WTD International Trade News of the Week. Pick of the Litter Series, vol. # 5

MSNBC via National District Export Council: US outlines global plan for cyberspace.  Policy guidelines cover both online freedom of expression and prevention of cybercrime. International leaders are looking for ways to better secure online financial transactions and other business and high-tech exchanges between nations and corporations that span the globe. The new space race. 

LA Times also via National District Export Council: To restore jobs, U.S. has to ramp up exports. For 20 years, U.S. exports have trailed imports. Addressing the imbalance could hugely boost the job market. Complicated problems aren’t solved by simple answers. 

Panjiva Blog: Summer Movie Merchandise: Cars Is The Big Winner  Cars 2: World Grand Prix is racing ahead of its competition when it comes to merchandise, with a 564 percent increase in shipments. Cars-themed puzzle games, gadgets and toy cars were among the top items. Zoom, Zoom. 

OECD: Global recovery firmly underway but surrounded by risks, says OECD Economic Outlook. “This is a delicate moment for the global economy, and the crisis is not over until our economies are creating enough jobs again,” said OECD Secretary-General Angel Gurría. Good “Big Picture” Article which includes a video. 

DOC Blog: U.S. Tourism is Big Business at International Pow Wow. The travel and tourism industry is a large component of President Obama’s National Export Initiative of doubling exports by the end of 2014 supporting million of jobs. Nearly 8 million people in the United States are employed in travel and tourism industries, and 1.2 million are tied directly to international travelers. (Inbound) Tourism is considered an “Export” by many.  

Also from Commerce: EDA Helps Launch Jobs and Innovation Accelerator Challenge to Promote Regional Growth, Competitiveness. The Commerce Department’s Economic Development Administration (EDA) announced a $33 million Jobs and Innovation Accelerator Challenge to drive innovation-fueled job creation and global competitiveness through public-private partnerships in at least 20 regions around the country.  Sounds good. 

And another Spotlight on Commerce: Suresh Kumar, Assistant Secretary for Trade Promotion and Director General for the U.S. and Foreign Commercial Service.  Of the U.S.’s 30 million companies, only 1% or 280,000 companies export and of those who do, 58% export to only one market. We can and we must do better… Well, let’s get going!

Datamyne Blog: Handy Tool to Look up tariffs for imports and exports between free-trade partners online FYI

USDA ERS: International Food Security Assessment, 2010 Update: Improved Production Mitigated Impact of Higher Food Commodity Price. This report reviews the impact of high global food commodity prices on food security in 2010 in 70 lower income countries using actual 2010 price and food production information. Spoils my appetite. 

Also from ERS: Feed Grains Database.  New data to gobble up, in tables, through queries or direct download.  Yummy.

International Trade Law News: EU Export Controls for North American Trade Compliance Professionals to be Held in DC on July 18, 2011. The Trusted Trade Institute is holding a one-day program on European Union (EU) export controls. There goes the summer. 

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