Games, including casinos, is the main economic activity in Macau, China, although its contribution to GDP decreased from 62.9% in 2012 to 50.5% in 2018, a report by the World Trade Organization (WTO) indicated. The authorities have tried to diversify the economy into different sectors, as the high
TC Energy Corporation announced Tuesday that it has entered into a definitive agreement and merger plan to acquire all outstanding common units of TC PipeLines, LP that are not owned by TC Energy or its affiliates in exchange for TC Energy Common Shares. Pursuant to the agreement, TC
Santacruz Silver Mining Ltd. reported on Tuesday that its wholly owned subsidiary, Carrizal Mining, reached an agreement with Minera Cedros, a wholly owned subsidiary of Industrias Peñoles, to extend the current lease of the Zimapan mine from December 31, 2020 to June 30, 2021. In a related matter,
Chapter 7 of the USMCA aims to facilitate and expedite the movement, release and clearance of merchandise in customs, as well as to make administrative procedures transparent. From the perspective of the Ministry of Economy, the measures in place will reduce the costs derived from customs operations, boosting
The peso starts the session with an appreciation of 0.22% or 4.4 cents, trading around 20.20 pesos per dollar, as the US dollar weakens and the risk appetite increases in global financial markets, particularly in the capital markets. The dollar weighted index starts with a 0.16% decline, while
By mid-October 2020, the WTO had received 255 notifications and formal communications from Members and observers on trade-related measures that were adopted in the context of Covid-19. Some WTO Members made several notifications in the same area. About two-thirds of the notifications related to Sanitary and Phytosanitary Measures