The United States plans to reverse the Trump administration’s “draconian” immigration approach while working on policies addressing the causes of migration, President Joe Biden told his Mexican counterpart, the White House said on Saturday. In a Friday call with Mexican President Andrés Manuel López Obrador, Biden outlined his plan to …
Read More »Global stocks bruised on Trump’s fresh trade war threats
US stock index futures fell on Friday, ahead of the long holiday weekend, with investors wary after President Donald Trump’s latest salvo in Washington’s trade war with China. Wall Street snapped a four-day winning streak on Thursday after Bloomberg reported Trump was ready to impose tariffs on $200 billion (Dh735 …
Read More »The US-Mexico trade deal may be bad news for China, experts say
Now that U.S. President Donald Trump has bagged a political victory in the form of a trade deal with Mexico, the country’s ongoing dispute with China looks set to drag on, experts said. Mexico is “an important trading partner” of the U.S. and the deal offers Trump “some wins from a political perspective that the administration …
Read More »NAFTA talks held up by autos, Mexican splits on energy
The prospect of a quick deal between Mexico and the United States retreated on Friday as disagreements over energy flared up and conflict over autos persisted in the renegotiation of the North American Free Trade Agreement (NAFTA). Since talks resumed last month, US and Mexican negotiators have focused on reaching …
Read More »Mexico’s next president promises Pemex investment, names new CEO
Mexico’s incoming president named a new chief executive officer for Pemex and promised government investment of 75 billion pesos ($4 billion, Dh14.68 billion) in the oil sector, in a bid to revive the state-owned oil company. Andres Manuel Lopez Obrador tapped longtime political ally Octavio Romero Oropeza, who has no …
Read More »Caravan of migrants reaches US border, temporarily turned away by Border Patrol
A caravan of people from Central America seeking asylum in the United States reached the U.S.-Mexico border at San Diego where Border Patrol authorities said they are unable to process them due to space constraints. The Border Patrol facility at San Ysidro in San Diego won’t be processing any more …
Read More »Trump signs off on sweeping steel, aluminium trade tariffs
US President Donald Trump on Thursday slapped deeply contentious trade tariffs on foreign steel and aluminium, swatting aside warnings of a global trade war and protests from allies in Europe and at home. The tariffs of 25 per cent on imported steel and 10 per cent on aluminium will come …
Read More »Report: Testy phone call means Mexican president won’t be visiting White House any time soon
Tentative plans for a trip by Mexican President Enrique Peña Nieto to the White House have been scrapped after he and President Trump spoke by phone and tangled once again over Trump’s plans to erect a border wall, according to news reports. The two leaders spoke for about 50 minutes …
Read More »Federal Judge Temporarily Blocks Trump’s Decision To End DACA
A federal judge in California late Tuesday night temporarily blocked the Trump administration’s decision to end the Deferred Action for Childhood Arrivals program. Known as DACA for short, it protects young immigrants from deportation. In September, U.S. Attorney General Jeff Sessions announced that the program would be phased out. President …
Read More »Mexico: Huge earthquake topples buildings, killing nearly 250
A strong earthquake has struck central Mexico, killing at least 248 people and toppling dozens of buildings in the capital, Mexico City. President Enrique Peña Nieto said more than 20 children had died and 30 were missing after a school collapsed. The 7.1 magnitude quake also caused major damage in …
Read More »Trump pushes back on Dems’ claims of DACA deal
President Donald Trump pushed back Thursday morning against claims by top congressional Democrats that a deal has been reached over legislation to protect hundreds of thousands of young undocumented immigrants and that a border-security package would not include a wall along the US-Mexico border. “No deal was made last night …
Read More »Mexico expels North Korean ambassador over nuclear tests
The Mexican government on Thursday said it had declared the North Korean ambassador to Mexico persona non grata in protest at the country’s nuclear tests, an unusually firm step that moved it closely into line with Washington. In a statement, the government said it had given Kim Hyong Gil 72 …
Read More »U.S. did not detail request for auto rules of origin at NAFTA talks: source
In the opening NAFTA session of talks, the United States did not give precise details of how much it wanted to boost North American content for autos, a source directly familiar with the negotiations said on Saturday. Robert Lighthizer, President Donald Trump’s top trade adviser, this week said Washington wanted …
Read More »Toyota and Mazda link up to build $1.6 billion U.S. plant, develop electric cars
Toyota Motor Corp (7203.T) and Mazda Motor Corp (7261.T) plan to build a $1.6 billion U.S. assembly plant, the two said on Friday, as part of an alliance that will also see the Japanese automakers jointly develop electric vehicle technologies. The two will take small stakes in each other as …
Read More »Trump targets another company, draws Sanders’ criticism
By Doina Chiacu | WASHINGTON – President-elect Donald Trump drew a rebuke from former Democratic presidential candidate Bernie Sanders on Saturday, after turning his attention to another Indiana company planning a move to Mexico. “Rexnord of Indiana is moving to Mexico and rather viciously firing all of its 300 workers. …
Read More »10 Best Museums List — Trip Advisor
The Levant- -Twenty-five winners were selected from among 591 museums worldwide, TripAdvisor said. The Metropolitan Museum in New York City took first place. Other museums in the top 10 are the Orsay in Paris, Art Institute of Chicago, the Prado of Madrid, the Louvre in Paris, the State Hermitage Museum …
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