Source: U.S. Census Bureau The international trade deficit was $65.3 billion in November, up $3.4 billion from $61.9 billion in October. Exports of goods for November were $121.7 billion, $1.2 billion less than October exports. Imports of goods for November were $187.0 billion, $2.2 billion more than October imports. …

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Source: U.S. Department of the Treasury – OFAC The President issued an Executive Order Taking Additional Steps To Address The National Emergency With Respect To Significant Malicious Cyber-Enabled Activities. This amends Executive Order 13694, “Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities.” E.O. 13694 authorized the imposition of sanctions on individuals […]

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Source: U.S. News Business was booming for U.S. arms exporters in 2015, according to a new report from the Congressional Research Service that shows the U.S. last year accounted for more than half of all arms transfer agreements worldwide. The study – published last week and written by Catherine Theohary, an information operations and national […]

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Source: U.S. Department of Justice – Office of Public Affairs Mansour Moghtaderi Zadeh, 56, an Iranian national, was sentenced today to 18 months in prison and one year of supervised release for taking part in a conspiracy involving the purchase and shipment of various products, including aviation parts and aviation supplies, from the U.S. to […]

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Source: Reuters The European Union will extend by six months its main economic sanctions on Russia over the conflict in Ukraine after the bloc’s leaders meet in Brussels on Dec. 15, diplomatic sources and officials said on Friday. The sanctions include restrictions access to international financing, and curbs on defence and energy cooperation with Russia, […]

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Source: U.S. Department of Commerce – U.S. Census Bureau The Nation’s international trade deficit in goods and services increased to $42.6 billion in October from $36.2 billion in September (revised), as exports decreased and imports increased. GOODS AND SERVICES Exports decreased to $186.4 billion in October from $189.8 billion in September. Goods were $123.1 billion […]

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Source: U.S. Department of State The Department of State is amending the International Traffic in Arms Regulations (ITAR) to clarify recent revisions made pursuant to the President’s Export Control Reform (ECR) initiative. This rule clarifies the scope of disclosure of information submitted to the Directorate of Defense Trade Controls (DDTC), clarifies the policies and procedures […]

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Source: The Wall Street Journal An approaching World Trade Organization deadline makes higher prices likelier for European goods made with parts and materials imported from China. On Dec. 11, the European Union could grant China “market economy status,” making it harder under WTO rules for the EU to protect its industries from what it deems […]

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Source: U.S. Department of Commerce – BIS In this final rule, the Bureau of Industry and Security (BIS) amends the Export Administration Regulations (EAR) by removing the Special Iraq Reconstruction License (SIRL) from the EAR. This action furthers the objectives of the Retrospective Regulatory Review Initiative that directs BIS and other federal agencies to streamline […]

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Source: U.S. Department of Commerce – BIS In this rule, the Bureau of Industry and Security (BIS) amends the Export Administration Regulations (EAR) to remove one end-user from the list of validated end-users in the People’s Republic of China (PRC). Specifically, BIS amends Supplement Number 7 to part 748 of the EAR to remove the […]

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