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Business Central America

  • MEXICO CITY, Nov 15- Mexican negotiators will propose "rigorous" five-year reviews of the North American Free Trade Agreement to counter a U.S. proposal to include a five-year sunset clause in the updated trade pact, a senior official said on Wednesday. Speaking on Mexican radio, Economy Minister Ildefonso Guajardo said that unlike the U.S. proposal, this plan...

  • MEXICO CITY, Nov 15- A fifth round of talks between the United States, Canada and Mexico to overhaul the North American Free Trade Agreement started on Wednesday in Mexico City under the shadow of tough U.S. demands and without the presence of trade ministers. In statements released on Wednesday, the United States, Mexico and Canada said their respective...

  • MEXICO CITY, Nov 15- U.S., Canadian and Mexican ministers agreed not to attend the fifth round of talks to overhaul the North American Free Trade Agreement in Mexico City, the U.S. Trade Representative said in a statement. Ministers agreed to give negotiators more space "to make important progress on key chapters" that were advanced in the fourth round that took...

  • OTTAWA, Nov 15- Canada will redouble its lobbying efforts in Congress to block any Trump administration move to pull the United States out of NAFTA, sources familiar with government strategy said, as talks to modernize the treaty run into trouble. The talks, resuming in Mexico City on Wednesday, stem from Trump's insistence that the treaty- which he views as...

  • Tesla Inc. plans to unveil a semi tractor-trailer this week, its first foray into trucking after more than a decade of making cars and SUVs. Truck rental company Ryder just added 125 all-electric vans made by California startup Chanje to its fleet. Delivery companies, mail services and utilities will be among the biggest purchasers, and most of the growth will...

  • FRANKFURT- Bank of England Chief Economist and Executive Director of Monetary Analysis and Statistics Andy Haldane is a panelist at the ECB conference on Central Bank Communications 1200 GMT. FRANKFURT- ECB chief economist Peter Praet and Denmarks Nationalbank governor Lars Rohde speak at conference "At the heart of policy: challenges and opportunities of...

  • FRANKFURT- Bank of England Chief Economist and Executive Director of Monetary Analysis and Statistics Andy Haldane is a panelist at the ECB conference on Central Bank Communications 1200 GMT. FRANKFURT- ECB chief economist Peter Praet and Denmarks Nationalbank governor Lars Rohde speak at conference "At the heart of policy: challenges and opportunities of...

  • Secretary of Energy Rick Perry said on Tuesday he is confident that the North American Free Trade Agreement will be successfully renegotiated by the United States, Canada and Mexico. Perry said that he expects NAFTA talks, currently underway among the three nations, will lead to a "good agreement, a fair agreement" during a Houston news conference with Mexican...

  • *Canadian dollar at C $1.2735, or 78.52 U.S. cents. TORONTO, Nov 14- The Canadian dollar weakened slightly versus a broadly lower U.S. currency on Tuesday, as a sharp drop in oil prices weighed on the currency of Canada, a major crude exporter. The currency's strongest level of the session was C $1.2701, while it touched its weakest since last Wednesday at C $1.2773.

  • MEXICO CITY, Nov 14- Mexico will respond to U.S. demands for changes in content rules for autos and an automatic expiration clause in the NAFTA trade deal when negotiations on reworking the accord begin again this week, a top government official said on Tuesday. A fifth round of talks to overhaul the North American Free Trade Agreement starts on Wednesday in...

  • Ross, speaking before the start of a fifth round of talks this week to modernize the North American Free Trade Agreement, said Mexico and Canada would suffer far more than the United States if the pact is dissolved. Trump has relentlessly criticized NAFTA for draining U.S. manufacturing jobs to Mexico, calling it "the worst trade deal ever made" and threatening to...

  • *Canadian dollar at C $1.2711, or 78.67 U.S. cents. *Loonie touches its weakest since Wednesday at C $1.2755. TORONTO, Nov 14- The Canadian dollar strengthened against its U.S. counterpart on Tuesday as the greenback broadly fell, while investors turned their attention to the resumption of NAFTA renegotiations later this week.

  • MEXICO CITY/ WASHINGTON, Nov 14- U.S., Canadian and Mexican negotiators hope to make modest progress in the next round of NAFTA trade talks as the White House focuses on pushing tax cuts through Congress, with little sign of compromise in sight on key sticking points. "There's been no movement on the tough stuff," said Bosco de la Vega, head of Mexico's National...

  • TUESDAY, NOVEMBER 14 SANTIAGO- Central Bank of Chile holds monetary policy meeting. MELBOURNE- Reserve Bank of Australia Assistant Governor Luci Ellis will give a speech at the Stan Kelly Lecture 2017, Melbourne- 0700 GMT. MONDAY NOVEMBER 20 SYDNEY- Panel participation by Michele Bullock, Reserve Bank of Australia's assistant governor at the Women in Payments...

  • **FRANKFURT- Federal Reserve Chair Janet Yellen participates in policy panel before the European Central Bank Conference: Communications Challenges for Policy Effectiveness, Accountability and Reputation- 1000 GMT. **FRANKFURT- Federal Reserve Chair Janet Yellen participates in policy panel before the European Central Bank- 1000 GMT.

  • **FRANKFURT- Federal Reserve Chair Janet Yellen participates in policy panel before the European Central Bank Conference: Communications Challenges for Policy Effectiveness, Accountability and Reputation- 1000 GMT. **FRANKFURT- Federal Reserve Chair Janet Yellen participates in policy panel before the European Central Bank- 1000 GMT.

  • MEXICO CITY, Nov 13- Mexico's government is preparing a macroeconomic response in case U.S. Underpinning some $1.3 trillion in annual trade between the United States, Canada and Mexico, NAFTA has been a central pillar of recent Mexican economic development. Trade negotiators from the United States, Mexico and Canada meet in Mexico City this week to continue...

  • *Canada's bond market was closed for Remembrance Day. As of Nov. 7, Canadian dollar net long positions had slipped to 50,889 contracts from 57,839 a week earlier, data from the U.S. Commodity Futures Trading Commission and Reuters calculations showed. "NAFTA concerns are starting to become more relevant for currency investors and traders," said Scott Smith,...

  • But Ortiz, like many others in El Paso, has come to terms with the changes. "We've actually suffered some of the pains of globalization; I think we are in the position now as a country and as a state to reap the rewards," Dallas Federal Reserve President Robert Kaplan said in a visit last month to El Paso. Despite initial job flight, the city of about 680,000 people has many...

  • FRANKFURT- ECB Vice President Vitor Constancio gives Keynote speech at Opening Conference of 20th Euro Finance Week in Frankfurt, Germany- 0900 GMT. **FRANKFURT- ECB board member Sabine Lautenschlaeger participating in an opening discussion at the Banking Supervision, Resolution and Risk Management Conference during 20th Euro Finance Week in Frankfurt,...