Brazil businesses risk US sanctions for Iran deals: report

Well, this was unexpected.

UK’s Home Office suggested to implement new visa legislation for Brazilian visitors, reported Financial Times.   

After a couple of headfakes higher on the daily charts Yen Set for 11th Weekly Drop. The yen headed for a record stretch of weekly losses against the dollar as data showing a decline in Japanese consumer prices added to the case for further monetary stimulus from the central bank.

After a couple of headfakes higher on the daily charts Yen Set for 11th Weekly Drop. The yen headed for a record stretch of weekly losses against the dollar as data showing a decline in Japanese consumer prices added to the case for further monetary stimulus from the central bank.

On Friday, Plaintiffs in the long-running court drama GPX Int'l Tire Corp. v. United States filed with the US Court of International Trade case briefs arguing that the March 2012 law revising US countervailing duty (CVD) law to apply to imports from "non-market economies" like China and Vietnam was unconstitutional.  (The details of the GPX case are far too numerous for tonight, but you can go here for a lot of the backstory.)

As I've repeatedly mentioned over the last several weeks, one of the biggest concerns surrounding the recently enacted law allowing the Commerce Department to impose countervailing duties on imports from countries deemed to be "non-market economies" under the US anti-dumping law was the law's retroactive application to the 24 completed CVD/NME investigations (and the collection of duties pursuant to those cases) that Commerce completed without proper legal authority.