Technological sovereignty in Germany is part of a strategy to reduce risks arising from economic dependencies, KfW said. KfW is a German development bank that plays a key role in financing economic and social projects in Germany and around the world. The German federal government, together with other
The Mining Chamber of Mexico (Camimex) highlighted five new gold mines in Mexico to start operations in 2024. The first of these projects is Tahuehueto, owned by Luca Mining, and located in the state of Durango. Tahuehueto will require an investment of 46.8 million dollars, with a useful
Demand for ethically sourced natural diamonds worldwide is expected to grow, especially in rapidly developing Asian economies, according to Anglo American. Buying ethically sourced natural diamonds means making sure they are not linked to labor exploitation, conflict or environmental damage. Anglo American is the parent company of De
The top five destinations for international sales of industrial robots in 2023 were China, the United States, Germany, Italy and Mexico. Robots have been used in industrial and manufacturing automation for many decades. These industrial robots are typically large, stationary robotic arms designed for repetitive tasks in controlled
Pemex’s internationalization has been strengthened since the United States, Pemex’s main partner, reduced its light oil imports. As of December 31, 2023, P.M.I. Comercio Internacional, S.A. de C.V., the company that handles crude oil imports and exports for Pemex, had 19 clients in seven countries. In 2023, 69.6%
Auto imports to Mexico grew at double-digit rates over the last three years, according to data from the Ministry of Economy. On a global scale, Mexico ranked twelfth among the largest importers of automobiles in 2023. Its share of total global auto imports rose from 1% in 2020