Import/Export News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Environmental Services Market Detail: Swett & Crawford offers coverage for contractors or consultants providing environmental …

Specialty Products Manufacturing: Multiple Opportunities for Injury

In 2007 there were over 10 million consumer-product related injuries treated in hospital emergency departments, according to the National Safety Council. While the statistics reveal injuries from seemingly innocuous objects — 532,061 injuries associated with beds, for example — the …

Tide of History Runs against Would-be G20 ‘Grand Bargain’

Speculation of a grand bargain by the Group of 20 to rebalance the global economy is swirling ever faster thanks to China’s surprise decision to raise interest rates for the first time since 2007. Higher rates ought to push up …

U.S. Says ‘End is in Sight” on Russia’s Bid to Join the WTO

Russia could join the World Trade Organization within a year after talks on Moscow’s 17-year-old bid made good progress, President Barack Obama’s senior economic adviser said on Wednesday. “We are certainly hopeful that well before 12 months from now, this …

Australian Mines, Sugar Growers Face Increased Cyclone Threat

Australia faces almost double the number of destructive tropical cyclones, possibly as many as 22, across oil and gas, iron ore and sugar production regions during 2010/11 cyclone season, the weather bureau said. The above-average number of cyclones are a …

Private Insurers Eligible for Small Business Export-Credit Reinsurance

Private sector insurers that provide short-term export-credit insurance covering foreign receivables to U.S. exporters are now eligible for reinsurance from the Export-Import Bank of the United States (Ex-Im Bank). Atradius Trade Credit Insurance Inc. is the first insurer to sign …

300 Homes to Be Repaired in Settlement with Chinese Drywall Firm

A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. An agreement was reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall …

France to Seek G20 Overhaul of Global Monetary System

France will start talks on overhauling the global monetary system during its G20 presidency to improve policy coordination and stem capital flows distorting exchange rates, Economy Minister Christine Lagarde said Thursday. France will take over the chair of the Group …

Specialty Products Manufacturing: Multiple Opportunities for Injury

How Agents Can Help Clients Be Better Prepared and Mitigate Damages In 2007 there were over 10 million consumer-product related injuries treated in hospital emergency departments, according to the National Safety Council. While the statistics reveal injuries from seemingly innocuous …

Tropical Storm Matthew Heading for Central America

Tropical Storm Matthew formed over the western Caribbean Thursday and was expected to hit Central America as early as Friday, the U.S. National Hurricane Center said. The storm, which had maximum sustained winds of 45 mph [72 kph], could disrupt …