Trade in commercial services registered a 20% year-on-year drop in the world during 2020, according to data from the World Trade Organization (WTO). Overall, trade in nominal US dollar terms fell even more dramatically than trade in volume terms in 2020. The values of world merchandise exports were
The construction industry registered the largest M&A agreement in Latin America: the acquisition from CPP Investments (Canada) of 40% of the capital stock of IDEAL (Mexico), a company specialized in infrastructure construction, for 2.5 billion dollars . UNCTAD highlighted this transaction in its 2021 Foreign Direct Investment annual
Global flows of Foreign Direct Investment (FDI) fell 35% in 2020, reaching $ 1 trillion. With this, according to a UNCTAD report, the amount represented the lowest level since 2005 and almost 20% lower than the 2009 low after the global financial crisis. Lockdowns around the world in
The United States Chamber of Commerce urged the publication of the final procedural guide on labor complaints under the Agreement between Mexico, the United States and Canada (USMCA). On this and other points, through a letter, the United States Chamber of Commerce asked the following questions to the
Mining production contributed 81.1% of world silver supply in 2020, according to information from Fresnillo plc. The world’s silver supply comes mainly from two sources: mining production; and recycled scrap. In 2020, mining production contributed 8.1% of the total silver supply, with scrap contributing 18.8% and the rest
The United States Department of Agriculture (USDA) reported that Mexico has reduced its livestock inventories due to the drought. By boat soon, ranching appears to be the agricultural activity that makes the most headlines in Mexico, as farmers announce reductions in animal inventories of 40 percent in Sonora