The United Kingdom signed on Sunday its entry into the Trans-Pacific Partnership Agreement (CPTPP), one of the world’s largest free trade agreements. This will make the United Kingdom the 12th country to join the bloc once its accession comes into force, and the first non-Asia-Pacific member. So far,
Like Japan and Europe, but for different reasons, emerging markets have underperformed significantly over the past decade, said Morgan Stanley Institutional Fund. Brazil, Russia, India, China and South Africa (BRICS) now form one of the world’s most important economic blocs, accounting for more than a quarter of global
The role of the dollar has empowered the United States economy by being a dominant reserve currency in the world since World War II. Like U.S. equities and for some of the same reasons, the U.S. dollar has performed spectacularly over the past decade. A reserve currency is
The World Customs Organization (WCO) plans to promote what it calls green customs and green international trade. First and foremost, the WCO plans for its members to increase the collection of standardized data on foreign trade operations for analysis and better decision making. But Ricardo Treviño, deputy director
Grupo Herdez realized 44% of its sales in 2022 through self-service chains and price clubs such as Chedraui, La Comer, Soriana, Walmart and Sam’s. At the same time, 38% of its sales were distributed through the traditional channel and wholesalers such as Abarrotes El Duero, Decasa, Grupo Sahuayo
A producer of glass, Mexico‘s Vitro exported chemical products to 15 countries in 2022, a segment in which its sales were US$179 million. Its Chemicals segment is engaged in the manufacture of inorganic chemicals, mainly sodium carbonate, sodium bicarbonate, sodium chloride, and calcium chloride. In 2022, sales of