Intra-trade is trade between economies belonging to the same group. According to UNCTAD, extra trade is the trade of economies in the same group with all economies outside the group. It represents the difference between the total trade and the internal trade of a group. In theory, economy
Trade between the United States and China was the largest in the world in 2019 in bilateral terms, said the United Nations Conference on Trade and Development (UNCTAD). The largest bilateral flows of merchandise trade in the world occur between the two countries, and between their respective neighboring
The peso starts the session with an appreciation of 0.22%, trading around 19.74 pesos per dollar, again touching a low of 19.70 pesos per dollar, a level that is consolidating as a key support amid uncertainty about the approval of new stimuli prosecutors in the United States and
In North America, milk production is forecast at 110 million tonnes in the current year, 1.6% more year-on-year, FAO said. In the United States, production is increasing, mainly due to the increase in the number of dairy herds and milk production. Producer margins remained stable as producers received
Total demand (measured in revenue passenger-kilometers or RPK) fell 70.6% in October compared to the same month in 2019, the International Air Transport Association (IATA) reported on Tuesday. This was only a modest improvement from the 72.2% year-on-year decline recorded in September. Capacity was down 59.9% compared to
The peso closed the session with an appreciation of 0.46% or 9.1 cents, trading around 19.80 pesos per dollar, touching a low of 19.7006 pesos per dollar, a level not seen since March 5. In the foreign exchange market, the peso was the fourth most appreciated currency in