The peso closed the session with a minimum appreciation of 0.04% or 1 cent, trading around 21.09 pesos per dollar, after touching a minimum of 20.9588 pesos per dollar, a level not seen since March 11. The peso gave up most of its gains after the publication in
The United States Trade Representative (USTR), Robert Lighthizer, criticized on Tuesday a report from the World Trade Organization (WTO) panel that declared that the actions taken by the United States «to combat the widespread and harmful theft» of technology and US intellectual property by China are inconsistent with
The World Trade Organization (WTO) ruled against the tariffs that started the trade war between the United States and China, that is, the import taxes that United States customs imposed on Chinese products with an annual value of about 234,000 million of dollars. The tariffs were imposed in
Exports of the mining sector in Mexico have registered ups and downs in recent years, according to data from the Bank of Mexico. In its most recent annual trajectory, exports from the mining sector, excluding oil, fell 3% in 2016, rose 24.2 and 14.8% in the next two
The federal government of Mexico reported that the Mayan Train project will require an investment of between 120,000 and 150,000 million pesos. On December 16, 2019, indigenous communities in the Yucatán Peninsula voted to approve the Tren Maya development project. The Mayan Train is expected to begin operating
At the end of 2019, Mexico had 299 state-owned or controlled entities. These entities include: majority state-owned companies (majority government-owned companies); decentralized organizations; public trusts, and productive companies of the state, including their subsidiary productive companies. Majority-owned companies include development banking institutions, such as Banco del Bienestar, S.N.C.