Category: Economics
‘Ball in Europe’s court’ to rescue Ceta deal, says Canada trade minister
Chrystia Freeland says Canada ready to sign and hopes to return with Justin Trudeau if EU can persuade Wallonia to lift block. Canada’s trade minister has said it is up to the European Union to rescue a landmark trade deal that is being blocked after the Walloon regional parliament refused to allow Belgium to sign […]
Federal Reserve minutes show close call on September interest rate hike
Three central bankers voted in favor of increasing rates amid easing risks of Brexit but experts still expect only one hike this year, after December meeting. The Federal Reserves decision not to increase rates in September was a close call, the minutes released on Wednesday show. When the Federal Open Markets Committee (FOMC) met in […]
Pound falls further against the euro and the dollar – BBC News
Image copyright AFP The pound extended losses against both the dollar and the euro in late US trade on Tuesday, but recovered slightly in early Asian trade. Against the dollar, the pound had fallen more than 2%, at one point dropping below $1.21, while against the euro it fell below 1.10. It has now fallen […]
Pound continues to fall against dollar amid ‘hard Brexit’ fears
Sterling falls 0.3% to $1.2395 as City worries persist about UK’s economic prospects outside EU. The pound has continued to fall against the US dollar as worries persist over the UK’s economic prospects outside the EU. Sterling suffered sharp losses last week as ministers at the Conservative party conference signalled they would opt for a […]
EU and US trade negotiators seek to get TTIP talks back on track
Officials will rush to lock in progress on controversial trade deal before Barack Obama leaves White House in January. Trade negotiators will meet in New York next week to search for common ground on the controversial EU-US trade deal, which has been buffeted by strong opposition on both sides of the Atlantic. A team of […]