Canada Raises Rate Another 25 bps and Sees Further Hikes

Canada's central bank raised its monetary policy rate by another 25 basis points to 1.50 percent and expects further rate hikes will be needed to keep inflation near its target though it will continue to be guided by the level of economic activity and inflation. The Bank of Canada (BOC) has now raised its key … Continue reading Canada Raises Rate Another 25 bps and Sees Further Hikes

Former FARC Commander Plans to Run for President

A former leader of the Fuerzas Armadas Revolucionarias de Colombia, known by their acronym FARC, announced his intention to run for president in 2018, reports Reuters. Rodrigo Londono, also known by his nom de guerre "Timochenko," will be the 2018 presidential nominee for the Fuerza Alternativa Revolucionaria del Común, the political party formed by former-FARC members after … Continue reading Former FARC Commander Plans to Run for President

President Trump Casts Doubt on NAFTA Renegotiations at Campaign Rally in Arizona

In a rally in Arizona, a border state that relies heavily on trade with Mexico, President Donald Trump cast doubt on the ability of Canada, Mexico, and the United States to renegotiation the North American Free Trade Agreement. After reiterating his belief that Mexico and Canada benefited more from NAFTA than the United States, President Trump … Continue reading President Trump Casts Doubt on NAFTA Renegotiations at Campaign Rally in Arizona

NAFTA Renegotiations Begin in Washington, DC

Representatives from Canada, Mexico, and the United States meet today in Washington, DC to renegotiate the 23-year-old North American Free Trade Agreement. Early reporting by NPR indicates that negotiations were off to a rocky start. As the three nations' representatives get started, the future of NAFTA remains unclear. History of NAFTA The North American Free Trade … Continue reading NAFTA Renegotiations Begin in Washington, DC