As of May 31, 2023, debt in Argentina (public and gross) totaled US$398.8 billion, a decrease of 0.6% with respect to December 31, 2022. Also, according to the Argentine government, as of June 18, 2023, agreements in principle have been entered into with holders of approximately 87% of
The competition derived from Mexico‘s nearshoring, especially with the United States, Vietnam and Canada, will not be easy, said Alicia Bárcena, Secretary of Foreign Affairs. «A great competition is going to come with the United States, because the United States is also trying to attract many companies from
The presidents of CMN, CCE and Comce, three Mexican business organizations, presented their visions of nearshoring on Tuesday at the inauguration of the 29th Mexican Foreign Trade Congress in Mexico City. Rolando Vega, president of CMN, said it is clear that the nearshoring phenomenon is attracting important investments
As of December 31, 2022, there were 217 OXXO stores in the Campinas and São Paulo areas. Also at the end of 2022, Grupo Nós had 1,213 franchised Shell Select stores and 38 self-operated stores through Raizen’s network of service stations. Grupo Nós, an alliance between the Mexican
Americans buying services from each other has been the largest component of U.S. Gross Domestic Product (GDP) since the first quarter of 1970, when spending on services surpassed spending on goods for the first time, according to Saratoga Advantage Trust. Currently, services spending growth has been positive for
China and the United States led exports of intermediate goods in the second quarter of 2023, according to data from the World Trade Organization (WTO). While Chinese external sales were $344 billion in those three months, a year-on-year decline of 9 percent, corresponding U.S. sales totaled $195 billion,