Boxer, 500 Restaurateurs Plead for Action against Fish Fraud
California Senator Barbara Boxer urges the FDA to take action against fish fraud in the country. Meanwhile, 500 restaurateurs have signed and sent a petition to the Congress to put a stopper to fish mislabeling. Analysis: Americans to Face Tougher 2013 on Rising Prices, Taxes
Consumers will have to dig deeper into their pockets next year to pay for costlier healthcare, more expensive grocery bills and higher taxes, an extra drag on the country's already slow-moving economy. Meat Consumption Fell in 2011: Report
Meat consumption fell slightly in 2011, says a new report by Worldwatch Institute. Meat consumption fell in 2011 due to drought and diseases affecting livestock, a new report by Worldwatch Institute states. India Sees Good Sugar Output, Import Duty Hike Likely
While India is likely to see a very good sugar output this marketing year, food minister KV Thomas is likely to hike the import duty of raw sugar. Food Insecurity Plagues Southern Africa, FAO Working on New Agriculture Principles
Southern Africa faces rising food insecurity. The UN FAO is working on new rules and guidelines to deal effectively with food shortages.
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