Reading Time: 2 minutes The United States and the European Union launched negotiations for the world’s most ambitious free-trade deal on Monday, promising thousands of new jobs and accelerated growth on both sides of the Atlantic. Trade between Europe and the U.S. is worth almost $3 billion a day and a pact could boost both the EU and U.S. […] Read more
EU, U.S. leaders launch free-trade talks
U.S. fiscal plan averts ‘dairy cliff’
Reading Time: 2 minutes A deal approved by the U.S. Congress late on Tuesday to avoid the automatic tax hikes and spending cuts known as the "fiscal cliff" also includes measures to avert the "dairy cliff" — a steep increase in milk prices. The tax agreement contains a nine-month fix for expiring farm subsidy programs by extending a 2008 […] Read more
Biodiesel fraud roils U.S. industry
Reading Time: 3 minutes Jennifer Case had big plans for expansion of her small San Diego plant that turns used restaurant cooking oil into biodiesel fuel after it sold out its entire production of about 1.5 million gallons in 2011. By the end of the year, business had taken a "devastating turn," Case told lawmakers at a Capitol Hill […] Read more
A message from April Stewart, Country Guide's Associate Editor
