Posts Tagged ‘NAFTA’

Mexico: Obama arrives for summit

Wednesday, February 19th, 2014

Obama Heads to Mexico Amigos Meeting Strained by Keystone

Canadian Prime Minister Stephen Harper’s frustration with U.S. President Barack Obama’s failure to approve the Keystone XL pipeline may make this installment of the North America summit, known as the “Three Amigos,” the frostiest since the annual meetings began almost a decade ago.

At the one-day meeting tomorrow in Toluca, Mexico, with Mexican President Enrique Pena Nieto and Harper, Obama is bringing an agenda focused on trade, education, border security and stopping drug trafficking. Yet 20 years after the North American Free Trade Agreement took effect, the U.S. and Canada are at loggerheads over a $5.4 billion collaboration that would carry oil south from the thick sands of Alberta to American refineries along the Gulf Coast of Texas and Louisiana.

Hey, Canada has the oil, and will sell it.

Obama arrives in Mexico for summit that may show NAFTA strains

Rather than re-debate NAFTA, Obama is expected to press Mexican President Enrique Pena Nieto and Canadian Prime Minister Stephen Harper to speak with one voice as they negotiate the Trans-Pacific Partnership, a proposed trade bloc that includes 12 countries around the Pacific Rim.

Comment from prior post:

In the 1980′s Reagan had Saudi Arabia increase oil production to drop the price and hurt the USSR’s cash cow. Why can’t we allow Keystone XL to be completed to kill Venezuela’s cash cow? Canadian heavy blend and Venezuelan crudes are all the same type of crude oil which are used by several very major Gulf Coast refineries. Other crude oils cannot economically replace them.

Indeed!

The first 2014 Carnival of Latin America and the Caribbean

Monday, January 6th, 2014

LatinAmerARGENTINA
Ex-Israeli envoy to Argentina: Israel killed most perpetrators of AMIA, embassy bombings
Former ambassador Itzhak Aviran accuses Argentine gov’t of not doing enough to probe 1990s Buenos Aires terrorist attacks.

Dejó un mensaje telefónico porque las monjas no pudieron atender la llamada
El Papa llama a un convento de Lucena para felicitar el año nuevo
La conversación con el Pontífice duró 15 minutos y la pudieron escuchar cinco monjas
El Santo Padre envió su bendición a toda la buena gente de la localidad cordobesa

Argentina Criticizes Utilities After Outages
Argentina’s government has ruled out raising electricity rates and instead repeated threats to revoke the concessions of the two largest utilities that serve the capital if they don’t invest more to prevent a repeat of recent blackouts.

BOLIVIA
Headbanging in Bolivia to the Flutes of Yore
Heavy metal, Bolivian style, is a fusion of thrashing guitars and shrieking lyrics with the rhythms and instruments of pre-Incan Andean folk tunes.

BRAZIL
Brazil’s fighter jet decision

CHILE
Photos: Violent protests in Chile

Chilean miracle miners back in spotlight, with Antonio Banderas.

COLOMBIA
Bogota needs a “Bloomberg”; maybe, but it’ll do much better with a Giuliani.

CUBA
Reuters shocked…. shocked! … by Cuban car pricing

Mujeres: la carne barata de la revolución

The media
The most absurdly oblivious headline you’ll read all year

Cuba’s unhappy birthday

DOMINICAN REPUBLIC
Haitians without a nation
A ruling in the Dominican Republic divides immigrants in Boston

ECUADOR
Ecuador Authorities Raid Journalist’s Home
The raid is the latest crackdown on the press following a recent law restricting negative reporting.

USAID to Pull Out of Ecuador
Organization cites efforts of Correa admin to stifle aid programs

Sitting in the Ecuadorian embassy, Wikileaks founder Julian Assange derides Catholic confessional system but can’t come up with an original thought.

EL SALVADOR
El Salvador orders evacuation from volcano’s slopes
Authorities in El Salvador have resumed evacuating residents living on the slopes of the Chaparrastique volcano

HONDURAS
Election fraud in Honduras

JAMAICA
Cool Runnings Again? Jamaican Bobsleigh Team Return for Sochi Winter Olympic Glory Bid

LATIN AMERICA
Nafta at 20: A Model for Trade Policy
Opponents of the 1993 agreement have been proven definitively wrong.

MEXICO
Mexico: 6 Police Officers Charged in Death of U.S. Citizen in Custody
The man, Yeudi Estrada, was dead when he arrived at Police Headquarters in the resort of Playa del Carmen after his arrest, local prosecutors said.

Mexico 2013: End of the Year Reflections and the Year to Come

Suspected leader of Mexican drug cartel nabbed at Amsterdam airport, via Gates of Vienna.

