The Bank of Mexico (Banxico) released this Monday the results of Mexico‘s Balance of Payments in the Third Quarter of 2022. First of all, in the third quarter of 2022, the current account registered a deficit of 5.505 billion dollars. At the same time, the capital account was
Mexico‘s automotive industry recorded exports for 14,617.4 million dollars in October, representing an increase of 33.8% year-over-year. With this, this sector had the highest dynamism among the first concepts in which Mexican foreign sales are divided. In general and during 2021, the main manufactured export products continued to
The main competitors of Bachoco include JBS USA Holding, Tyson Foods, Cargill, Sysco Corp and Smithfiels Foods. Industrias Bachoco owns and manages more than 1,000 facilities, organized into nine production complexes and more than 80 distribution centers in Mexico, and one production complex in the United States. In
The Brazilian government has been engaged in a privatization process that in the last three-year period has sold more than 100 owned assets, either directly or through state-controlled companies. State participation in the economy remains important, as the federal government currently controls 133 public companies (47 directly owned
What are the main financial indicators for multiple banking in Mexico from 2017 to 2021? Part of the WTO‘s answer is given as follows. Commercial banking in Mexico continued to present an adequate delinquency rate and a good level of solvency and liquidity during the last five years,
The government of Switzerland described the main actions it is taking to address the challenges posed by the aging population in that nation. At a meeting at the World Trade Organization (WTO), the Swiss government detailed the steps or measures it is evaluating to mitigate the impacts on