Fiscal stimulus packages have mitigated the loss of income in the United States, highlighted the United Nations Conference on Trade and Development (UNCTAD). At first, the US economy experienced a less brutal contraction than expected in mid-2020. On the fiscal side, aid packages were larger than expected and
The Ministry of Economy reported this Wednesday that it relaxed the deadline for compliance with NOM-051 on front labeling. On April 1, 2021, the second phase of the modification to the Official Mexican Standard (NOM-051) will come into force. In accordance with what was published in the Official
The economist David Ricardo developed the idea of comparative advantage in the early 1800s, and ideas from the theory are still relevant in explaining how countries trade today. Based on an analysis by the US Congress, Ricardo argued that specialization and trade are mutually beneficial even if a
The peso closed the session with an appreciation of 1.09% or 22.4 cents, trading around 20.39 pesos per dollar, with the exchange rate touching a minimum of 20.3126 and a maximum of 20.8139 pesos per dollar. The appreciation of the peso was concentrated in the minutes after 12:00
US Commerce Department to Expand Export Restrictions to Russia in Response to Chemical Weapons Poisoning. These restrictions will be implemented by the Bureau of Industry and Security (BIS) of the Department of Commerce pursuant to a determination of March 2, 2021 by the Secretary of State that the
Mongolia‘s State Energy Policy (2015-2030) contemplates two phases, with the construction of six coal-fired power plants. In the first (2015-2023), as planned, energy capacity will double, with the construction of six coal-fired power plants and two hydroelectric power plants. Highly efficient equipment will also be introduced, the proportion