The retirement savings system in Mexico is designed both to improve the economic condition of Mexican workers and to promote long-term savings in the economy by providing financing for investment projects in both the public and private sectors. The independent retirement accounts of each worker are managed by
At the end of 2022, Mexico had 211 state-owned or controlled entities, according to information from the Mexican federal government. These entities include: majority state-owned enterprises; decentralized agencies; public trusts; and state-owned productive enterprises, including their subsidiary productive enterprises. Majority-owned companies include banking development institutions, such as the
Chile‘s new trade agreements, currently under negotiation, including extensions, involve the European Union, CPTPP, EFTA, Indonesia and the United Arab Emirates (UAE). Chile already has 33 Free Trade Agreements (FTAs) and Preferential Trade Agreements with 64 economies representing about 86.3% of the world’s GDP. First, the European Union
Indonesia displaced Canada as the world’s leading exporter of nickel and nickel manufactures in 2022 by increasing these sales at a year-on-year rate of 365% percent. With this, Indonesian exports of these products climbed to US$5.978 billion, according to data from BPS-Statistics Indonesia. Already in the previous year,
The consulting firm Brand Finance released the 100 most valuable retail brands in its 2023 ranking, which was led by Amazon. Then came, in descending order, Walmart, Home Depot, Costco, Lowe’s, CVS, Taobao, Target, Tmall and Walgreens. Consumer expectations may change in response to complaints, improved reporting requirements,
Brazil, Chile and Peru were the top exporters to China from Latin America and the Caribbean in 2022, according to data from China’s General Administration of Customs. Ahead of all markedly, Brazil exported products to the Chinese market for VND110 billion, unchanged from 2021. This was followed by