GFM Network News


U.S. Senate passes CUSMA trade deal

Washington | Reuters — The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labour and automotive content but leaves US$1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation for the U.S.-Mexico-Canada Agreement (CUSMA) passed on an 89-10 bipartisan vote, sending the […] Read more



Global Markets: Relative unknown picked as new Russian PM

By MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Former Russian tax official Mikhail Mishustin will serve as the country’s new prime minister after the previous government stepped down. President Vladimir Putin handpicked the relatively unknown technocrat to lead the government while […] Read more









U.S., China reset trade relationship with Phase One agreement

Washington | Reuters — The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies. Beijing and Washington have portrayed their “Phase One” agreement as a momentous step after […] Read more