The Group of 20 (G20) registered 18 new restrictive trade measures between mid-May and mid-October 2020, mostly tariff increases, followed by prohibitions and stricter customs procedures, the World Trade Organization (WTO) reported on Wednesday. The average of 3.6 G20 trade restrictive measures recorded during the period is the
The World Trade Organization (WTO) reported on Wednesday that 200 trade corrective measures were registered between mid-May and mid-October 2020. That amount represents 84% of all trade measures not related to Covid-19 in the same period. According to the WTO, the number of trade remedy initiations during the
The G20 reduced the facilitation measures for foreign trade in goods implemented between mid-May and mid-October 2020, the World Trade Organization (WTO) reported. The commercial coverage of the “regular” import facilitation measures introduced during the five-month period, that is, those not related to the Covid-19 pandemic, was reduced
Maersk presented a year-on-year increase of 11.1% in its revenues for the third quarter of 2020, to 1.891 million dollars. “Despite the fact that Covid-19 negatively affected activities in most of our businesses, our disciplined execution of the strategy generated solid earnings and cash flow growth in the
The peso starts the session with an appreciation of 0.16% or 3.2 cents, trading around 20.24 pesos per dollar, in the face of a weakening of the dollar against its main crosses that loses 0.13% according to the weighted index. This is due to a moderate increase in
Customs and Border Protection, Customs Operations (OFO) intercepted alleged $ 11,618,000 worth of methamphetamine hidden in a commercial trailer arriving from Mexico over the weekend at the Pharr International Bridge cargo facility. “Our officers working at Pharr’s commercial facilities made this methamphetamine discovery through effective use of all