California was the largest net importer of electricity among all the states that make up the United States in 2019, the Energy Information Administration (EIA) reported. Electricity routinely flows between the Lower 48 states and, to a lesser extent, between the United States and Canada and Mexico. Electricity
Japan’s economy grew at a 5.3% quarterly rate, revised up from the previous estimate of 5.0%, the Japanese government reported. With this, Japan recovered the revised 8.3% drop in its Gross Domestic Product (GDP) in the previous period. The behavior of the Japanese economy was driven by the
Exports and imports of products will fall in all regions of the world in 2020, the World Trade Organization (WTO) projected. The Organization forecasts a 9.2% decrease in the volume of world merchandise trade in 2020, as well as a 4.8% drop in world GDP at market exchange
The peso closed the session with a depreciation of 0.46% or 9.2 cents, trading around 19.86 pesos per dollar, as a weakening of most currencies was observed against the dollar, which led the weighted index of the US dollar to advance 0.15%, its first daily increase since Monday,
China’s imports of products totaled 192.65 billion dollars in November, a year-on-year increase of 4.5%, the General Administration of Customs of that country reported on Monday. Conversely, Chinese exports totaled 268.07 billion dollars, an increase of 21.1%, at an annual rate. In China, the economic recovery continued during
The European Commission reported this Monday that it approved the proposed acquisition of BASF Colors & Effects by DIC Corporation (DIC). Approval is conditional on full compliance with a package of commitments offered by DIC. Executive Vice President Margrethe Vestager, in charge of competition policy, said: “Pigments are