In the fourth quarter of 2022, investment in Peru‘s mining industry totaled US$1.65 billion, US$77 million lower than in the fourth quarter of the previous year. By company, the following investments stand out: Anglo American Quellaveco, decreased its investment to 205 million compared to 409 million in the
China‘s competitiveness fell four places, from 17th to 21st, in the World Competitiveness Ranking 2023, compiled by the Swiss-based Institute for Management Development (IMD). From a medium-term perspective, China’s competitiveness has shown the following trajectory: 2019 (position 14), 2020 (20), 2021 (16), 2022 (17) and 2023 (21). Among
During the first quarter of 2023, world trade growth was positive for both goods and services, according to UNCTAD‘s latest Global Trade Update. Following a slowdown in the second half of 2022, world merchandise trade rebounded in both volume and value. In the first three months of 2023,
The United States moved up one position, from 10 to 9, in the World Competitiveness Ranking 2023, prepared by the Swiss-based Institute for Management Development (IMD). Within this indicator, the United States obtained the following results: in economic performance: domestic economy (5), international trade (32), foreign investment (1),
Mexico ranked 56th in the IMD‘s World Competitiveness Ranking 2023, one place less compared to the previous edition. On the one hand, its main improvements were in employment (long-term growth), labor force (also long-term growth), population growth, tourism revenues, commercial services exports, real GDP per capita growth, compensation
The state-owned copper company, Codelco, is the world’s largest copper producer, as well as Chile‘s largest company. While Codelco contributed $2.3 billion to government revenues in 2022, private mining contributed $4.6 billion in 2022. Under Chilean law, Codelco’s net profits are subject to a 40.0% excise tax, in