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World Economy Economic Regions

  • The meeting at the Hamburg leaders' summit of the Group of 20 economies was keenly anticipated in Mexico, and officials were quick to stress talks had been productive, despite Trump repeating that Mexico would pay for his planned border wall. "We're negotiating NAFTA and some other things with Mexico and we'll see how it all turns out, but I think that we've made...

  • The meeting at the Hamburg leaders' summit of the Group of 20 economies was highly anticipated in Mexico, and officials were quick to stress how productive talks had been, despite Trump repeating that Mexico would pay for his planned border wall. NAFTA underpins more than $1 trillion worth of trilateral trade between the United States, Mexico and Canada.

  • BELGRADE, July 5- Six Western Balkan countries are set to form a regional economic area, getting rid of non-tariff trade barriers and harmonising laws in order to attract more investment, the European Bank of Reconstruction and Development said on Wednesday. Albania, Bosnia, Kosovo, Macedonia, Montenegro and Serbia, all hoping to join the European Union, will...

  • BELGRADE, July 5- Six Western Balkan countries are set to form a regional economic area, getting rid of trade barriers and harmonising laws in order to attract more investment, the European Bank of Reconstruction and Development said on Wednesday. Albania, Bosnia, Kosovo, Macedonia, Montenegro and Serbia, all hoping to join the European Union, will launch the...

  • LONDON, June 23- Evidence built on Friday that the sturdy improvement in euro zone economic growth touted by the European Central Bank is in place-- albeit with some wobbles. Surveys of purchasing managers' plans in the euro zone, Germany and France all indicated steady growth, if not perhaps as much as some economists had expected. "Businesses experienced the...

  • QFC CEO: CANCELLED MIDDLE EAST ROADSHOW IN DUBAI THIS YEAR BECAUSE OF SAUDI-LED ECONOMIC BOYCOTT.

  • WASHINGTON, June 6- Mexican Economy Secretary Ildefonso Guajardo said on Tuesday that the North American Free Trade Agreement's rules of origin can be improved but denied that Mexico was a "back door" for Chinese goods to enter the United States. Speaking in a live interview on CNBC, Guajardo also said he believed there were grounds to believe that NAFTA can be...

  • MEXICO CITY, May 31- Mexico's Economy Minister Ildefonso Guajardo said on Wednesday there are "incentives" to wrap up the renegotiation of the North American Free Trade Agreement by the end of the year due to upcoming elections in the United States and Mexico. Mexico sends the vast majority of its exports north to the United States, and local officials view the...

  • MEXICO CITY, May 31- Mexico's Economy Minister Ildefonso Guajardo said on Wednesday there are "incentives" to wrap up the renegotiation of the North American Free Trade Agreement by the end of the year due to upcoming elections in the United States and Mexico. "The incentives of the U.S. and Mexican electoral calendars encourage us both to try to finish by the end of...

  • *Fed Beige Book expected at 2 p.m. ET. May 31- U.S. stocks were little changed on Wednesday, with the three major indexes on track to end the month higher, as gains in healthcare and technology were outweighed by a drop in energy shares due to a steep fall in oil prices. Oil prices fell by more than 2 percent to a three-week low, as rising Libyan production fueled concerns...

  • *Fed Beige Book expected at 2 p.m. ET. Oil prices fell by more than 2 percent to a three-week low, as rising Libyan production fueled concerns that OPEC- led output cuts are being undermined by several countries that are excluded from the deal. "We had the Memorial day weekend and volumes on Tuesday were low, so this is the first day that Wall Street is coming back in full...

  • *US and UK stocks cut; eurozone lifted to 16.1 pct. LONDON, May 31- British fund managers have raised their allocations to eurozone equities to the highest level since August 2016 after an emphatic French election win for centrist Emmanuel Macron pushed back the threat of a European Union break-up. Macron was elected French president on May 7, defeating his...

  • TOKYO, May 17- The dollar nursed its losses on Wednesday after taking a combination of punches- solid eurozone economic data, a fall in U.S. yields on heightened turmoil in Washington and downbeat housing data that reduced expectations of a Federal Reserve rate hike next month. Further pressure on the dollar followed news Trump asked his now-dismissed FBI...

  • President Donald Trump's administration to tell Congress early next week of plans to renegotiate the North American Free Trade Agreement, a move that would produce talks by late August. "Probably the notification will be sent to Congress by the U.S. executive at some time early next week," Guajardo told Mexican media on Tuesday a day after meetings in Washington...

  • President Donald Trump's administration to tell Congress early next week of plans to renegotiate the North American Free Trade Agreement, a move that would produce talks by late August. During the 2016 U.S. election campaign, Trump vowed to scrap the 1994 deal between the United States, Canada and Mexico if he cannot adjust it to benefit U.S. interests.

  • MEXICO CITY, May 16- Mexican Economy Minister Ildefonso Guajardo said on Tuesday he expects the administration of U.S. The move, which will start a 90- day countdown for talks, would be a step towards fulfilling a campaign promise by Trump who vowed to scrap the 1994 deal between the United States, Canada and Mexico if he cannot adjust it to benefit U.S. interests.

  • MEXICO CITY, May 16- Mexican Economy Minister Ildefonso Guajardo said on Tuesday he expects the administration of U.S.

  • MEXICO ECONOMY MINISTER SAYS EXPECTS TRUMP ADMINISTRATION TO NOTIFY CONGRESS AT THE BEGINNING OF NEXT WEEK OF PLAN TO OPEN NAFTA NEGOTATIONS.

  • *Latest round of talks will continue- Mexico sugar chamber. MEXICO CITY, May 15- U.S. Ross and Mexican Economy Minister Ildefonso Guajardo agreed to continue "open dialogue" over the coming days, Mexico's economy ministry said in a statement, but it was unclear when the delegations would next meet.

  • MEXICO CITY, May 15- U.S. Trade Secretary Wilbur Ross and Mexican Economy Minister Ildefonso Guajardo met in Washington on Monday and discussed dates for renegotiating the North American Free Trade agreement, Mexico's economy ministry said in a statement. The ministry did not mention any dates discussed.