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The leaders of Canada, Mexico and the USA have banded together in a united front against swine flu, homicidal drug cartels and the economic recession at their recent North American trilateral meeting. Canadian Prime Minister Stephen Harper, Mexico’s President Felipe Calderon and US President Barack Obama agreed to combine their efforts to fight swine flu, [...]
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Australian Minister for Trade Simon Crean and Mexican Secretary for the Economy and Trade Gerardo Ruiz Mateos met last week upon finalising the report of the Australia-Mexico Joint Experts Group on Strengthening Bilateral Economic Relations. Bilateral trade passed $2 billion last year and the two ministers identified areas where the two economies could work together, [...]
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Trade between Asia and North America will benefit from the expansion of the Panama Canal after canal authorities nominated a bid by a Spanish-Italian consortium as the frontrunner to be awarded the expansion contract. The Panama Canal Authority will assess the consortium’s US$3.12 billion bid, led by Spain’s Sacyr Vallehermoso and Italy’s Impregilo, for technical [...]
...read moreThe latest World Health Organisation (WHO) report on swine flu indicates that 94,512 cases of the A(H1N1) virus have been confirmed worldwide, with 429 deaths attributed to the disease. Australia leads the Asia-Pacific region with 5,298 cases, while Britain has recorded the most cases in Europe, 7,447. The flu, which originated in North America, has [...]
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Global credit insurance agency Coface predicts that the rest of the year will see the world end on a recession, contracting by 2.5 percent, but then proceed to slow growth of 1.7 percent next year. Emerging economies will outpace industrialised countries, growing 0.7 percent this year and 4.1 percent in 2010. “Some real economy indicators [...]
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