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World Economy International Organizations

  • *Canadian dollar at C $1.2726, or 78.58 U.S. cents. TORONTO, Aug 14- The Canadian dollar softened on Monday against a stronger greenback as the U.S. dollar's rebound and demand worries from China pressured crude prices. bearish bets against the greenback following last week's escalation of tensions between the United States and North Korea as well as...

  • OTTAWA, Aug 14- Canada laid down a tough line ahead of talks on modernizing NAFTA on Monday, suggesting it could walk away if the United States pushed to remove a key dispute-settlement mechanism in the trade deal. North American Free Trade Agreement members Canada, Mexico and the United States hold their first session in Washington on Wednesday.

  • OTTAWA, Aug 14- Canada laid down a tough line ahead of talks on modernizing NAFTA on Monday, suggesting it could walk away if the United States pushed to remove a key dispute-settlement mechanism in the trade deal. North American Free Trade Agreement members Canada, Mexico and the United States hold their first session in Washington on Wednesday.

  • WASHINGTON, Aug 14- The Trump administration has set a collision course with the auto industry as it launches renegotiation of the 23- year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts. President Donald Trump's anger over the North American Free Trade Agreement, which he...

  • OTTAWA, Aug 14- Canada laid down a tough line ahead of talks on modernizing NAFTA on Monday, suggesting it could walk away if the United States pushed to remove a key dispute-settlement mechanism in the trade deal. NAFTA members Canada, Mexico and the United States hold their first session in Washington on Wednesday. Trade among Canada, Mexico and the United States...

  • *Canadian dollar at C $1.2704, or 78.72 U.S. cents. TORONTO, Aug 14- The Canadian dollar weakened on Monday against its U.S. counterpart as oil prices fell and the greenback posted broader gains, while investors awaited the start of renegotiations of the NAFTA trade pact this week. Prices of oil, one of Canada's major exports, fell as a slowdown in Chinese refining...

  • LONDON, Aug 14- One of the most vocal pro-Brexit campaign groups launched a campaign on Monday to oust finance minister Philip Hammond from parliament, saying he is part of a plot to stop Britain leaving the European Union. Divisions over Britain's Brexit strategy have resurfaced after Prime Minister Theresa May lost her parliamentary majority in an...

  • OTTAWA, Aug 14- The Canadian government's goals for talks on modernizing NAFTA include preserving the pact's dispute-settlement mechanism, Foreign Minister Chrystia Freeland said on Monday, setting up a potential clash with the United States. Talks between Canada, Mexico and the United States start on Wednesday. Noting that Canada had withdrawn its chief...

  • OTTAWA, Aug 14- The Canadian government's goals for modernizing NAFTA include preserving the pact's dispute settlement mechanism, Foreign Minister Chrystia Freeland said on Monday, setting up a potential clash with the United States. Talks on updating the trade pact between Canada, Mexico and the United States start on Wednesday. Freeland, speaking at the...

  • WASHINGTON, Aug 14- The Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23- year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts. The United States had a $74 billion trade deficit with Mexico in autos and auto parts...

  • WASHINGTON, Aug 14- The Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23- year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts. The United States had a $74 billion trade deficit with Mexico in autos and auto parts...

  • *EU, African Union urge the opposition to respect results. NAIROBI, Aug 13- Kenyan opposition leader Raila Odinga called on Sunday for a strike to support his claim to the presidency and accused the ruling party of "spilling the blood of innocent people" as he brushed off growing pressure to concede election defeat. But Odinga's NASA coalition says the whole vote...

  • *EU and African Union urge opposition to respect results. NAIROBI, Aug 13- Kenyan opposition leader Raila Odinga on Sunday called for a strike to support his claim to the presidency and accused the ruling party of "spilling the blood of innocent people", despite growing pressure on him to concede election defeat. The election commission on Friday declared...

  • OTTAWA, Aug 11- An effective dispute settlement mechanism is essential in any trade agreement, Canada's foreign affairs minister said on Friday, less than a week before the first round of negotiations on the North American trade pact. Canada's desire to include a dispute settlement mechanism in a renegotiated North American Free Trade Agreement has put the...

  • *IEA sees strong demand but weakened OPEC compliance with cuts. NEW YORK, Aug 11- Oil prices fell slightly on Friday after the International Energy Agency said weak OPEC compliance with production cuts was prolonging a rebalancing of the market despite strong demand growth. Brent crude was down 11 cents at $51.79 a barrel at 11:53 a.m. EDT, having earlier fallen...

  • *IEA sees strong demand but weakened OPEC compliance with cuts. LONDON, Aug 11- Oil prices fell on Friday after the International Energy Agency said weak OPEC compliance with production cuts was prolonging a rebalancing of the market despite strong demand growth. Brent crude, the global benchmark, was at $51.83 a barrel at 1220 GMT, down 7 cents, having earlier...

  • *Weaker OPEC compliance with cuts, Libya output buoy supply. LONDON, Aug 11- World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak OPEC compliance with output cuts, the International Energy Agency said on Friday. The Organization of the Petroleum Exporting Countries is curbing...

  • *IEA sees strong demand but weakened OPEC compliance with cuts. LONDON, Aug 11- Oil prices fell by one percent on Friday to their lowest in more than a week after the International Energy Agency said market rebalancing was taking time despite strong demand growth because of weak OPEC compliance with output cuts. Brent crude, the global benchmark, was at $51.42 a...

  • *Weaker OPEC compliance with cuts, Libya output buoy supply. LONDON, Aug 11- World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak OPEC compliance with output cuts, the International Energy Agency said on Friday. The Organization of the Petroleum Exporting Countries is curbing...

  • LONDON, Aug 11- Global oil demand will grow more quickly than expected this year, helping to ease a glut despite rising crude production from North America and weak OPEC compliance with output cuts, the International Energy Agency said on Friday. The Organization of the Petroleum Exporting Countries is curbing output by about 1.2 million bpd, while Russia and...