US Businesses Fear NAFTA Doomed; Mexico Warns of Consequences

The most powerful U.S. business lobby accused the Trump administration of making “poison pill proposals” to sabotage NAFTA on Tuesday, as Mexico’s foreign minister said the demise of the regional trade pact would hurt bilateral cooperation. The process of renegotiating the 23-year-old North American Free Trade Agreement has turned increasingly acrimonious. Mexico accuses U.S. President…

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American Richard H. Thaler Wins Nobel Prize in Economic Science

American Richard H. Thaler was awarded the 2017 Nobel Prize for Economics — officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The award committee said Thaler was chosen “for his contributions to behavioral economics.”   “By exploring the consequences of limited rationality, social preferences, and lack of self-control,” Thaler “has shown…

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