Mexico’s GDP would be less affected than that of Brazil in 2020 and 2021, according to World Bank projections. While the Mexico’s GDP would fall 7.5% in 2020, that of Brazil would register a decrease of 8%, at an annual rate. The following year, in 2021, Mexico’s GDP
World trade will drop 10-16% in 2020, an analysis by the European Commission projected. In particular, for the bloc (27 nations), the expected reduction is expected to be between 9 and 15% for non-EU27 exports and between 11 and 14% for non-EU imports (combined goods and services). In
China’s exports of products fell 7.7% year-on-year in May to $ 206.81 billion, the China Customs Administration reported. In turn, Chinese merchandise imports totaled $ 143.89 billion, a decrease of 16.7%, at the annual rate. As a result, China’s total merchandise trade was $ 350.7 billion, a decline
Industrial production in Germany decreased 17.9% in April from the previous month in seasonally adjusted terms, according to provisional data from the Federal Statistical Office (Destatis). Likewise, the adjusted annual decrease in German industrial production was 25.3%. This is the largest decrease since the series began in January
Jesús Seade Kuri will be proposed by Mexico as a candidate to head the World Trade Organization (WTO), according to sources consulted. Currently, Jesús Seade Kuri is serving as Assistant Secretary for North America of the Ministry of Foreign Affairs (SRE). The WTO will carry out the process
FEMSA sold 478,513 refrigerators last year, 28% of which were sold to Coca-Cola FEMSA and the rest to other clients. In addition, this business includes manufacturing operations for food processing, storage and weighing equipment. The company’s refrigeration business manufactures vertical and horizontal commercial refrigerators for the soft drink,