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
The peso starts the session with a depreciation of 0.10% or 2.1 cents, trading around 19.98 pesos per dollar, with the exchange rate touching a minimum of 19.8848 and a maximum of 19.9900 pesos. In the exchange market, a generalized strengthening of the US dollar is observed, where
World trade has recovered faster than the other components of world production, but it still faces challenges, according to the World Bank. After a 6% contraction in value in 2020, world merchandise trade would grow 19% in 2021, according to estimates from the United Nations Conference on Trade
Global demand for batteries for electric vehicles will grow 234% from 2020 to 2025, the White House estimated. Globally, the lithium market can be divided into: Lithium minerals for direct use. Basic lithium chemicals, including lithium carbonate and lithium hydroxide (as well as lithium chloride, from which lithium
Brazil ranked first among the major coffee exporters in the world in the 2019-2020 cycle, according to data from the World Bank. The retail market for coffee has changed dramatically over the past decade, with more and more people tending to consume more expensive specialty coffee drinks as
The European Union and the United States have imposed restrictions on vaccine exports, highlights an article released by UNCTAD. In recent months, the evolution of the global economy has been the result of a balance between two opposing forces: the brutal impact of the Covid-19 pandemic and the