July 8, 2001 |
Caribbean leaders have agreed to remove the last of the restrictions blocking the free movement of money, goods and services in the region--among the final steps toward the creation of a European-style single market, the prime minister of Barbados said. Caribbean nations will begin phasing out the restrictions in December, Prime Minister Owen Arthur said Friday at the close of the annual Caribbean summit, which began Tuesday.
October 15, 2000 |
WASHINGTON There was scoffing at first, but the proposal by Mexico's president-elect, Vicente Fox, to open the borders and adopt the U.S. dollar throughout North America is getting increasingly serious attention. Fox's ideas have sparked new thought among many in the United States--from economists and demographers to local government officials and business executives--about concepts that had been considered largely unthinkable.
December 11, 1999 |
With a nudge from the United States, Turkey early today put economic promise ahead of national pride by accepting an invitation to European Union membership that might ultimately scuttle its disputed claims to Cyprus and several Aegean islands. At first, Turkish officials balked at the terms set out by the rich Western alliance for the membership it sought 13 years ago, with one diplomat saying the attached conditions meant "selling out Cyprus."
May 4, 1995 |
What can seven of the world's poorest nations, whose bilateral ties run the gamut from friendship to enmity, do to better those relations and their citizens' lives too? In the Himalayas, 7,250 feet above sea level, ensconced comfortably in Simla, once the hot-weather capital of India's former British rulers, leaders from the South Asian Assn. for Regional Cooperation pondered and discussed that question Wednesday. The association turns 10 this year.
March 2, 1994
MEXICAN STOCKS * The market shows no sign of stabilizing, as profit-takers continue to dominate and buyers stay sidelined. The Bolsa index added to its 1994 decline on Tuesday with a loss of 71.29 points, or 2.8%, to 2,514.15. That is the lowest close since it hit 2,506.33 on Jan. 17, during the plunge sparked by the rebel uprising in Chiapas state. * With many other world stock markets sliding and with U.S. interest rates on the rise, Mexican stocks are suffering in kind, analysts say.
CALIFORNIA | LOCAL
October 25, 1993
Current negotiations between the U.S. and Japan indicate that Japan is unwilling to take major steps toward reducing its trade surplus with the U.S. Fortunately, a large reduction of this surplus can nevertheless be accomplished by shifting U.S. imports from Japan to Mexico. With the aid of NAFTA plus the other favorable economic factors that now prevail, much of what is now purchased from Japan can gradually be obtained from Mexico. Since Mexico buys $110 from the U.S. for every $100 we buy from Mexico, and since Japan buys only $45 for each $100 of its exports to the U.S., such a shift in sources of imports would add greatly to the total number of U.S. manufacturing jobs.