The decision of President Andrés Manuel López Obrador that the Army and the Navy take administrative control of the customs and ports of Mexico puts Mexico’s foreign trade at risk, affirmed the Mexican Business Council for Foreign Trade, Investment and Technology (Comce ). «With this decision, the Federal
The Federal Electricity Commission (CFE) purchases natural gas from Pemex, Iberdrola and Gas de Litoral, among other suppliers. CFE’s operations require large amounts of fossil fuels (fuel oil, natural gas, coal, and diesel). At the end of 2019, 75.1% of the installed capacity for generation (including Independent Energy
The business opportunities in the United States are wide and varied, both for being the largest importer of products in the world, the first global economy and one of the most diversified markets in the world. Additionally, the United States has 329 million consumers with high purchasing power
The peso begins the session with an appreciation of 0.70% or 15.8 cents, trading around 22.33 pesos per dollar, as a greater appetite for risk was observed in the global financial markets for the second consecutive session. This is because the leaders of the European Union approved a
Exports from New Mexico, Texas and Arizona have Mexico as their main destination, with a participation of more than 30%, according to data from the Census Bureau. Of the total externas sales of New Mexico products, 38.8% goes to the Mexican market, and that same ratio is 33.2%
The peso closed the session with an appreciation of 0.17% or 3.8 cents, trading around 22.51 pesos per dollar, in a day characterized by a greater appetite for risk in global financial markets, which allowed the appreciation of most currencies against the dollar and earnings on most global