The price of diesel increased 9.0% year-on-year in Mexico during the first quarter of 2021 and will continue to grow in the short term, projected GMéxico Transportes (GMXT). Until 2016, the Ministry of Finance and Public Credit (SHCP) set the price of gasoline below the cost of production
In a recent analysis, the OECD warned about the effects that countries may have for granting support to zombie companies. Zombie companies, as they are often called, are companies that would have defaulted in a normal business cycle, but continue to operate due to an ultra-low interest rate
USTR announced Thursday the addition of new staff members who will fill important leadership positions at the agency. They are: Allison Smith, USTR Deputy Assistant for Congressional Affairs; Kamau Marshall, USTR Deputy Assistant for Media and Public Affairs; Tommy Wolfe, Deputy Executive Secretary; and Sam Michel, director of
Canada offers a wide range of investment incentives, according to the Report on the State of Investments in Mexico 2021, released by the State Department. In general, these investment incentives are designed to promote broader policy goals, such as boosting research and development and promoting regional economies. The
US Trade Representative Katherine Tai highlighted an OECD analysis of the effects of anti-competitive government support. Tai met with OECD Secretary General Mathias Cormann on Wednesday. At that meeting, Ella Tai congratulated Cormann on his recent appointment to head the OECD and expressed her hope that the United
The latest airline financial results for the first quarter of 2021 confirm that the beginning of the year was weaker than originally expected, IATA reported. The main reason, according to that international organization: new virus spikes halted or reversed the recovery of air travel in many major markets.