Ferromex reported a derailment of locomotives and cargo units in the early morning of this Tuesday, in the town of Mazatepec, municipality of Tala, in Jalisco. The Ferromex accident involved the derailment of two locomotives and 12 rail freight units. Likewise, the derailed units reached homes that invaded
The peso closed the session with a depreciation of 0.37% or 7.4 cents, trading around 20.04 pesos per dollar, with the exchange rate touching a minimum of 19.8848 and a maximum of 20.1937 pesos per dollar. With the above, the Mexican peso loses for the third consecutive session,
World credit has turned to domestic borrowers as a result of the Covid-19 pandemic, according to statistics from the Bank for International Settlements (BIS). After a sudden surge in cross-border bank credit at the start of the pandemic, the subsequent reversal gave way to an expansion of domestic
The world’s airlines will have a drop of up to 48% in passenger transport in 2021 compared to 2019 (pre-pandemic level), estimated the International Civil Aviation Organization (ICAO). Overall, the impact of Covid-19 on scheduled global passenger traffic for 2021 (preliminary estimates) will still be significant, compared to
Industrial production in the United States grew 0.8% in May, month-on-month and seasonally adjusted, the Federal Reserve reported. Within it, manufacturing production advanced 0.9 percent, reflecting, in part, a large gain in motor vehicle assemblies. At the same time, the factory’s output, excluding motor vehicles and parts, was
The United States and the European Union (EU) reached an agreement to suspend for five years the tariffs imposed on each other in retaliation for the subsidies granted to aircraft manufacturers Airbus and Boeing. The two have accused each other of providing direct or indirect subsidies to their