The peso closed the session with an appreciation of 0.37% or 7.8 cents, trading around 20.86 pesos per dollar, touching a low of 20.8480 pesos, ranking as the most appreciated currency in the wide basket of main crosses. The appreciation of the peso occurred alongside a weakening of
Jesús Seade was eliminated from the race for occupying the position of Director General of the World Trade Organization (WTO). Despite the lack of formal power of the WTO General Secretariat, the Director-General is an advocate for the global trading system and often exercises “soft power”, relying on
The Velardeña Mine, belonging to Industrias Peñoles and located in Cuencamé, Durango, received the distinctive Silver Helmet from the Mexican Mining Chamber (Camimex), which recognizes the safety of its facilities. Camimex granted this award to Peñoles in the underground mining category with more than 500 workers for the
The Covid-19 pandemic is the greatest immediate challenge, but it represents crisis and opportunity, according to a report from the United Nations (UN). What started as a public health emergency has morphed into the deepest global recession since the Great Depression. The report shows that the magnitude of
Container shipping fell to 92.4 points in an index released this Thursday by the World Trade Organization (WTO). In particular, this indicator is based on the index of container movement of the main international ports of the Institute of Shipping Economics and Logistics (ISL, for its acronym in
World trade in services will fall dramatically in the second quarter of 2020, according to the World Trade Organization (WTO) Trade in Services Barometer. However, resilience in some service sectors will offset precipitous declines in others, particularly air travel. Although the latest reading of 95.6 is the weakest