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Trade unions unite in protest at likely new Air France KLM boss

“FILE PHOTO: Benjamin Smith at the 2016 International Air Transport Association Annual General Meeting and World Air Transport Summit in Dublin Thomson Reuters PARIS (Reuters) – The major trade unions representing Air France KLM staff issued a joint statement on Thursday to protest the likely choice of Air Canada executive Benjamin Smith as Air France KLM’s new chief executive” reports businessinsider.com. “Concerning the choice of new chief executive…the trade unions would like to state that it’s inconceivable that the company Air France – which has been French since 1933 –…

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Trump threatens Canada with auto tariffs if no NAFTA deal

“Now Trump is threatening to tax autos if there’s no NAFTA deal” reports forexlive.com. With the US dollar already sizzling, it won’t take much to spark a further rally in USD/CAD. When all is said and done, I think there will be a NAFTA deal in short order but I don’t think anyone on either side of Trump trade can be too confident about any outcome. Source: forexlive.com Share This:

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U.S.-Mexico NAFTA talks drag on as autos sticking points emerge

“These officials said U.S negotiators had essentially agreed that a new NAFTA trade deal would exempt existing Mexican auto plants from any “Section 232″ tariffs that Trump may impose” writes Midwest Communications Inc for 95kqds.com. Adam Austen, a spokesman for Canadian Foreign Minister Chrystia Freeland, who is leading NAFTA trade talks for Canada, said the minister was in regular contact with her Mexican and U.S. counterparts.But the U.S. side was sticking to a hard stance in the final stretch of the year-old NAFTA talks, trying to extract concessions as another…

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President Trump touted on Twitter the progress made in his trade talks with Mexico while criticizing Canada’s tariffs and trade barriers as “too high.”

“President Trump touted on Twitter the progress made in his trade talks with Mexico while criticizing Canada’s tariffs and trade barriers as “too high.”” reports washingtonexaminer.com. Trump, a proponent of fair trade, has been a strong critic of NAFTA during his time in office and vowed to strike a better deal for the U.S.In a Friday night tweet, Trump said his deal with Mexico is “coming along nicely” and negotiations with President-elect Andres Manuel Lopez Obrador have been positive. “Deal with Mexico is coming along nicely,” the tweet read. “Autoworkers…

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Combative Saudi foreign policy stirs international ire…

“Saudi Arabia has sought to tame critics with an aggressive foreign policy, but a deadly air raid in Yemen following an acrimonious spat with Canada will only amplify international pressure on the kingdom, analysts say” reports france24.com. The bombing raid, part of an intervention that reflects Saudi Crown Prince Mohammed bin Salman’s increasingly assertive foreign policy, follows the kingdom’s diplomatic rupture with Canada earlier this week. Source: france24.com Share This:

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Galaxy Home: Samsung’s smart speaker success depends on Bixby’s global aspirations

“The global smart speaker market is estimated to hit around $3 billion in 2018, rising to nearly $12 billion by 2023” writes Paul Sawers for venturebeat.com. As we approach the tail end of 2018, the voice-enabled smart speaker market is heating up.The Korean tech giant is a little late to the smart speaker market, of course, with a number of rivals already shifting millions of virtual assistant-enabled devices globally.A major factor determining whether the Samsung Galaxy Home flies or falls will be its global availability and localization efforts. Source: venturebeat.com Share…

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The man in charge of overseeing global trade says ‘the first shots have been fired’ in a trade war, and ‘the situation is extremely serious’

“The WTO’s latest World Trade Outlook Indicator, which measures trade growth, dropped to 100.3 in August’s release from 101.8 last month” writes Bob Bryan for businessinsider.com. “Whether or not you call the current situation a trade war, certainly the first shots have been fired.They also agree that current trade rules prevent certain populations, including parts of the US, from benefitting.Roberto Azevêdo, the director general of the World Trade Organization, warned in an op-ed published Thursday of the shift toward more protectionist trade policies and increased barriers.One of the most important…

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Riyadh to transfer all Saudi patients in Canada out of the country

“Saudi Arabia froze new trade and investment with Canada and expelled the Canadian ambassador early on Monday, in a stern gesture of retaliation after Ottawa urged it to free arrested civil society activists” writes Bandar Algaloud for cnbc.com. The Saudi government also banned new trade with Canada, although it was unclear if it would affect existing annual Saudi-Canadian trade of nearly $4 billion and a $13 billion defense contract. Source: cnbc.com Share This:

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Canada minister says government needs to communicate better on asylum seekers

“So far there hasn’t been a strong indication from them that they wish to engage with us on that issue,” Blair said” writes Midwest Communications Inc for 95kqds.com. For months Canada has sought U.S. consent to amend the agreement so that it applies across the entire border, allowing Canada to turn back thousands of asylum seekers, but with little success.Canada and the United States have an agreement under which asylum seekers trying to cross at ports of entry are turned around and told to apply in the country in which…

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