Archive for July, 2009

TradeFlow21 is pleased to announce that Tag Mendillo, an accomplished movie producer and screenwriter, has joined our team as a Senior Media Advisor. The partners of TradeFlow21 look forward to working with Tag in developing media-based marketing solutions for companies seeking market entry or expansion in the Middle East and North Africa. Tag’s longstanding commitment to creating a more sustainable, green-friendly planet is also the reason he now serves as an independent energy consultant assisting Connecticut companies in reducing costs in a deregulated energy market. For more information on the newest member of the TradeFlow21 team, continue reading below and also see our August edition (forthcoming) of Trade and Transactions. For a free subscription, see our contact information on the About Us page. Read the rest of this entry »

Geithner in Jeddah, Saudi Arabia (07.09)Earlier this week, Treasury Secretary Tim Geithner traveled to Saudi Arabia to “reassure Gulf nations on their holdings of Treasury bills.” In an ‘Alice-in-Wonderland’ moment of reversed roles and expectations, Mr. Geithner said the U.S. will defend the dollar and, by extension, the integrity of investors who are helping underwrite U.S. debt, which now totals a whopping $11 trillion. His stop in Jeddah underscores the ever-expanding influence of the greater Middle East market as both a U.S. creditor and consumer of goods and services. Mr. Geithner reaffirmed America’s commitment in “keeping its economy open to foreign investment” while expanding international trade in the region. Clearly, this is encouraging news for Connecticut companies seeking entry into the greater Middle East market of over 500 million consumers. (See full article in Financial Times)