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World Economy Economic Regions

  • LONDON— A closely watched survey is showing that the eurozone economy, made up of the 19 countries that use the euro currency, has ended the third quarter on a strong note, in a development that further reinforces hopes about the state of the region's recovery. Financial information company IHS Markit says Friday that its main gauge of the eurozone's business...

  • PARIS— The Organisation for Economic Co-operation and Development has upgraded its economic growth forecasts for the 19- country eurozone following a run of upbeat news from the single currency bloc. The big three eurozone economies— Germany, France and Italy— all saw upward revisions. Uncertainty over the country's exit from the European Union will...

  • MEXICO CITY, Sept 18- Mexico's economy minister said on Monday a successful retool of the North American Free Trade Agreement would hinge on two or three complex areas that he called "elephants in the room," just days before the next round of treaty talks in Canada. Speaking at an event in Mexico City, Ildefonso Guajardo said four chapters in the agreement could be...

  • MEXICO CITY, Sept 5- Trade Ministers from Canada, Mexico and the United States said on Tuesday they made progress in talks to update the NAFTA trade pact, a relief after a barrage of threats by U.S. Trade Representative Robert Lighthizer, Canadian Foreign Minister Chrystia Freeland and Mexican Economy Minister Ildefonso Guajardo sought to quell concerns about...

  • MEXICO CITY, Sept 5- The United States, Mexico and Canada are largely in agreement on issues related to the energy sector, Mexico's economy minister said Tuesday, as the second round of talks to modernize the North American Free Trade Agreement comes to a close. Speaking at a press conference, Mexican minister Ildefonso Guajardo said the countries are still...

  • MEXICO CITY, Sept 5- Trade negotiators from Canada, the United States and Mexico were set on Tuesday to wrap up the second round of talks to modernize the North American Free Trade agreement with a need to demonstrate at least some progress on non-controversial areas. Trade Representative Robert Lighthizer, Mexican Economy Minister Ildefonso Guajardo and...

  • PRETORIA, Sept 5- South Africa emerged from a recession in the second quarter as agriculture helped the economy expand more than expected, official figures showed on Tuesday, strengthening the rand and bonds. Africa's most industrialized economy grew 2.5 percent in the three months to the end of June, after contracting by 0.6 percent in the first quarter and by...

  • PRETORIA, Sept 5- South Africa emerged from a recession in the second quarter as agriculture helped the economy expand more than expected, Statistics South Africa said on Tuesday, strengthening the rand and bonds. Africa's most industrialized economy expanded 2.5 percent in the three-months to the end of June after contracting by 0.6 percent in the first...

  • Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland arrived in Mexico City to close out the second round of talks to modernize the North American Free trade agreement on Tuesday along with Mexican Economy Minister Ildefonso Guajardo. President Donald Trump has repeatedly threatened to abandon the 23- year-old pact...

  • MEXICO CITY, Sept 1- Trade negotiators from Canada and the United States gathered under rainy skies in Mexico City on Friday to discuss the North American Free Trade Agreement, with the mood darkened by U.S. The Sept. 1-5 round will also touch on more thorny topics such as rules governing local content in products made in North America, Mexico's economy ministry...

  • MEXICO CITY, Sept 1- The second round of North American trade talks that opened Friday in the Mexican capital will include 25 negotiation tables covering a range of topics from product rules of origin to market access, Mexico's economy ministry said in a statement. The five-day round of talks to modernize the 23- year-old North American Free Trade Agreement...

  • MEXICO'S ECONOMY MINISTRY SAYS SECOND ROUND OF NAFTA TALKS WILL INCLUDE 25 NEGOTIATION TABLES INCLUDING RULES OF ORIGIN, MARKET ACCESS, E-COMMERCE AND ANTI-CORRUPTION.

  • MEXICO CITY, Aug 31- Mexico and Canada would remain in the North American Free Trade Agreement even if the Trump administration abandoned the accord, Mexican Economy Minister Ildefonso Guajardo said on Thursday. "NAFTA will continue to regulate the relationship between Mexico and Canada," Guajardo said at an event in Mexico City, noting that only Washington...

  • On Monday, Trump said he would probably need to terminate NAFTA to get what he considers a fair trade deal with economic partners Mexico and Canada, and revisited his campaign promise that Mexico would pay for a border wall. Asked in Washington if Mexico would continue negotiating if Trump pulled the trigger on the six-month process of withdrawing from the...

  • MEXICO CITY, Aug 29- Mexico sees a serious risk the United States will withdraw from NAFTA and is planning for that eventuality, Economy Minister Ildefonso Guajardo said on Tuesday, calling talks to renegotiate the deal a "roller coaster" that could lead to an impasse. Trump has vowed to get a better deal for American workers, and the lively rhetoric on both sides...

  • MEXICO CITY, Aug 29- Mexico sees a serious risk the United States will withdraw from NAFTA and is preparing a plan for that eventuality, Economy Minister Ildefonso Guajardo said on Tuesday, calling talks to renegotiate the deal a "roller coaster." Trump has vowed to get a better deal for American workers, and the lively rhetoric on both sides precedes a second round...

  • MEXICO CITY, Aug 29- There is a serious risk that the United States could withdraw from the North American Free Trade Agreement, and Mexico must have a "plan B" for that eventuality, Economy Minister Ildefonso Guajardo was quoted as saying on Tuesday. President Donald Trump on Monday renewed his long-standing threat to abandon NAFTA, saying he believed the United...

  • MEXICO CITY, Aug 10- Mexico could pull back on cooperation in migration and security matters if the United States walks away from talks to renegotiate the North American Free Trade Agreement, the Mexican economy minister said in a newspaper report published on Thursday. Ildefonso Guajardo, who will take part in the first round of NAFTA talks with U.S. and...

  • MEXICO CITY, Aug 8- Mexico's economy minister sees a 60 percent probability that talks starting next week to renegotiate the North American Free Trade Agreement will be wrapped up by a soft deadline for the end of the year, he said in an interview on Tuesday. Ildefonso Guajardo, who will take part in the first round of NAFTA talks in Washington starting on Aug. 16, said...

  • MEXICO CITY, Aug 8- Mexico's Economy Minister Ildefonso Guajardo sees a 60 percent probability that talks starting next week to re-negotiate the North American Free Trade Agreement will be wrapped up by the end of the year, he said in an interview on Tuesday. The minister, who will take part in the first round of NAFTA talks in Washington starting on Aug. 16, said it...