The peso closed the session with an appreciation of 1.29% or 29.6 cents, trading around 22.69 pesos per dollar, before a general weakening of the dollar, whose weighted index showed a decline of 0.26 percent. In the exchange market, the most appreciated currencies were those of emerging economies,
The Manufacturing IMEF Indicator increased 4.4 points in June to stand at 42.0 units and remain in the contraction zone for the fourteenth consecutive month For its measurement, the IMEF Indicator varies in an interval from 0 to 100 points and the level of 50 points represents the
The global tourism sector could lose at least $ 1.2 trillion, or 1.5% of the world’s Gross Domestic Product (GDP), by standing for almost four months due to the coronavirus pandemic, UNCTAD said in a report published on 1 July. Tourism is an important source of employment worldwide.
The United States elected the following 10 panelists to settle State-State cases under the USMCA: Julie Bédard, Susan G. Braden, John J. Buckley, Jr., EF Mano DeAyala, Dennis Devaney, Mark C. Hansen, Jean E Kalicki, Ann Ryan Robertson, Koji Saito and Stephen P. Vaughn. In terms of State-State
The Ansley consultancy highlighted 10 commitments of the USMCA (Treaty between Mexico, United States and Canada), which replaces as of this Wednesday the North American Free Trade Agreement (NAFTA). The USMCA potentially represents a source of stability for several sectors of importance to the Mexican economy. According to
Intra-region steel exports would increase with the new rules of origin of the Treaty between Mexico, United States and Canada (USMCA). In auto production, the USMCA states that 70% of steel and aluminum must be from the North American region. Additionally, the following so-called “essential” auto parts must