Negotiators from 200 nations have struck a deal on how to implement the Paris climate agreement

Associated Press/Aijaz Rahi After two weeks of United Nations talks, negotiators from nearly 200 nations reached a deal on the Paris climate accord on Saturday. They have agreed on a set of rules that will govern the 2015 accord. The talks were meant to provide firm guidelines for countries on how to transparently report their […]

NAFTA negotiators are struggling to meet a congressional deadline

AS FAR back as the campaign trail, President Donald Trump had promised to renegotiate or rip up the North American Free Trade Agreement (NAFTA). But Paul Ryan, the Speaker of the House of Representatives, has said that if this Congress is to have time to approve a new version, it needs word that a deal […]

A NAFTA negotiator’s anecdote about feta cheese from Vermont explains why a US-UK Brexit trade deal will be harder than most people think

Reuters / John MacDougall On paper, negotiating a UK-USA trade agreement should be easy. The reality is likely to be much more complex. “A trade deal more likely than not, but it’s going to be more complicated than people think,” said Ambassador Charles Ries, a US diplomat who helped negotiate NAFTA, the world’s largest trade […]

Pound to euro exchange rate: Sterling recovers as negotiators make progress on Brexit

EU chief negotiator Michel Barnier said it could take “weeks or months” for talks to progress to the next stage. But he did acknowledge that a “new dynamic” had been created by Theresa May’s speech last week. MUFG currency economist Lee Hardman told Reuters: “He (Barnier) is suggesting that they’re making more progress now and […]

Pound to euro exchange rate: Sterling STEADY as Brexit negotiators promise 'real progress'

The exchange rate is buying €1.143, holding onto the highest levels seen in almost a month.  Sterling jumped against the euro late last week after comments from Bank of England (BoE) policymaker Ian McCafferty about monetary policy in the UK.  Mr McCafferty said his vote to hike interest rates should remain unchanged in the next […]

Here are 5 lessons Brexit negotiators should take from the League of Nations

REUTERS/Alessandro Bianchi Brexit has few precedents in international history. Parallels have been drawn to Greenland’s 1985 European Community withdrawal, and Burundi and Gambia abandoning International Criminal Court membership. Yet, the UK’s decision to leave the European Union is unmatched in recent history. No country has ever withdrawn from an international organisation, potentially cutting ties with […]