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Wednesday, 07 October 2009 |
CED has been a consistent voice in support of U.S. leadership for an open global trade regime. This policy update reiterates a fundamental truth: An open and vibrant trading system is vital to the economic well being of all Americans. During this period of economic distress and heightened sensitivity to the effects of economic policy, it is especially important for the United States to reaffirm its commitment to free and open trade. Historically, business leadership has played a key role in helping the public and its elected representatives to recognize the importance of open trade to our collective prosperity.
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Thursday, 24 July 2008 |
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| L-R: Fred Bergsten, Joseph Kasputys, Walter Williams. |
CED Co-Chair Joseph Kasputys testified before the House Committee on Financial Services on the "Implications of a Weaker Dollar for Oil Prices and the U.S.Economy." Kasputys discussed CED's policy stance on global imbalances, and the implication of those imbalances on oil prices and the dollar. All witnesses agreed that the impact of the weakening dollar on oil prices only accounts for a small portion of the rise in oil costs. The discussion addressed ways in which supply and demand, conservation, tapping into the strategic petroleum preserves, and drilling in ANWAR would impact the price of oil.
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Friday, 07 September 2007 |
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| L-r: William McDonough and Joseph Kasputys. |
"This report offers recommendations that we believe will reduce the risks of global economic shocks. Our recommendations of a multilateral cooperative approach to adjustment are in the interests of each country. They not only advance the global economy, but also allow each nation's economy to grow," said William McDonough, former President and CEO, Federal Reserve Bank of New York, and current Vice Chairman and Special Advisor to the Chairman, Merrill Lynch & Co.
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