Fed says the new NAFTA isn't going to help US dairy farmers

  • Federal Reserve Banks in the Midwest are reporting the renegotiated trade agreement between the U.S., Mexico and Canada is of little use to the dairy farmers President Donald Trump insisted on helping.
  • The Minneapolis Fed reported that "a substantial number of dairy operations have exited the business since the beginning of the year."
  • President Trump had pressed hard to get Canada to make concessions to American dairy farmers as part of the renegotiation of the North America Free Trade Agreement.



The renegotiated trade agreement between the U.S., Mexico and Canada is of little use to the dairy farmers President Donald Trump insisted on helping, Federal Reserve banks in the Midwest are reporting

Gains from the new agreement are seen as "too small and too far in the future to help dairy farmers," the Chicago Fed reported in the central bank's periodic report on economic conditions across its 12 districts.

The Minneapolis Fed reported that "a substantial number of dairy operations have exited the business since the beginning of the year." The report, called the "Beige Book," was released Wednesday.

Trump had pressed hard to get Canada to make concessions to American dairy farmers as part of the renegotiation of the agreement known as NAFTA, even threatening to leave Canada out of a tentative deal the U.S. had already struck with Mexico.

Before, U.S. dairy farmers faced strict import quotas and tariffs. Under the new agreement, which still needs to be approved by Congress, Canada agreed to drop restrictions, allowing U.S. producers to supply up to 3.6 percent of Canada's dairy market.




Even so, the Chicago Fed reports "dairy farmers continued to struggle," and Canada and Mexico kept their tariffs on pork, dairy and other agricultural products that they imposed in retaliation for Trump's tariffs on steel and aluminum products imported to the U.S.

Trump had hoped to boost GOP support among the farmers and workers in the upper Midwest for the upcoming midterm elections. Enough congressional seats are up for grabs to tilt the power back to Democrats, particuarly in the House of Representatives.

Halloween: Εσύ θα πέρναγες το βράδυ σου σ' ένα νεκροταφείο για 226 ευρώ;;

Ένας ερευνητής παραφυσικών φαινομένων ψάχνει 5 ανθρώπους για να περάσει μαζί τους, το βράδυ της 31ης Οκτωβρίου, σε ένα νεκροταφείο.




H γιορτή του Halloween μπορεί να έχει έρθει τα τελευταία χρόνια και στην Ελλάδα, όμως έχουμε πολλά ψωμιά να φάμε ακόμα και για να φτάσουμε αυτά που κάνουν στο εξωτερικό. Και δεν μιλάμε μόνο για τις ΗΠΑ, καθώς και στην Αγγλία του δίνουν και... καταλαβαίνει.

Το bark.com έδωσε μία επιστολή ενός ερευνητή παραφυσικών φαινομένων, ο οποίος ψάχνει πέντε άτομα, προκειμένου να περάσει μαζί τους το βράδυ του Halloween στο νεκροταφείο του Worcestershire.

«ΟΚ», θα μπορούσε να πει κάποιος, «θα είμαι μαζί με τόσα άτομα, τι μπορεί να πάει στραβά»... Υπάρχουν όμως κάποιες λεπτομέρειες, οι οποίες όπως και να το κάνουμε προκαλούν μία ανησυχία...





US: Seven children killed in virus outbreak

The death toll from a viral outbreak at a medical care centre in the US state of New Jersey has risen to seven children, with 11 more infected.



The strain of adenovirus at the Wanaque Center for Nursing and Rehabilitation was "associated with communal living" and "known to cause severe illness", officials said in a statement.

The children affected were "medically fragile", the statement added.



The state investigation is ongoing. The centre is now closed to new patients.

Greece: Former minister Papantoniou and his wife to be sent to Korydallos prison

Former minister Yiannos Papantoniou and his wife Stavroula Kourakou are to be incarcerated in Korydallos prison on Wednesday, according to the prosecutor's decision.



Greek judicial authorities ordered that the couple be remanded in custody late on Tuesday, following their testimony on charges of money laundering.



EN Edition: Tzanakopoulos: "Greece will not negotiate its national sovereign rights"

It has been proved that the former ministers of the old political system were more interested in pursuing their own interests than serving the Greek state, government spokesman Dimitris Tzanakopoulos said on Wednesday in an interview with public ERA radio.



On Greece's decision to extend its territorial waters, he said that "Greece will not negotiate with anyone in order to exercise the rights stemming from its national sovereignty."

He noted that the government will seek to gradually extend the territorial waters, starting in June, and adding that any differences that may arise will be discussed so they can be solved in a peaceful way.



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