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World Economy Economic Regions

  • *Fed's Beige Book expected at 2:00 p.m. ET. Solid earnings, stable economic growth and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year. "We continue to see solid numbers above expectations, stability in terms of economic growth and global growth," said Omar Aguilar, chief investment officer for...

  • *Fed's Beige Book expected at 2:00 p.m. ET. Solid earnings and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year. "We continue to see solid numbers above expectations, stability in terms of economic growth and global growth," said Omar Aguilar, chief investment officer for equities at Charles Schwab...

  • *Fed's Beige Book expected at 2:00 p.m. ET. Oct 18- The Dow Jones Industrial Average opened above 23,000 for the first time on Wednesday, powered by IBM, which hinted at a revival in its growth after six years in retreat. Solid earnings and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year.

  • *Canadian dollar at C $1.2539, or 79.75 U.S. cents. Canada sends about 75 percent of its exports to the United States. Trade Representative Robert Lighthizer, Mexican Economy Minister Ildefonso Guajardo and Canadian Foreign Minister Chrystia Freeland are scheduled to meet and take stock of the negotiations before issuing statements at a joint event at 3 p.m..

  • Canada and Mexico are grappling with tough demands by the United States to bring major changes to the North American Free Trade Agreement that are increasing the odds the pact will not survive. Canada sends about 75 percent of its exports to the United States, and its economy could suffer if the agreement is not renewed. "Negative NAFTA sentiment seemed to push...

  • Now, votes in Germany and Austria and uncertainty over the Spanish region of Catalonia are reviving concerns about the unity of the bloc. In Germany, the anti-immigration and anti-euro Alternative for Germany received almost 13 percent of September's national vote, putting it in parliament for the first time. "Even though Austria is highly integrated and...

  • WASHINGTON— The North American Free Trade Agreement is in its 23rd year. But what he wants— from requiring that more auto production be made-in-America to shifting more government contracts to U.S. companies— will likely be unacceptable to America's two NAFTA partners, Mexico and Canada. asks Phil Levy, senior fellow at the Chicago Council on Global Affairs. "

  • MEXICO CITY, Oct 3- As the United States, Mexico and Canada prepare for another round of negotiations to revamp the North American Free Trade Agreement, Mexico's economy minister on Tuesday urged the parties to stop fixating on trade deficits between the countries. The trade disparity between the U.S. and Mexico has been a frequent complaint of President Donald...

  • BUENOS AIRES, Sept 27- The South American trade bloc Mercosur could seek trade deals with Canada, Australia and New Zealand this year, an Argentine official said on Wednesday, as largest members Brazil and Argentina seek to open their economies. Mercosur, which also includes Uruguay and Paraguay, is working with the European Union to finalize the political...

  • BUENOS AIRES, Sept 27- The South American trade bloc Mercosur could seek trade deals with Canada, Australia and New Zealand this year, an Argentine official said on Wednesday, as largest members Brazil and Argentina seek to open their economies. Mercosur, which also includes Uruguay and Paraguay, is working with the European Union to finalize the political...

  • *Mexican economy minister says third round of NAFTA negotiations was "highly productive". *Mexican economy minister says encountered differences in some issues in NAFTA talks, will have substantial challenges in next round. *NAFTA negotiators says next round of talks will be in Washington from oct 11-15.

  • OTTAWA, Sept 26- The United States on Tuesday unveiled draft text on labor standards during the negotiations on modernizing the North American Free Trade Agreement as top officials from Canada, the United States and Mexico joined talks in Ottawa. Trade Representative Robert Lighthizer, Canadian Foreign Minister Chrystia Freeland and Mexico's Economy...

  • TAIPEI, Sept 26- Taiwan aims to expand international co-operation and actively participate in regional economic integration, Premier William Lai said on Tuesday. Lai, who took office after a cabinet reshuffle earlier this month and has vowed to boost the island's economy, also said the government was seeking to sign bilateral or multilateral trade...

  • 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...