Monthly Archives: January 2014

Obama Trade Policy and “Fast Track” — Does the President Need to be More Aggressive?

              Unlike the very broad foreign affairs powers of the president, reinforced by his powers as commander-in-chief, the president’s authority in trade is significantly different and greatly less.    The Constitution gives the exclusive authority to Congress to regulate international … Continue reading

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U.S. Extraterritorial Legislation — Foreign Banks and Auditors, Again

      The U.S. regulatory agencies are continuing with aggressive extraterritorial application of U.S. economic legislation to foreign banks and foreign auditors under the Dodd-Frank legislation. Most recently the Federal Reserve is about to require foreign banks to increase their capital … Continue reading

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Trade Negotiations & World Politics — Is Congress Restricting the U.S. in World Politics?

          A recent op-ed in the Financial Times concludes that “[A] revival of the U.S. economy should not be confused with a resurgence of America’s role … [T]he most important emerging theme in world politics is America’s slow retreat … Continue reading

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Jimmy Beam, Time Warner and Global Trade …. Good News?

          The first two weeks of January 2014 have seen very interesting developments in global trade relations — the filing of new WTO litigation by Russia, successfully concluding the Bali negotiations, restricting U.S. litigation against multinationals, sparring in Congress over President … Continue reading

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Boeing and State Incentives — Update — What Are the Implications?

Boeing employees voted today in favor of contract and pension limitations to secure their jobs.  This was against the advice of their union leaders. This vote has convinced Boeing to keep production of the new 777X in the State of … Continue reading

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