In terms of products, Colombia’s exports totaled 25,462 million dollars from January to October 2020, a decrease of 23.3 percent. This is the second consecutive fall, since comparing the same periods of 2019 against 2018, Colombian exports contracted 5.2 percent. This South American country has shown a downward
The European Commission reported this Monday that it approved the proposed merger between the automotive companies Fiat Chrysler Automobiles (FCA) and Peugeot S.A. (PSA). Approval is conditional on full compliance with a package of commitments offered by the companies. Executive Vice President Margrethe Vestager, Head of Competition Policy,
The current account deficit of the United States increased 10.6% in the third quarter, according to statistics published by the Office of Economic Analysis. The revised deficit in the second quarter account was $ 161.4 billion. Likewise, the deficit in the third quarter was 3.4% of the Gross
Maersk will move ship calls to a new container terminal in Kalundborg, Denmark, operated by APM Terminals. Kalundborg is a Danish port city, capital of the homonymous municipality. It is located in the Kalundborg fjord, northwest of Zealand and north of the Great Belt. Maersk announced on Monday
The peso starts the session with a depreciation of 2.37% or 47.2 cents, trading around 20.42 pesos per dollar, with the exchange rate touching a maximum of 20.6641 pesos, being the highest daily depreciation of the peso since September 23. For now, the peso is the second most
The growth rate of steel and steel consumption continues its upward trend, despite the prospects for an uneven recovery in Latin American countries, reported Alacero. In September, steel consumption totaled 5,025 million tons (Mt), an increase of 6.4% compared to August. This recovery was mainly leveraged by Brazil,