Archive for February 4th, 2009
Will US stimulus trigger a trade war?
The following article is an extract from a BBC report by Philippa Thomas
The massive economic stimulus package being debated in the US Senate this week has a hugely controversial condition attached.
It is called "Buy America" and it means that all of the projects financed by the government’s $800bn (£567bn) bailout should favour American iron and [...]
Posted: February 4th, 2009 under Steel, Steel Comment, Steel International.
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AWU called for ‘Use Australian Steel’ campaign
It is reported that Australian Workers’ Union has called for a nationwide ‘Use Australian Steel’ campaign to ensure local steel mills keep running. It may be noted that the federal government might attempt to counter the financial crisis by spending on infrastructure. According to the AWU, this should include the use of [...]
Posted: February 4th, 2009 under Steel, Steel International, Steel News.
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