Embraer CEO tries to clear the air on subsidies

Article Abstract:

Mauricio Botelho, CEO of Brazil's Embraer SA, claims his country's aerospace subsidies are known to the public, and it is Canada's attempt to hide subsidies that is causing the trade dispute between the two countries. But representatives from jet manufacturing rival Bombardier Inc. in Montreal say Brazil's policies are not that open.

Transportation Equipment Manufacturing, Aircraft & Parts, Aerospace Product and Parts Manufacturing, Aircraft and Parts, TRANSPORTATION EQUIPMENT, Transport Equipment, Beliefs, opinions and attitudes, Aircraft industry, PINK, Botelho, Mauricio, Embraer Empresa Brasileira de Aeronautica S.A.

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Auto industry posts its first trade deficit since '91 recession

Article Abstract:

Canada's auto sector is facing trade deficit in July 2006, which is the first time since 1991. The weak United States consumer demand, soaring imports and contracted exports are the main reason for this deficit.

United States, Motor vehicles and car bodies, Market information - general, Sales & consumption, Automobiles, Automobile Manufacturing, Motor Vehicles and Equipment, Supply and demand, Industry sales and revenue, Automotive industry

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Bombardier-Embraer dogfight heats up

Article Abstract:

Bombardier Inc and Empresa Brasileira de Aeronautica SA's (Embraer SA) rivalry continues to heat up as both firms trade accusations at the World Trade Organization (WTO) in Geneva, Switzerland. A WTO trade panel is looking into complaints made by both companies concerning unfair subsidizing of production by each side. Bombardier and the Canadian government points to Pro-ex, a Brazilian government financing program that cuts the cost of borrowing money, as the culprit.

International economic relations, Aircraft Manufacturing, Jet Aircraft, General

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