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Latest Subsidy Stories

2010-05-03 15:51:00

Antidumping Order Completes Findings by U.S. to Include Duties for Subsidy Violations WASHINGTON, May 3 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) applauded today's 6-0 affirmative vote by the U.S. International Trade Commission (ITC) on a petition in the final antidumping portion of a case against imports of oil country tubular goods (OCTG) from China. (Logo: http://www.newscom.com/cgi-bin/prnh/20080131/DC12982LOGO ) USW President Leo W. Gerard said today's vote...

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2010-04-21 13:39:56

Analysis: Most fuel subsidies are complete waste of money, or worse A comprehensive assessment of global fossil-fuel subsidies has found that governments are spending $500 billion annually on policies that undermine energy security and worsen the environment. The study, titled "The Politics of Fossil-Fuel Subsidies" by David Victor, a professor of political science with UC San Diego's School of International Relations and Pacific Studies (IR/PS), was one of five released April 22 by the...

2010-04-07 16:05:00

PITTSBURGH, April 7 /PRNewswire-FirstCall/ -- In response to inquiries, United States Steel Corporation (NYSE: X) announced that it will record a charge of approximately $27 million in the first quarter of 2010 to adjust deferred tax assets as a result of a change in the tax treatment of Medicare Part D subsidies under the recently enacted Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 (the "Acts"). While this change under the Acts...

2010-03-23 15:14:00

CHICAGO, March 23 /PRNewswire-FirstCall/ -- Boeing issued the following statement following news reports quoting officials who indicated that the United States has prevailed on all of the major issues in the WTO's final decision, which reaffirms its earlier interim decision, in the U.S. case against European subsidies to Airbus. "This is a powerful, landmark judgment and good news for aerospace workers across America who for decades have had to compete against a heavily subsidized Airbus....

2010-03-02 14:43:00

WASHINGTON, March 2 /PRNewswire/ -- Appleton Coated LLC, NewPage Corporation, and Sappi Fine Paper North America -- together with the United Steelworkers (USW) -- commended the U.S. Department of Commerce for its preliminary countervailing duty determinations against subsidized coated paper imports from China and Indonesia. As a result of these determinations, the Department of Commerce will impose tariffs on imports of coated paper to offset the unfair advantage provided by...

2010-01-07 14:03:05

When it comes to pumping up the appeal of plug-in hybrid electric vehicles (PHEVs), some regions are more ripe for the cars than others, and some consumers' buttons need more pushing than others "“ an important policy distinction when shaping subsidies, two energy policy experts say. In a recent article in Energy Policy, a leading academic journal in the energy field, Steven Skerlos in mechanical engineering at the University of Michigan and James Winebrake, chair of the Department of...

2009-12-18 14:33:00

WASHINGTON, Dec. 18 /PRNewswire-FirstCall/ -- Boeing (NYSE: BA) issued the following statement today after 125 members of Congress released a letter urging the administration to ensure European compliance with a ruling against massive illegal subsidies provided to Airbus: "Boeing is encouraged to see such strong bipartisan congressional support for U.S. action to end the illegal subsidies that European governments have for decades provided to Airbus at the expense of American industry and...

2009-12-03 06:00:00

BEIJING and CHANGGE, China, Dec. 3 /PRNewswire-Asia-FirstCall/ -- Zhongpin Inc. ("Zhongpin", Nasdaq: HOGS), a leading meat and food processing company in the People's Republic of China ("China"), today reported it has received two payments totaling RMB 21.4 million (about $3.1 million) in cash subsidies from the Chinese government. Zhongpin has recently received a subsidy cash payment of RMB 20 million (about $ 2.9 million) from the Chinese government to help support the development...

2009-10-12 09:47:00

Smaller Providers Would Suffer Most From Rules that Limit Traffic Management WASHINGTON, Oct. 12 /PRNewswire-USNewswire/ -- Regulations that limit broadband providers from using traffic management techniques to manage bandwidth and congestion are likely to have a disproportionate effect on rural providers and could compromise the broadband goals of this year's economic stimulus package, the Phoenix Center says in a new Policy Bulletin released today. The Policy Bulletin finds that such...

2009-09-28 13:47:00

WASHINGTON, Sept. 28 /PRNewswire-USNewswire/ -- More than half of federal transportation spending in fiscal year (FY) 2008 was directed to programs that contain subsidies, according to Subsidyscope, an initiative of Pew's Economic Policy Group. The analysis comes from a new comprehensive online database on all spending on subsidy programs in the transportation sector. The project collected and aggregated data from USAspending.gov and other sources and built a searchable database of...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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