In the past few weeks I’ve worked with a number of small business clients looking to go international. In what I perceive as a definite sign of a strengthening economy, the increase in small businesses looking to capitalize on international business opportunities has skyrocketed in the past six months. Increasingly, these international business enterprises are getting … [Read more...]
EU Banks Resisting Stricter Transparency Laws.
European banks are facing the threat of having to reveal their taxes and profits on a country-by-country basis in the latest twist to the EU negotiations over rules to make banks safer. The European parliament is pressing for the tougher disclosure regime along with a demand for strict curbs on bankers’ bonuses as part of the law implementing the Basel III international … [Read more...]
Clean Energy Cases Are Heating Up the World Trade Organization.
I'll be heading to Washington, D.C. next week to meet with White House officials and members of Congress to discuss the President's clean energy agenda. So it's no surprise that I’m a big advocate of the global clean energy industry, which last year alone generated almost $269 Billion in international business. In somewhat of a tribute to the growing importance of clean … [Read more...]
International Trade Skyrockets in Miami Customs District.
The venerable Mimi Whitefield of the Miami Herald is reporting that 2012 was a record-breaking year for international trade in the Miami Customs District with $124.73 billion worth of trade being exchanged. According to Whitefield, Miami district exports increased to a record $73.3 billion, up nearly 6 percent from the previous year, and imports totaled a record $51.4 … [Read more...]
SEC Takes Immediate Action in Freezing OffShore Accounts Tied to Heinz Insider-Trading.
Yesterday it was announced that Warren Buffet’s Berkshire Hathaway partnered with Brazilian equity fund 3G to purchase iconic American ketchup maker Heinz in a blockbuster $23 Billion deal. Just a day after the deal, the SEC obtained an emergency court order to freeze assets in a Zurich, Switzerland-based trading account that was used to reap more than $1.7 million from … [Read more...]