The wage bill in Mexico decreased in June, although it is already above February 2020 levels, highlighted the IMEF in its monthly leading indicators report. On the other hand, remittances remain strong at levels well above pre-pandemic levels. This has been reflected in the increase in retail sales,
Grupo Lala uses raw milk as its main raw material and sources in Mexico from hundreds of dairy farms and imports. Focused primarily on the dairy and meat industries, the company reported sales of 23.357 billion pesos in the second quarter of 2022 and EBITDA of 1.826 billion
The global automotive industry has been most affected by the shortage of semiconductor chips, the U.S. International Trade Commission (USITC) said. Following aggregate trends, most manufacturing sectors experienced increases in trade value in 2021, especially in the first two quarters, compared to 2020. Among the most notable year-on-year
Policymakers and producers should prioritize reducing natural gas flaring and methane leakage along the energy supply chain, recommended the United Nations Conference on Trade and Development (UNCTAD). From their perspective, combating energy waste by stopping non-emergency flaring, reducing leakage and using only existing infrastructure would be a quicker
The United Nations Conference on Trade and Development (UNCTAD) recommended reducing speed limits for cars and trucks. Nearly 60% of the world’s oil supply is consumed by the transportation sector. In the short term, according to UNCTAD, demand can be reduced by lowering speed limits on cars and
The dispute settlement provisions of the North American Free Trade Agreement (NAFTA) are found in Chapter 11 (Investment), Chapter 19 (Review and Settlement of Antidumping and Countervailing Duty Disputes) and Chapter 20 (State-to-State Dispute Settlement). During 2021, there were a total of nine pending Chapter 11 cases filed,