Connexa Sports Technologies Inc. noted that the sports technology market, currently valued at $17.9 billion, is projected to grow to more than $40.2 billion by 2028, with more than 40% of that growth coming from North America. In addition, the proliferation of 5G and enhanced camera technology is
The current account deficit (CAD) of the Republic of Turkey has increased significantly in recent times, due in part to rising imports and energy costs. In 2022, Turkey’s Gross Domestic Product (GDP) increased 5.6% from the previous year, according to Turkish government data. Turkey’s CAD for 2022 and
The U.S. government recently expanded regulatory and enforcement activity related to a long-standing prohibition on the importation into the United States of goods manufactured with forced labor. In this regard, Section 307 of the Tariff Act of 1930 (Section 307) prohibits the importation of goods produced or manufactured,
World economic growth slowed to 3.3% in 2022 from 6.5% in 2021, and headwinds will continue to increase in 2023, according to UBS Group AG. After recovering in 2021 from the Covid-19 pandemic, economic momentum slowed in 2022. The war between Russia and Ukraine contributed to rising commodity
Internal contributions comprised 72% of Mexico‘s tax revenues in 2022, with 2 trillion 732,969 million pesos, a decrease of 1.3% at a year-on-year rate and in real terms. Above all, fiscal stimuli to maintain fuel prices impacted the result, according to information from the Ministry of Finance and
The global outlook for 2023 for the automotive sector remains negative, according to French credit insurer Coface, which also offers debt collection, factoring and commercial information services, among others. Factoring is an atypical and complex business with specific characteristics in international trade, through which companies and entrepreneurs assign