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World Economy Economic Regions

  • In its monthly survey of economic activity across the region, financial information company IHS Markit also said job creation was the best for nine and a half years, as order books and business optimism continued to pick up. The big surprise within the survey was that France appears to be growing slightly faster than Germany for the first time since August 2012.

  • BRUSSELS— The eurozone's top official said Tuesday that next week's meeting between Greece and its international creditors will not yet provide a full breakthrough on the country's bailout program because more negotiations on reforms are needed. Greece's creditors, including the eurozone countries and the International Monetary Fund, want Greece to...

  • BERLIN— Germany's economy expanded at a slightly weaker pace than previously expected at the end of last year, causing a downward revision to the overall eurozone's growth rate as well. The Federal Statistics Office said Tuesday that gross domestic product rose by 0.4 percent in the fourth quarter of 2016 compared with the previous three-month period.

  • 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...

  • 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...

  • 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 local television if Mexico could pull out of the trade deal with Canada and...

  • MEXICO CITY, Jan 24- Mexico could pull out of the North American Free Trade Agreement if the deal's renegotiation does not benefit Latin America's second largest economy, Mexican economy minister Ildefonso Guajardo said on Tuesday.

  • MEXICO CITY, Jan 24- Mexico could pull out of the North American Free Trade Agreement if the deal's renegotiation does not benefit Latin America's second largest economy, Mexican economy minister Ildefonso Guajardo said on Tuesday.

  • Trump's vow to renegotiate the key trade agreement, which also includes Mexico, could sideswipe Canada's export-driven economy, and the visit by Kushner underlines the ties developing between the Trudeau and Trump camps. Trump said on Sunday he plans talks soon on the North American Free Trade Agreement, under which Canada and Mexico send the majority of...

  • Trump said on Sunday he plans talks soon on the North American Free Trade Agreement, under which Canada and Mexico send the majority of their exports to the United States. Canadian officials, trying to persuade the new U.S. administration that focusing on Canada makes no sense, given how closely the economies are linked, say the Trump team is most concerned about...

  • WASHINGTON, Jan 18- A pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic conditions. Manufacturers in "most" of the Federal...

  • WASHINGTON, Jan 18- Renegotiation of the North American Free Trade Agreement with Canada and Mexico will be the Trump administration's first trade priority, U.S. Ross also told the U.S. Senate Commerce, Science and Transportation Committee that China was the "most protectionist" country among large economies. Trump has leveled criticism at both NAFTA and...

  • BERLIN, Jan 3- The European Central Bank should end its bond-buying program if Germany's stronger-than-expected inflation reading for December is reflected across the euro zone, the head of Germany's Ifo economic institute said. "This jump in inflation is a signal to exit from the ECB's expansive monetary policy," Ifo chief Clemens Fuest told the Frankfurter...

  • That threat, combined with various other pledges by Trump to battle Mexico over trade, investment, and jobs have pushed a growing number of companies operating in Mexico to put expansion plans on hold until Trump fleshes out his policies. "We have estimated that if NAFTA were eliminated in its totality- taking into account second-order effects- the GDP fall could...

  • BRASILIA, Dec 1- Venezuela will be suspended from the Mercosur regional trade bloc as early as Friday for failing to meet membership requirements, a Brazilian official said, in the latest blow to the oil-producing country during a deep political and economic crisis. According to the official, who asked for anonymity because of the sensitivity of the issue,...

  • BRASILIA, Dec 1- Venezuela will probably be suspended from the Mercosur regional trade bloc for failing to meet membership requirements, three Brazilian government sources said on Thursday, in another blow to Caracas during a deep political and economic crisis. Venezuela had until Thursday to meet requirements that included economic, human rights and...