The latest estimates from Clarkson Research in August suggest that auto trade could decline by 34% in 2020. In parallel, the Institute of Shipping Economics and Logistics stated that, in view of the continuous (strong) decrease in volumes in the trade of automobiles by sea due to the
The peso closed the session with an appreciation of 0.15% or 3.3 cents, trading around 22.13 pesos per dollar, gaining ground along with other currencies of emerging economies, such as the Chilean peso that appreciated 1.46%, the Turkish lira that advanced 1.14%, the Colombian peso with 0.66%, the
Mexico’s gross collection from foreign trade operations totaled 420,889.3 million pesos in the first half of 2020, a decrease of 13.3% year-on-year, according to data from the Ministry of Finance and Public Credit (SHCP). On the other hand, in January-June 2020, the amount collected for self-declaration of taxes
Roberto Azevêdo will be PepsiCo Inc’s head of corporate affairs once he leaves the post of director general of the World Trade Organization (WTO), the multinational company announced on Wednesday. Surprisingly, on May 14, Roberto Azevêdo informed members at an informal meeting of Heads of Delegation that he
Minera Media Luna, a subsidiary of Canada’s Torex Gold Resources, built an artificial wetland for wastewater treatment in the municipality of Cocula, Guerrero (Mexico), where it has mining operations. The water treatment is located in the community of La Fundición and replicates the system present in nature for
Container shipping remains deeply depressed, with 86.9 points on the World Trade Organization (WTO) Merchandise Trade Barometer. The general index of the Merchandise Trade Barometer combines information on various component indices representing trade-related variables, including export orders, international air transport (IATA), container shipping, sales and production of automobiles,