EU foreign ministers formally agree to an oil embargo against Iran, as Western powers reinforce their naval presence in the region.
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President Obama has set a lofty goal: He wants to double U.S. exports within the next five years. It would go a long way to help get the U.S. out of the economic doldrums. But can it be done?
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President Obama made a bold declaration during his State of the Union address: He said the US will double exports over the next five years. That’s a lofty goal, but can it be done? The World’s Jason Margolis visited Western Michigan to explore just how realistic the president’s goal may be. Download MP3 (photo: Jason Margolis)Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.
US exports took big hit during the recession. In the first three months of this year, exports were down in 49 states. Only Mississippi did well. At left, a ship filled with Mississippi products readies to leave the port of Pascagoula for an overseas destination. The World’s Jason Margolis explores this southern success story. Download MP3 (Photo: Jason Margolis)