The collection of remittances from Mexico totaled 19,075 million dollars in the first half of 2020, which represented a 10.6% year-on-year rise and a record, Banxico reported. Remittances are the sending of money from those who live in another nation to their country of origin. For example, money
The European Union, the United States and Brazil led the ranking of the world’s largest food exporters in 2019, according to data from the World Trade Organization (WTO). However, this subgroup of food exporters presented a year-on-year drop. In the sector, the external sales of the European Union
The container throughput index of the RWI-Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) increased to 111.5 in June according to the latest preliminary estimate. The most important reason is a sharp increase in Chinese ports. The index rose slightly in June,
The peso begins the session with a depreciation of 0.46% or 10.2 cents, trading around 22.38 pesos per dollar, losing ground for the fifth consecutive session in which it accumulates a fall of 2.08% or 45.5 cents. The depreciation of the peso is the result of a general
The IMEF Manufacturing Indicator increased in July by 5.0 points to 48.1 units, remaining in the contraction zone (<50) for the fourteenth consecutive month. During July, four components of the Manufacturing Indicator registered increases and, again, two of them significantly. The New Orders sub-index increased 10.8 points, to
Compañía Minera Cuzcatlán complies with the environmental standards required in Mexico, without incurring any irregularity that damages the environment of its San José mine in Oaxaca, the Federal Attorney for Environmental Protection (Profepa) has ruled. The demarcation occurred after Compañía Minera Cuzcatlán, a subsidiary of Fortuna Silver Mines,