World Bulletin / News Desk
Mexico has launched its first dispute against Argentina at the World Trade Organization, following similar complaints against Argentina by the European Union, United States and Japan, the WTO said on Monday.
The four complaints centre on Argentina's import licensing rules, which its critics say amount to a blanket restriction on imports and are one of several protectionist policies adopted by the government of President Cristina Fernandez.
The worsening of trade relations between the two Latin American countries follows Argentina's decision to pull out of a car trade pact two months ago.
Mexico's inclusion in the WTO case, which has an unusually large number of complainants, may undermine Argentina's arguments that its critics are all rich nations that are trying to restrain developing countries.
Argentina's WTO ambassador Cecilia Nahón, defending the country's policies against widespread criticism at the WTO, has also asserted that Argentina cannot be accused of restricting imports when its imports grew by 31 percent in 2011.
Treasury reports central government debt stock in March rises around 15 pct year-on-year, reaching nearly $235 billion
Sales to foreigners amounted to 1,827, 15.8 pct rise year-on-year, according to official report
BIST 100 slips 0.15 percent; US dollar/Turkish lira exchange rate stands at 4.0460
BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250
Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank
BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020
Hong Kong and China ended down after fluctuating through the morning on data showing the world's number two economy expanded in January-March at the same rate as the previous three months.
For Turkey, Germany is a very important, indispensable partner: Turkish Energy Minister Albayrak says in Berlin
BIST 100 rises 0.69 percent; US dollar/Turkish lira exchange rate stands at 4.0830
The United States, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.
Excluding interest payments, central government budget balance saw surplus of nearly $500M in first quarter of 2018
London's FTSE 100 index fell 0.1 percent to 7,254.83 points, with UK advertising giant WPP diving four percent after chief executive Martin Sorrell resigned over the weekend.
The US, Britain and France carried out attacks at the weekend on alleged chemical weapons facilities, in response to what they say was a toxic gas attack by the Russia-backed Assad regime a week before.