U.S. food sales to Cuba hit new peak in 2007
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American producers sold $437.5 million in food to Cuba in 2007, a new peak in value despite Cuban complaints that the Bush administration is hindering trade.
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WASHINGTON -- The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record imports of foreign oil. The deficit with China declined slightly while the weak dollar boosted exports to another record high.
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Cuba announced on Monday that it was  ending circulation of the U.S. dollar in its territory as of  Nov. 8 in response to tightened U.S. economic sanctions.
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Ten US congressmen travel to Cuba in the largest such delegation since Fidel Castro took power in 1959.
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The ration book that determines most Cuban diets &#151; and that will briefly rule mine &#151; fits in my palm. Thick brown pages list amounts of foodstuffs to be checked, signed and stamped at "la bodega," the local government distribution center.
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Cuba sought fresh support from the American people and the United Nations to end the four-decade U.S. embargo on the island, and dismissed the Bush administration's campaign to topple Fidel Castro as a failure.
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US News, LOS ANGELES - Carlos Gutierrez, named as US secretary of commerce on Monday, left Cuba as a child when communists seized power and rose through the ranks of Kellogg Co.
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HAVANA Despite tighter American restrictions on Cuba, Havana has signed more deals to buy US cattle and wheat. It happened at a major international trade fair in Havana, where American businesses played a major role.
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America's trade deficit swelled to an all-time high of $55.5 billion in October as imports  --  including those from China  --  surged to the loftiest levels on record.
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The U.S. trade deficit widened more than expected in December and grew 6.5 percent during all of 2006 to a record $763.6 billion, a U.S. Commerce Department report showed on Tuesday.
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The US trade deficit ballooned to a record high of $617.7 billion last year, pushed by soaring oil prices and Americans' insatiable appetite for everything foreign, from cars to toys and food.
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America's trade deficit swelled to a record high of $55.5 billion in October as imports -- including those from China -- surged to the loftiest levels ever. Skyrocketing crude oil prices also contributed to the yawning trade gap.
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The U.S. trade gap widened nearly 9  percent in October to a record $55.5 billion as sky-high oil  prices helped propel imports into new territory, the government  said on Tuesday, while a second report showed industrial output  rose in November, as expected.
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On the eve of the US presidential election, Cubans and Americans signing deals for new US food sales projected to reach US$150 million (euro117 million) expressed hope for improved relations between the two countries.
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America's trade deficit soared to an all-time high of &#36;60.3 billion in November, reflecting record levels for imports of everything from oil and consumer goods to farm products, the government reported Wednesday.
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The company reported net profit of $526 million on higher sales of agricultural and nutritional products in Latin America and it lifted its full-year outlook.
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US beef exports valued at more than $1.7 billion last year will resume in a matter of weeks after Japan agreed to ease a 10-month ban on the meat prompted by a lone case of mad cow disease in Washington state.