The Ministry of Economy published a list of 64 frequently asked questions about the Treaty between Mexico, the United States and Canada (USMCA). These are the first three: What is included within Chapter (1) Initial Provisions and General Definitions of the USMCA? Chapter 1 of the USMCA incorporates
China’s exports to the world totaled 1 trillion 098,750 million dollars in the first half, which represented a drop of 6.2% year-on-year, the country’s Customs Administration reported. Conversely, Chinese imports totaled $ 930.95 billion, a 7.1% decrease, at the annual rate. With this, China achieved a surplus in
The peso begins the session with an appreciation of 0.70% or 15.6 cents, trading around 22.29 pesos per dollar, in the face of a general increase in risk appetite in global financial markets, after yesterday, after the close, progress was announced in the development of a coronavirus vaccine.
América Móvil and Telefónica lost market share in internet service in Mexico in 2019, according to data from the Federal Telecommunications Institute (IFT). Compared to 2018, América Móvil’s share went from 70.7 to 69.9%, while Telefónica’s share decreased from 11.7 to 11.3 percent. In contrast, the AT&T portion
Pemex produced 76.8 million barrels per day (Mbd) of ethane in 2019, a year-on-year drop of 9.4 percent. This decrease was the result of less recovery in plants. In turn, Pemex’s ethane sales stood at 51.5 Mbd, with an increase of 5.3% compared to the previous year. Since
The Federal Electricity Commission (CFE) reported that the construction of five power generation projects in Mexico was completed in 2019. Of these, three correspond to Financed Public Works and two to Independent Energy Producers, contributing with a combined capacity of 3,330 MW and an investment of $ 1.604