The Better Utilization of Investment for Development Act (BUILD Act), enacted on October 5, 2018, led to the creation of the U.S. Development Finance Corporation (DFC). This followed the consolidation and expansion of development finance functions, which until then were primarily performed by the Overseas Private Investment Corporation
The United States, China (including Taiwan) and the United Kingdom ranked as Ford Motor Company’s top markets in 2022, according to the company’s own data. With some 173,000 employees worldwide, Ford develops and offers Ford trucks, sport utility vehicles, vans and commercial cars, and Lincoln luxury vehicles, along
Switzerland‘s imports increased at a year-on-year rate of 12.3% in 2022, to $246.94 billion, according to data from that nation’s General Administration of Customs. Switzerland and Liechtenstein form a customs union; they have a common currency; and their policies are harmonized in a number of areas. Both economies
Kansas City Southern (KCS) reduced at a year-over-year rate of 8% its Chemicals and Petroleum revenue in 2022, to $783.5 million. Thus, revenue decreased $68.3 million in the year ended Dec. 31, 2022, compared to 2021, due to a 13% decline in volumes per railcar/unit, partially offset by
India‘s exports totaled $449.07 billion in 2022, representing a 14% increase at an annual rate, according to data from the Ministry of Industry and Commerce. Conversely, Indian imports of goods were $729.39 billion, an advance of 27.6% year-on-year. While India’s overall objective remains to increase exports, given the
Chile‘s exports increased at a year-on-year rate of 2.9% in 2022, to US$97.491 billion, according to data from the Customs Administration. Chile has 31 Free Trade Agreements (FTAs) and Preferential Trade Agreements with 65 economies representing about 88% of the world’s GDP. On the other hand, imports to