Cargo bottlenecks are easing at the Port of New York and New Jersey, the busiest container port on the U.S. East Coast, as Maher Terminals LLC scales back a new computer system blamed for snarling freight shipments.
China ended its undeclared embargo of exports of crucial strategic minerals to the U.S., Europe and Japan, although shipments to Japan still encountered difficulties, the New York Times reported, citing four unidentified rare earth industry officials.
President Barack Obama used the backdrop of the United Nations General Assembly meeting to tackle tensions with China and to urge world leaders to support the Middle East peace process, two issues that are testing his economic and foreign policy plans.
In President Barack Obama ’s 2006 book, “The Audacity of Hope,” the then-freshman senator described growing up in Indonesia as a “joyous time, full of adventure and mystery -- days of chasing down chickens and running from water buffalo.”
Vice President Joe Biden took a detour through Mongolia today en route from China to Japan to show support for the country’s nascent democracy and thank the government for sending troops to Afghanistan and Iraq.