The Bank of Mexico (Banxico) indicated that the most lasting effects caused by the Covid-19 pandemic are still unknown, and there is a risk of outbreaks that imply greater containment measures. After the sharp contraction of economic activity registered in April and May as a result of the
The United States imposed a countervailing duty against imports of twist ties originating in China. United States Commerce Secretary Wilbur Ross affirmative preliminary determination in countervailing duty investigation of China’s torsion ties. The Commerce Department is also conducting a simultaneous anti-dumping duty investigation on twist-tie imports from China.
The Thai government has promoted renewable energy through three guidelines, highlights a report from the World Trade Organization (WTO). In order to achieve these objectives, the Thai government has implemented a series of policies, mainly internal measures, such as subsidies and different incentive programs. These subsidies, however, have
The mining of metallic minerals in Mexico registered arrivals of Foreign Direct Investment (FDI) of 489.7 million dollars in the first three quarter of 2020, reported the Ministry of Economy. Mexico has a substantial and varied variety of mineral resources and is one of the world’s leading producers
Imports of grapes from Mexico registered a year-on-year fall of 23.9% from January to July 2020, to 50.3 million dollars, according to statistics from the Ministry of Economy. Of that total, 43.7 million dollars were supplied from the United States, followed by Argentina (5 million), Chile (1 million)
The Federal Commission for Economic Competition (Cofece) approved the acquisition of Bombardier Transportation by Alstom, including subsidiaries in Mexico. In order to accelerate the deleveraging of its balance sheet, Bombardier recently entered into a transformation transaction to sell its rail business to Alstom SA based on an enterprise