Global Markets: NAFTA talks tensions revealed

By Commodity News Service Canada
WINNIPEG, October 18 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
NAFTA talks have been extended into 2018, after the latest
round of negotiations, which wrapped up Tuesday, revealed the
enormous chasms in negotiating positions. The next round of
negotiations has been pushed back three weeks instead of the
usual two.
Ford Motor Company is recalling 1.3 million vehicles in
North America, including certain 2015-17 Ford F-150 and 2017
Ford Super Duty trucks, to add water shields to side door
latches. The safety recall is due to frozen door latch or a bent
or kinked actuation cable in the affected vehicles, which may
result in a door not opening or closing.
Oil prices hit a three-week high Wednesday as tensions in
Iraq and Iran raised risk premiums. International benchmark
Brent crude futures traded 54 cents higher at $58.42 a barrel at
12:42 GMT, just after reaching their highest level in three
weeks.

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