U.S. Economy News 11-16-2011

Exports post gains at Port of Los Angeles
Los Angeles Times
Many ocean shipping lines expected another strong year for US import trade similar to the post-recession gains shown throughout 2010. Instead, too many ships fought for too little cargo, and fuel costs rose. Only three of the world’s 20 biggest ocean
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Consumer Prices in US Unexpectedly Fell 0.1% in October
BusinessWeek
Import prices in the US, reported Nov. 10, dropped 0.6 percent from the prior month as oil and food expenses retreated. Higher materials costs that have now started to recede as well as seasonal clearance of patio furniture “hurt” gross margin in the
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17 US energy firms, Russia’s Gazprom mull investing in Turkey
Today’s Zaman
Representatives from the Export-Import Bank of the United States and a number of other financial organizations will also be taking part in the meetings to be held in İstanbul, Ankara and İzmir as part of the planned visit, Lally also said.
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Volkswagen Passat US
AutoExpress
By Dan Strong We all know the Americans are our best friends, but when it comes to living the high life, it’s more about quantity than quality, as a succession of failed attempts to import their luxury saloons proves. Rock-hard cabin plastics,
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