Jamaica Gleaner News- Business - Thursday

US, China headed for possible currency clash

The United States and China are headed for a possible clash over currency as they open wide-ranging talks on the future of their economic relations. US officials say Treasury Secretary Henry Paulson will press Beijing to let its yuan rise against the dollar ...

Democratic lawmaker tapped for US trade rep job

The transition team of President-elect Barack Obama is considering naming as US trade representative a California lawmaker who is a strong proponent of labour protection in free trade pacts. Two Democratic officials confirmed Wednesday that Xavier Becerra was a contender...

Financial meltdown to sap workers' wages

Workers in rich countries can expect to see their net income drop next year as the impact of the global economic crisis means the rising cost of living will outstrip wages, a United Nations report said Wednesday.Poorer workers will be worst hit...