Palm oil in focus as Swiss vote on trade pact with Indonesia

3/3 © Reuters. FILE PHOTO: Wooden houses are pictured as smoke covers trees due to the forest fires near Banjarmasin in South Kalimantan province 2/3 By Silke Koltrowitz ZURICH (Reuters) – Swiss voters will decide on a free trade agreement (FTA) with Indonesia on Sunday, with lower tariffs on palm oil imports the main issue […]

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U.S. Chamber slams Mexico power bill as breach of USMCA trade pact

WASHINGTON (Reuters) – The U.S. Chamber of Commerce on Friday slammed an electricity bill proposed by Mexico’s president as “deeply troubling,” saying it represented a breach of the country’s commitments under the United States-Mexico-Canada Agreement (USMCA). The planned legislation will undermine foreign investor confidence as Mexico emerges from its worst economic contraction since the Great […]

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China will conduct talks on EU investment pact ‘at its own pace’

© Reuters. FILE PHOTO: An attendant walks past EU and China flags ahead of the EU-China High-level Economic Dialogue in Beijing By Yew Lun Tian BEIJING (Reuters) – China will conduct talks on an investment pact with the European Union “at its own pace”, its foreign ministry said on Friday, raising doubts about whether a […]

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U.S. asks Mexico for help to investigate oil-for-food pact with Venezuela

© Reuters. MEXICO CITY (Reuters) – The U.S. State Department, the Treasury Department and the U.S. Embassy in Mexico are investigating at least two Mexican firms involved in an oil-for-food pact signed in 2019 with Venezuela’s government, U.S. officials said on Wednesday. Mexico-based Libre Abordo and an affiliated company, Schlager Business Group, have since late […]

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Saudi Arabia slashes April crude oil prices after OPEC’s supply pact collapsed

© Reuters. A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq DUBAI (Reuters) – Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday, sending oil into a tailspin. State oil […]

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