SAO PAULO (AP) – Brazil’s President Luiz Inácio Lula da Silva said on Saturday he hopes the massive free-trade deal between South American bloc Mercosur and the European Union will be signed in January. Protests on Friday by European farmers and opposition from France and Italy threatened to quash an agreement that has been under negotiation for more than 26 years.
NEW YORK (AP) - The U.S. stock market sank after a mixed day of trading. The S&P 500 fell 0.8% Tuesday. The Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite lost 1.4%. Nvidia, Microsoft and other influential Big Tech stocks weighed on the market. So did software companies and others seen as potential losers to competitors powered by artificial intelligence.
BRUSSELS (AP) – Italy signaled on Wednesday that it might not support a massive transatlantic free trade deal between the European Union and South American countries, casting further doubt on the agreement as European leaders gather for a summit in Brussels and farmers enraged by the trade pact descend on the capital.
WASHINGTON (AP) – Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath. U.S. trade partners are cutting deals among themselves — sometimes discarding old differences to do so – to diversify their economies away from the US.
BRUSSELS (AP) – France is throwing up a last-minute obstacle to a massive trans-Atlantic trade deal between the 27-country European Union and the five South American nations of the Mercosur bloc that’s taken a quarter-century to negotiate.
NEW DELHI (AP) – Indian lawmakers from the ruling coalition praised Prime Minister Narendra Modi on Tuesday for striking a deal with the U.S. that seeks to reduce tariffs on Indian goods, while the opposition raised questions on the impact on sensitive sectors such as agriculture. President Trump on Monday announced plans to reduce import tariffs on India.
MONTEVIDEO, Uruguay (AP) – Uruguay’s senate passed a law decriminalizing euthanasia on Wednesday, putting the South American nation among a handful of other countries where seriously ill patients can legally obtain help to end their lives.
Excerpts from recent editorials in the United States and abroad:
BRUSSELS (AP) – The European Union’s executive arm on Wednesday unveiled detailed proposals to protect farmers from being undercut by imports from South America as it seeks to build support for its deal with the Mercosur trade alliance.
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