General Motors, Stellantis and Nissan led automotive production in Mexico, considering only the production of light vehicles, informed Inegi on Monday. From January to October 2022, Mexico’s total light vehicle production stood at 2,789,988 units, a year-on-year growth of 9.8 percent. According to Lear Corporation, due to global
Intra-regional trade in the region of the Treaty between Mexico, the United States and Canada (USMCA) was 39.2% of the total trade of the three countries in 2021, according to data from the United Nations (UN). Total intra-regional trade in the USMCA nations amounted to 2619.8 billion dollars
China was the leader among all fresh apple exporters in the world, who recorded external sales of $7.96 billion in 2021, up 5 percent year-on-year. Chinese exports of fresh apples to the world totaled $1.43 billion last year, down 1 percent year-on-year. This was followed by Italy (1,049
The October PMI surveys indicated that the slowdown in global economic activity continued for the third consecutive month, with the services sector joining industry in contraction territory. At the same time, business optimism fell to its lowest level in 28 months as new order inflows and international trade
Activities in the digital assets can pose challenges to financial stability, the U.S. Federal Reserve noted. However, developments in recent months suggest that the ecosystem faces vulnerabilities and risks similar to those that can occur in traditional finance, such as runs, excessive leverage, operational risk, opacity and fraud.
Growth in the world economy slipped from an estimated 2.4%, at a seasonally adjusted quarterly rate, in the first quarter to an anemic 0.1% in the second quarter. Since then, according to the World Bank, multiple indicators of economic activity have deteriorated along with tightening global financial conditions