Overseas Private Investment Corporation

Fix Tunisia With Fewer Lamborghinis, More Roads

In the visceral struggle under way for the future of the Arab Spring, those who champion open and modern societies need a win, and soon, to light up a viable path forward.

Pannonia Ethanol to Get $17 Million of Mezzanine Debt for Plant Project

Pannonia Ethanol will get $17 million of mezzanine financing for a corn ethanol plant in Hungary, according to debt provider Cordiant Capital Inc.

Senate Triggers China Backlash as Bill Targets Yuan’s Value

The U.S. Senate passed a bill aimed at punishing China for keeping the yuan undervalued, triggering a backlash from Chinese officials who said the measure risks damaging trade relations and undermining the global recovery.

Obama Seeks Power to Reorganize Agencies

President Barack Obama called on Congress to give him authority to streamline the executive branch and make it easier for businesses to tap government resources by consolidating six agencies dealing with trade and commerce.

Turkey’s Garanti Loaned $400 Million by U.S. Development Bank

Turkiye Garanti Bankasi AS, Turkey’s biggest bank by market value, borrowed $400 million from the Overseas Private Investment Corporation, the development-finance arm of the U.S. government.

Libya’s Recapture of U.S. Business Awaits Security Return

Even a civil war didn’t stop Valmont Industries Inc. of Omaha, Nebraska, from growing wheat in Libya this year.

U.S. Legislation Targeting China Yuan Hits Republican Opposition

U.S. Senate legislation that would punish China for an undervalued currency ran into opposition from senators and a roadblock by House Speaker John Boehner, who said the bill was “pretty dangerous.”

Senate Passes Measure on China’s Weak Yuan

The U.S. Senate passed legislation punishing China for its undervalued currency as opposition from House Speaker John Boehner casts doubt on whether the measure will become law.

Iraqi Businesses Seek to Reduce Barriers to U.S. Investment

Abdullah Al-Jiburi, chairman of an Iraqi construction company, is in Washington enticing American business leaders to invest and trade in the Mideast country and U.S. government agencies to support them.

Year Later, U.S. Can Nurture Arab Spring’s Economic Roots: View

Saturday marks one year since uprisings in the Arab world for the first time extirpated an autocrat: Tunisia’s Zine al-Abidine Ben Ali.

China

Washington

United States

Sander Levin

Hon Hai Profit Misses Estimates on Slowing Apple Orders

Shell Targeted With BP in EU Price Fixing Probe for Oil: Energy

Kansas Moves to NCAA Title Second-Favorite With Wiggins Addition

Pentagon Furloughs of 680,000 Seeks to Save $1.8 Billion

Asian Stocks Advances as Nikkei 225 Surges Above 15,000