Brazil was the third largest producer and leading exporter of chicken meat in the world in 2022, according to estimates calculated by the United States Department of Agriculture (USDA). Brazil’s poultry production, consumption and export volumes have increased significantly in recent years. This growth has been driven by
In 2022, Foreign Direct Investment (FDI) in Latin America and the Caribbean increased 51% to US$208 billion, sustained by the high demand for raw materials and critical minerals. According to the United Nations Conference on Trade and Development (UNCTAD), all the main recipients in the region saw their
Mexico‘s Mining Law was amended on April 20, 2022 to designate Mexico’s lithium reserves as part of its national patrimony. According to the Mining Law, the Executive Branch is responsible for designating a decentralized public agency to carry out all exploration and exploitation of the lithium reserves. On
Oracle Corporation‘s investments in research and development totaled $8.6 billion in the fiscal year ended May 31, 2023, a year-over-year growth of 19.4 percent. From the company’s perspective, its investments in and innovation with respect to the products and services it offers across its three businesses (cloud and
The United States, China and Singapore were ranked as the top FDI recipients in the world in 2022, according to the World Investment Report 2023, released by UNCTAD. The United States captured US$285 billion (-26.5% year-on-year), followed by China (US$189 billion, +4.4%) and Singapore (US$141 billion, +7.6 percent).
Brown-Forman Corporation, producer of the Herradura brand, recorded a 10.3% year-on-year increase in tequila sales in the fiscal year ending 30 April 2023. Thus, in that year, its global tequila sales totalled $320 million, up from $229 million in 2021 and $290 million in 2022. In May 2023,