Exports of services from the United States fell 46.3 billion dollars, to 155.8 billion, reported this Friday the Department of Commerce. In turn, services imports fell $ 35.4 billion to $ 101.3 billion. The decreases in both exports and imports mainly reflected declines in travel, especially other personal
The peso closed the week with an appreciation of 0.73% or 15.5 cents, trading around 21.12 pesos per dollar, being the sixth consecutive week that the Mexican peso appreciated. The peso had not appreciated so many consecutive weeks since December 2018. During the week, the exchange rate touched
Global gold production would fall 1.7% in 2020, due to the closure and suspension of mines as a result of Covid-19 restrictions, mainly during the second quarter, GlobalData projected. The consultancy expects that almost all major producers will witness a decline in production levels during 2020, due to
The US Department of Commerce has banned WeChat and TikTok transactions, arguing that this will protect the national security of their country. In response to President Donald Trump’s Executive Orders signed on August 6, 2020, the Commerce Department announced on Friday bans on transactions related to WeChat and
The manufacturing industry has consumed more natural gas in the United States, revealed a survey released by the Energy Information Administration (EIA). Preliminary results from the EIA’s 2018 Manufacturing Energy Consumption Survey (MECS) show that the energy consumption of manufacturers in the United States has continued to rise
Mexico’s agroindustrial exports registered a growth of 0.8% year-on-year from January to July 2020, to 11.877 million dollars, reported the Ministry of Agriculture. In that same period, imports of agro-industrial goods were for 8.145 million dollars, a decrease of 7.2% at the annual rate. As a result, Mexico