North American Free Trade Agreement News
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Mexican President Enrique Pena Nieto said he’s negotiating support to break the state monopoly over oil and gas exploration and production this year to accelerate economic growth. The peso pared its loss.
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Mexican and Canadian stocks are returning the least in 14 years versus the Standard & Poor’s 500 Index, a break from a history of matching or beating the benchmark gauge since the countries formed a free-trade agreement in 1994.
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U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.
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Latin America’s two largest nations are vying for economic and diplomatic clout as their candidates face off as finalists to head the World Trade Organization.
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The European Union will back Mexico’s Herminio Blanco over Brazil’s Roberto Azevedo to become the next head of the World Trade Organization, Bloomberg BNA reported, citing officials following the process.
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The selection of Brazil’s Roberto Azevedo as the next head of the World Trade Organization may help ease emerging markets’ resistance to removing barriers as part of global trade talks.
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Not so long ago, if you believe what you read in the papers and see on TV, Mexico was the next Afghanistan. It was poor, lawless, and plagued by drug violence, a failed-state-in-the-making whose problems and people would soon cascade over the border.
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Margaret Thatcher, the former U.K. prime minister who helped end the Cold War and was known as the “Iron Lady” for her uncompromising style, died yesterday. She was 87.
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SunEdison, the solar energy development unit of MEMC Electronic Materials Inc., received a $35 million loan from the North American Development Bank to build a project at a U.S. Air Force base in Arizona.
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Mexico’s peso tumbled as U.S. employers hired fewer workers than forecast in March, hurting prospects for the Latin American nation’s top export market.
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