A Mexican Monkey Wrench

Now let’s talk about trade. Negotiators from the US, Canada, and Mexico are meeting in Mexico City this week for Round 7 of the heavyweight fight over the rewrite of NAFTA. It’s not the various stories coming out of the White House that matter most for the deal’s fate. It’s the looming July 1 presidential election in Mexico that might just change everything.


There’s a good chance Mexican voters will elect Andres Manuel Lopez Obrador as president. AMLO doesn’t much care for Donald Trump, and he doesn’t care for NAFTA — though he knows he might have to live with both, and he’s been careful in his public comments. Those now at the bargaining table want a new deal done before the election gives AMLO a chance to complicate matters further.

Maybe the deal will be done before Mexico votes. Maybe it won’t, but an AMLO victory will focus minds on finishing things before he can be inaugurated president in December. Or maybe, AMLO becomes president, swaps out the entire Mexican negotiating team, says many things that make Trump mad, and the bargaining gets more complicated than ever.

A lot of people in all three countries want NAFTA to survive, but that guarantees nothing. Stay tuned.

In the southern Italian region of Basilicata, home to the Val d'Agri Oil Centre known as COVA, hydrocarbon processing has undergone a radical digital transformation. COVA boasts one of the world's first fully digitized hydrocarbon plants, but why? Two primary reasons: infrastructure and information. Val d'Agri has the largest onshore hydrocarbon deposit in mainland Europe. The site is expansive and highly advanced, and the plant features a sophisticated sensor system built to capture massive amounts of data. Maintenance checks, equipment monitoring, inspections and measurements are tracked in a fully integrated digital system designed to prevent corrosion and ensure cleaner, more sustainable natural gas processing.

Learn more at Eniday: Energy Is A Good Story

For a president gearing up for a fierce re-election fight next year, President Trump has a lot to worry about. Democrats are now taking more of the US political spotlight. The latest opinion polls don't look good for him. There are signs that the strong US economy, Trump's top selling point, may begin to wobble.

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Chinese Pigs – Beyond a trade war with the US and unrest in Hong Kong, now Chinese officials are wrestling with an even more basic political problem. Pork is the favorite meat for many of China's 1.4 billion people, and some analysts treat pork consumption as an important indicator of the financial well-being of China's middle class. A serious outbreak of African Swine Flu is expected to push pork prices 70 percent higher over the second half of this year, which will hit ordinary Chinese pockets hard. By some estimates, half of China pigs have been culled, but there are also reports that some farmers have avoided the expense of slaughtering infected pigs, raising fears that the disease will continue to spread. The central government takes this problem seriously enough to call on local officials to boost large-scale hog farming. So far, China's "Year of the Pig" is just not going well.

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Buy or sell: The iPhone

I'll make both arguments. First, buy. The new iPhone 11 didn't blow people's mind. But it's a pretty good phone. But what is most impressive is they lowered the prices on many of their phones and they offer a really good trade ins. So you can take your old iPhone, trade it in, get a discount on a new one. It's a pretty good deal. On the other hand, if the question is more: Is the iPhone still the unadulterated leader in innovation? Maybe not. The event was not quite as transformative as some of these events have been.

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1.2 million: Surging jihadist terrorism in Burkina Faso has pushed the country to the brink of humanitarian crisis, as attacks displace people from their homes and destroy critical infrastructure and hospitals. According to the International Committee of the Red Cross, 1.2 million Burkinabe are threatened with famine and malnutrition, and access to healthcare has dwindled. Experts say the violence is a spillover from the scourge of jihadism in neighboring Mali.

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