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World Economy Economic Regions

  • BRUSSELS— Portugal led calls on Wednesday for the eurozone's top official to resign for what many saw as derogatory comments about debt-ridden southern nations spending foolishly and relying on their northern partners to bail them out. Dijsselbloem has shown himself to be sexist, racist, xenophobic and an embarrassment for Europe, and because of that he...

  • MONTERREY, Mexico March 17- Country-specific rules of origin within the North American Free Trade Agreement would be "totally unacceptable," and a U.S. border adjustment tax would likely violate global trade rules, Mexico's economy minister said on Friday. Under the trilateral trade deal between the United States, Mexico and Canada, rules of origin can specify...

  • MONTERREY, Mexico, March 17- Country-specific rules of origin within the North American Free Trade Agreement would be "totally unacceptable," Mexico's Economy Minister Ildefonso Guajardo said on Friday. Under the trilateral trade deal between the United States, Mexico and Canada, rules of origin can specify that products must meet minimum regional content...

  • *Europe Inc vs USA Inc profits: http://reut.rs/2mx3Wrm. *UK industrials sector on radar as weak sterling tempts foreign buyers. A brighter outlook for the global and regional economy, buoyant stock markets and low borrowing costs have underpinned merger and acquisition activity in Europe, which is enjoying its best three-month period since 2007, Reuters...

  • BEIJING— A visit to Beijing by Saudi Arabia's King Salman is highlighting China's budding engagement with the Middle East, which provides a crucial source of energy to fuel its economy and represents a key component in Beijing's bid to link China to Europe through infrastructure development. His visit is part of a monthlong swing through Asia that has...

  • LONDON, March 10- Eurozone banking shares hit their highest level since last January on Friday, extending gains after the European Central Bank struck a more optimistic tone on the economy. An index of euro zone banks was up 1.9 percent, the highest in more than a year while the broader pan-European banks index was up more than a percent. On Thursday banks rallied...

  • MANILA, Philippines— Southeast Asian economies and the European Union agreed Friday to work toward resuming stalled free trade agreement talks and counter a trend toward protectionism. In a joint statement, economic ministers of the 10- member Association of Southeast Asian Nations and European Trade Commissioner Cecilia Malmstrom said the global...

  • NEW YORK, March 6- The amount of negative-yielding government bonds globally fell to $8.6 trillion as of March 1 due to rising long-term European yields in the wake of stronger-than-forecast regional economic data, Fitch Ratings said on Monday. This compared with $9.1 trillion of negative-yielding sovereign debt on Dec. 29, 2016. The amount of...

  • DETROIT, March 3- Mexico is prepared to negotiate changes to the North American Free Trade Agreement to modernize the 23- year-old open trade pact grouping the United States, Canada and Mexico, Economy Minister Ildefonso Guajardo said on Friday. Guajardo said Mexico is prepared to discuss with the Trump administration and Canada revisions to NAFTA, such as...

  • DETROIT, March 3- Mexico is prepared to negotiate changes to the North American Free Trade Agreement to modernize the 23- year-old open trade pact grouping the United States, Canada and Mexico, Economy Minister Ildefonso Guajardo said on Friday. Guajardo said Mexico is prepared to discuss with the Trump administration and Canada revisions to NAFTA, such as...

  • DETROIT, March 3- Mexico is prepared to negotiate changes to the North American Free Trade Agreement to modernize the 23- year-old open trade pact grouping the United States, Canada and Mexico, Economy Minister Ildefonso Guajardo said on Friday. Guajardo said Mexico is prepared to discuss with the Trump administration and Canada revisions to NAFTA, such as...

  • DETROIT, March 3- Mexico is prepared to negotiate changes to the North American Free Trade Agreement to modernize the 23- year-old open trade pact grouping the United States, Canada and Mexico, Economy Minister Ildefonso Guajardo said on Friday. Guajardo said Mexico is prepared to discuss with the Trump administration and Canada revisions to NAFTA, such as...

  • MEXICAN ECONOMY MINISTER: REVISED NAFTA TREATY MUST BE A "WIN WIN WIN" FOR U.S., CANADA, MEXICO.

  • MEXICAN ECONOMY MINISTER: NAFTA NEEDS TO BE BROUGHT "UP TO MODERNITY"

  • Feb 27- Mexico's economy minister Ildefonso Guajardo warned that his country will break off negotiations on the North American Free Trade Agreement if the United States were to propose tariffs on products from Mexico, Bloomberg reported on Monday. "The moment that they say,' We're going to put a 20 percent tariff on cars,' I get up from the table," Guajardo told...

  • Forty-four percent of those surveyed said NAFTA had benefited Canada, up from 25 percent from a poll last June. The percentage who wanted to see a renegotiation of the agreement, which removed trade barriers between Canada, the United States and Mexico, fell to 24 percent from 34 percent. Trump's plan to reopen NAFTA has cast uncertainty over the economic future...

  • OTTAWA, Feb 6- Any move to tear up the North American Free Trade Agreement would devastate the economies of members Canada, Mexico and the United States, the head of an influential U.S. business group said on Monday. Thomas Donohue, president and chief executive officer of the U.S. Chamber of Commerce, said Canada and Mexico were America's two top export markets.

  • MEXICO CITY, Feb 2- Mexico, the United States and Canada could overhaul rules about a product's country of origin in a renegotiation of the NAFTA trade treaty in order to strengthen regional supply chains, the Mexican economy minister said on Thursday. Guajardo also noted that it made sense to include labor and environmental rules in a renegotiated NAFTA, which...

  • The retailer, which is headquartered in Chile and has operations throughout South America, is controlled by Chile's Paulmann family. Improved regional economic prospects, especially in Argentina, Brazil and Peru, will also help buttress Cencosud's business units, it said. Cencosud runs the Jumbo supermarkets, Paris department store and Easy home...

  • MEXICO CITY, Jan 24- Mexico could pull out of the North American Free Trade Agreement if a renegotiation of its terms does not benefit Latin America's second-largest economy, Economy Minister Ildefonso Guajardo said on Tuesday. It would not make sense to stay, "Guajardo said when asked on television if Mexico could pull out of the trade deal with Canada and the...