Gold, silver and platinum prices recorded declines in the third quarter of 2022, compared to the immediately preceding quarter, according to the World Bank‘s precious metals index. Overall, this index fell 9%, on a like-for-like comparison. The decline was driven by weak investment and physical demand due to
Mexico‘s Federal Economic Competition Commission (Cofece) imposed fines for more than 2,414 million pesos to LP gas distributors for manipulating prices and sharing the market to the detriment of consumers. In total, Cofece sanctioned 53 companies and 34 individuals acting on their behalf. The reason? Those sanctioned colluded
The essential raw materials for producing today’s electric vehicle batteries are lithium, nickel, cobalt, manganese and graphite, says a report released by the World Bank. Other raw materials are important for fuel cells (such as platinum), electric motors (rare earth elements) and the extension of power grids and
Wheat is the main food grain produced in the United States and its price recorded a quarterly average decline from July to September 2022, after reaching an all-time high. In the United States, wheat known as HRW traded at an average of $394.8 per ton from July to
U.S. Trade Representative Katherine Tai sent three lists of questions to the Mexican government on Mexican energy policies. Initially, Tai submitted two of these lists, but several of the questions were not answered or were partially answered. At the same time that there was disagreement from the U.S.
Mexico‘s Secretary of Economy, Raquel Buenrostro, informed that the ruling on the automotive panel between the members of the Mexico-U.S.-Canada Agreement (USMCA) will be announced in December. The USMCA essential parts requirement is currently subject to a dispute settlement procedure under Chapter 31 of the USMCA. Mexico and