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Last updated on April 21, 2014 at 11:58 EDT

Latest Subsidy Stories

2011-12-01 12:03:00

CHICAGO, Dec. 1, 2011 /PRNewswire/ -- Boeing issued the following statement regarding EU compliance obligations stemming from the ruling last June by the World Trade Organization against $18 billion of illegal European government subsidies to Airbus: Today marks the deadline for European governments and EADS/Airbus to comply with the WTO's landmark ruling against launch aid and other forms of illegal government subsidies that Airbus has been receiving for more than 40 years....

2011-11-17 12:44:00

WASHINGTON, Nov. 17, 2011 /PRNewswire/ -- As November 23rd approaches, the Congressional Super Committee is considering jamming agricultural subsidies into their budget recommendations. These efforts, led by agricultural special interest groups, are an attempt to bypass the traditional Farm Bill legislation planned for 2012. Now state based conservative groups are coming together to share their views with inside the beltway heavyweights to speak out against the inclusion of Big Sugar in a...

2011-10-18 10:58:00

New Paper Dispels Myths About Public Health and Commodity Payments WASHINGTON, Oct. 18, 2011 /PRNewswire-USNewswire/ -- A white paper released today by Food & Water Watch and the Public Health Institute challenges the common assumption that government subsidies to farmers growing corn, soybeans and other commodity crops is a primary factor in increasing rates of obesity. Acknowledging that the current system of farm subsidies is in need of reform, the paper, Do Farm Subsidies Cause...

2011-10-11 20:18:06

Governments should target aid towards individual households threatened with poverty because of soaring food costs rather than intervene in the markets to try to lower prices, according to research funded by the Economic and Social Research Council (ESRC). Governments in poorer countries should pay cash benefits directly to poor families instead of interventions such as price subsidies or controls. This type of interference causes distortions of the food markets and does not help the...

2011-08-30 14:30:00

BENTON HARBOR, Mich., Aug. 30, 2011 /PRNewswire/ -- Today, the Commerce Department issued a negative preliminary determination in its countervailing duty investigation which focuses on subsidies provided by the South Korean government to certain Korean refrigerator producers. This non-final determination comes four months into a 12-month investigation. Only two weeks ago, the Commerce Department expanded its investigations to include seven additional categories of subsidies to Korean...

2011-08-24 10:00:00

Left-right Coalition Identifies Huge Cuts in Wasteful Giveaways that Harm the Environment WASHINGTON, Aug. 24, 2011 /PRNewswire-USNewswire/ -- Ending a third of a trillion dollars in environmentally harmful subsidies could go a long way toward solving our nation's budget challenges, an unusual right-left coalition said today in a groundbreaking report. The report -- "Green Scissors 2011" -- provides a roadmap to saving up to $380 billion over five years by curbing wasteful spending that...

2011-08-18 07:30:00

WEIFANG, China, Aug. 18, 2011 /PRNewswire-Asia/ -- Xinde Technology Company (OTCBB:WTFS.OB), a large scale group specialized in producing diesel engines, diesel generators, diesel engine fuel injection systems and related products, reported today that since being qualified for a national subsidy in 2010, the 6-line and 8-line ride-style-type rice transplanters manufactured by its Huaxin Diesel Engine subsidiary through the first half of 2011 have reached the 5000 unit sales mark,...

2011-06-01 12:30:00

WASHINGTON, June 1, 2011 /PRNewswire-USNewswire/ -- With Congress poised to move forward on more taxpayer-backed loan guarantees for nuclear, wind, solar, "clean coal" and other energy sources, leading U.S. taxpayer and conservative groups cautioned today that America can ill afford such subsidies in the face of a $1.65 trillion deficit and a $14 trillion national debt. President Obama has requested a $36 billion increase for the Title XVII Loan Guarantee program. Appropriators will...

2011-03-31 09:30:00

CHICAGO, March 31, 2011 /PRNewswire/ -- A World Trade Organization final case ruling published today confirms the massive market advantage Airbus has enjoyed from billions in illegal government subsidies provided to fund the company's commercial airplane product line since its inception more than 40 years ago. "This WTO ruling shatters the convenient myth that European governments must illegally subsidize Airbus to counter U.S. government assistance to Boeing," said J. Michael...

2011-01-21 14:01:00

WASHINGTON, Jan. 21, 2011 /PRNewswire-USNewswire/ -- The Coalition for Fair Lumber Imports welcomed today's London Court of International Arbitration (LCIA) ruling that subsidies provided by the Ontario and Quebec governments to lumber manufacturers in their provinces violate the terms of the 2006 U.S.-Canada Softwood Lumber Agreement (SLA). This trade agreement prohibits the Canadian federal and provincial governments from providing new subsidies to the Canadian lumber industry after July...