U.S., California Economic Upturn Continues California’s economy saw some positive signs in the second quarter of 2011, according to the latest report of the California Chamber of Commerce Economic Advisory Council (EAC). CalChamber, September 23, 2011
WTO cuts 2011 world trade growth forecast to 5.8%
The World Trade Organization cut its 2011 trade growth forecast to 5.8 percent from 6.5 percent as earlier predicted, amid increasing economic uncertainty on Friday. Associated Foreign Press, September 23, 2011
'Buy America': A self-defeating provision
THE AMERICAN Recovery and Reinvestment Act of 2009, a.k.a. “the stimulus,” had its pluses and minuses. But few would dispute that some of the worst bureaucratic hassles and international disputes associated with that $825 billion measure stemmed from its protectionist “Buy America” provision, which prohibited the use of imported steel on tens of billions of dollars’ worth of infrastructure and building modernization projects. Washington Post, September 22, 2011
AJR 15 (Alejo) : California Cut Flowers This resolution urges the US Government to consider the California floriculture industry when advancing free trade agreements, specifically, Colombia. ENROLLED
SCR 33 (Price): Foreign Investment This resolution stated that the Legislature found and declared that it is in California's economic interest to promote opportunties for EB-5 visa investment in the state. CHAPTERED
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