The World Trade Organization (WTO) will have a «very fast» selection process for its new Director General, said Jesús Seade, Mexico’s candidate for that position. Seade said this process is likely to conclude as early as July 2020. The WTO is the most important trade forum worldwide, being
The 10 largest markets for cosmetics, fragrances and toiletries were led by the United States, China and Japan in 2019, according to data exposed by Natura & Co Holding. In total, this sector totaled $ 499.6 billion worldwide in 2019, according to the company, which reports data from
Egypt appointed Abdel-Hamid Mamdouh on Tuesday to compete for the post of Director-General of the World Trade Organization (WTO). Mamdouh faces a candidate from Mexico, Jesús Seade Kuri, and another from Nigeria, Ngozi Okonjo-Iweala, to succeed Brazilian Roberto Azevêdo, who announced that he will resign on August 31,
Natura & Co Holding S.A., driven by the incorporation of Avon, became the number 1 company for Cosmetics, Fragrances and Toiletries (CFT) in Latin America in 2019, with a market share of 11.8 percent. Net revenues of the Natura brand increased by 14.9% in Brazilian reals (+ 12.4%
Mexico’s GDP would be less affected than that of Brazil in 2020 and 2021, according to World Bank projections. While the Mexico’s GDP would fall 7.5% in 2020, that of Brazil would register a decrease of 8%, at an annual rate. The following year, in 2021, Mexico’s GDP
World trade will drop 10-16% in 2020, an analysis by the European Commission projected. In particular, for the bloc (27 nations), the expected reduction is expected to be between 9 and 15% for non-EU27 exports and between 11 and 14% for non-EU imports (combined goods and services). In