×

World Economy Economic Regions

  • 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...

  • 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...

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

  • MEXICO CITY, Nov 22- A renegotiation of the NAFTA free trade deal would hit the Mexican economy through uncertainty and suspended investments, Central Bank Governor Agustin Carstens said on Tuesday. President-elect Donald Trump has said that the North American Free Trade Agreement favors Mexico at the expense of U.S. workers and has vowed to try to rewrite the...

  • BERLIN, Nov 18- Slowly but surely, the economic policy tide in Europe is turning, and it may only be a matter of time before Germany is swept up. By adding its voice this week to the long list of institutions pressing Germany to spend more, the European Commission left Berlin looking more isolated and out-of-step than at any time since the outbreak of the global...

  • SEOUL, Nov 17- South Korea and six Central American countries have reached a free trade deal that will eliminate tariffs for more than 95 percent of export items from Asia's fourth-largest economy including autos, steel and textiles, the Korean trade ministry said on Thursday. South Korean trade minister Joo Hyung- hwan met with his counterparts from Nicaragua,...

  • MEXICO CITY, Nov 10- Mexico is willing to discuss the North American Free Trade Agreement with U.S. Economy Minister Ildefonso Guajardo said Mexico aims to persuade Trump how beneficial NAFTA, which took effect in 1994 between the United States, Mexico and Canada, had been for North America, despite the American's criticism of the deal. Mindful of the fact that...

  • One veteran strategist told CNBC that central banks’ adoption of negative rates was “meaningless” for the foreign exchange markets.