PANAMA
Trouble at the Panama Canal
Your money or your locks

THE $5.25 billion expansion of the Panama Canal is one of the world’s great infrastructure projects, aimed at enabling giant mega-tankers to pass through the 100-year-old waterway between the Atlantic and the Pacific. So a threat by an international consortium, led by Spain’s Sacyr, to halt construction work on January 20th if the Panama Canal Authority (PCA) doesn’t pay it $1.6 billion for cost overruns, is serious. The amount it is claiming is fully half the $3.2 billion it bid in 2009 for its part of the project.

Jorge Quijano, administrator of the PCA, told The Economist that the authority would not pay the money because cost increases were accounted for in the contract.

Panama Canal expansion: Spain steps in to negotiations

Meanwhile, In 2013 Chiriquí Had 673 Earthquakes

PARAGUAY
Paraguay drug seizures up by 39% in 2013

PERU
Peru Plans to Increase Eradication of Coca Leaf
The nation’s drug czar says Peru plans to eradicate an estimated 30,000 hectares of illegally grown coca leaf in 2014.

PUERTO RICO
Could a Puerto Rico Default Hammer the $3.7 Trillion US Muni-Bond Market in 2014?

Puerto Rico Marijuana Reform Gets A Second Life

Puerto Rico’s Population Continues Rapid Decline

USA
No, an illegal immigrant should not be admitted to the bar

URUGUAY
Uruguay consumer prices up 8.5 pct in 2013, top government target

VENEZUELA
Venezuela’s surveillance state strikes again

Transforming a mistake into a revamped tool of repression: the Delcy Rodriguez scandal

Venezuelan Central Bank Joins The Dark Side

The inflationary monster (in Spanish)

The week’s posts:
Argentina: More price controls

Latin America: Free trade vs. Mercosur

Cuba: Lies, lies, and more lies

Mexico: Another Fast & Furious gun found

Italy: Latin American thieves pick the wrong town to hide

Cuba: The new car

Is 2014 Latin America’s “big year”?

Mexico: What has changed

At Da Tech Guy Blog: Ringin’ in the New Year in yellow undies: A brief story by Fausta


Video: NAFTA and Mexican Agriculture

Tuesday, October 15th, 2013

At MRUniversity

Has NAFTA caused unemployment in Mexico’s agricultural sector? What happened to agricultural prices in the US and Mexico after NAFTA? Has NAFTA led to gains in agricultural productivity? This video explores some of these key questions by looking at data from a paper titled “The effects of agricultural domestic and trade liberalization on food security: lessons from Mexico” by Antonio Yunez Naude.

Today’s podcast at 11AM Eastern: Washington’s trade war with Mexico

Tuesday, March 17th, 2009

Today’s podcast: Washington’s trade war with Mexico.

Related articles:
US law sparks Mexican trade row
Mexico Strikes Back in Trade Spat
Washington Starts Another Trade War

Previous posts:
Mexico raises tariffs reacting to Obama’s truck action

Previous podcast:
Will Mexico retaliate when Obama violates NAFTA?

Chat’s open at 10:45AM. See you there!

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Mexico raises tariffs reacting to Obama’s truck action, consequently…

Monday, March 16th, 2009

Obama Wants U.S.-Mexico Trucking Program Restored.

As you may recall, Brian Faughnan was in last Friday’s podcast talking about exactly that issue. Brian had predicted last Tuesday that Mexico would raise tariffs following the administration’s violating NAFTA. Sure enough, Mexico raised tariffs on 90 US products, and now the truck-crossing program is being restored:

The White House says it wants to work with lawmakers to restore a program that allows cross-border trucking with Mexico.

Mexico Monday put in place tariffs on 90 U.S. products after Washington canceled a program that allowed some trucks from Mexico to operate in the U.S. White House spokesman Robert Gibbs says the administration wants to work with Congress to come up with a plan that would restore that program.

Lawmakers had safety concerns and other reservations and did away with the program in last week’s spending bill.

Mr. Gibbs says the White House is working with Sen. Byron Dorgan (D., N.D.) to write a bill that would deal with lawmakers’ concerns.

The Mexican Economy Department says the U.S. decision violates a provision of the North American Free Trade Agreement that was supposed to have opened cross-border trucking years ago. Department officials told a news conference Monday that the measure will affect about $2.4 billion in trade, covering agricultural and industrial products from 40 U.S. states.

The Mexican officials didn’t name the products or specify the amount by which import tariffs will increase.

Activists in the U.S. had argued that Mexican trucks were unsafe, something Mexico denies.

It may be a good idea to avoid this type of colossal mistake if lawmakers would actually read the bills before voting on them.

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