Trade ministers from the United States, Canada and Mexico wrapped up a contentious fourth round of talks this week, aimed at modernizing the North American Free Trade Agreement. But the Trump administration’s proposals to reshape NAFTA have some trade analysts …
Canada’s foreign minister says there are “unconventional” and “troubling” proposals on the table as Canada, the United States and Mexico seek to update the North American Free Trade Agreement. The fourth round of talks on revising the 23-year-old NAFTA deal …
U.S. homebuilders are feeling more optimistic than they have in months, looking past a recent slowdown in new home sales and the risk of rising labor and materials costs following hurricanes Harvey and Irma. The National Association of Home Builders/Wells …
U.S. President Donald Trump’s net worth declined by some $600 million to $3.1 billion in the past year, according to Forbes magazine. The biggest contributing factor to Trump’s declining fortune was his real estate holdings, much of which is in …
For the last year, the deli that Egyptian-American Hatem El-Gamasy owns in Queens, New York has been the backdrop to on-air discussions on U.S. foreign policy and Middle Eastern affairs that are broadcast in Egypt. But when Egyptian broadcasters caught …
The church was empty, except for the piano too heavy for one man to move. It had been 21 days since the greatest storm Wayne Christopher had ever seen dumped a year’s worth of rain on his town, drowning this …
For months, the outlook for the eurozone economy has brightened thanks to a series of electoral defeats for populist parties in key states like France. Now, following votes in Germany and Austria and the uncertainty over the Spanish region of …
The world economy is the healthiest it’s been in years but could still use a little help from low-interest rates and higher government spending from countries that can afford it, the International Monetary Fund says. “There was a strong …
Throughout Northern California, where wildfires have raged for almost a week, killing at least 36 people and destroying about 6,000 buildings, residents are taking stock of what they have and what they have lost. Many are feeling lucky to have …
In its 19th year, the Fortune Most Powerful Women Summit brought together women leaders from a variety of industries to discuss the opportunities and pitfalls for companies seeking to grow in a fast-paced business environment. VOA Correspondent Mariama Diallo reports. …
Recent comments by U.S. President Donald Trump have raised fears that NAFTA, the 2-decades-old trade pact between Canada, the U.S. and Mexico, may be on its last legs. Proponents of NAFTA warn that scrapping the three-nation deal could cause economic …
The Trump administration Friday demanded that U.S.-made content account for half the value of the cars and trucks sold under the North American Free Trade Agreement, raising further doubts about any potential deal to renew the pact. Three sources briefed …
Disaster-prone countries that keep rebuilding homes, roads and utilities are in danger of becoming uninsurable unless their new infrastructure is built to survive further catastrophe, experts said Friday at a World Bank conference. New construction must be low in carbon …
The euro zone economy may be building up an impressive head of steam that shows no signs of cooling, but what policymakers at the European Central Bank really want – higher inflation – is still largely absent. Industrial output in …
China’s imports from North Korea fell 37.9 percent in September from a year earlier, marking the seventh consecutive month of decline, the customs office said Friday. China-U.S. ties have been strained by President Donald Trump’s criticism of China’s trade practices …
The wildfires burning through Northern California are sending visitors packing, threatening the $2 billion-plus spent annually by tourists on wine tours, fine food, limousine rides and much more, business leaders said. At the Inn on First bed and breakfast in …
The government of Peru’s President Pedro Pablo Kuczynski said Thursday that it will request special powers to legislate economic policies from the opposition-ruled Congress, after growth slowed sharply during his first year in office. During a presentation in Congress, Prime …
New research finds nearly 14 million people a year are losing their homes because of sudden onset disasters such as floods and cyclones. The Internal Displacement Monitoring Center, which analyzed the impact of sudden onset disasters in 204 countries and …
Washington has increased tensions in talks to renew the North American Free Trade Agreement by insisting that any new deal be allowed to expire after five years, two officials familiar with the negotiations said on Thursday. Canada and Mexico both …
The European Union’s Brexit negotiator said Thursday that that little progress was made with the U.K. in a fifth round of talks on the country’s departure from the EU in 2019, and that he cannot yet recommend broadening negotiations to …
China has a new richest man, according to the annual Hurun rich list of the country’s top movers and shakers. Xu Jiayin, the chairman of developer China Evergrande Group, has seized top spot – beating out more familiar faces such …
The Trump administration says coal is back and nuclear energy is cool. Not at the expense of natural gas, wind and solar, insists an unusual coalition of business and environmental groups. Dow Chemical, Koch Industries and U.S. Steel Corp. are …
The ranking of the 50 most powerful women by Fortune magazine is out. The list include such stalwarts as General Motors Mary Barra and PepsiCo’s Indra Nooyi. But it also seven newcomers, including the first foreign-born Latina CEO on the …
Billionaire philanthopist Michael Bloomberg has pledged an additional $64 million for the initiatives intended to slash the number of U.S. coal power plants. Bloomberg’s charity announced Wednesday the money will be donated to environmental groups working to replace coal-fired plants …