World food prices rose for the third month in a row in August, driven by generally firmer demand and a weaker US dollar, according to a report released by the Food and Agriculture Organization of the United Nations (FAO). The FAO Food Price Index, which tracks the international
Grupo México reported that it will invest 95 million dollars in fuel storage terminals in different strategic points in Mexico during 2020. Overall, the company approved a $ 1.04 billion investment program for the construction of fuel storage terminals that will increase Mexico’s energy self-sufficiency and security. Grupo
The Ministry of Economy will eliminate tariffs on imports of electric cars starting this Friday. In Mexico there are no specific tariff fractions to identify electric motor vehicles; However, the import duty for this type of vehicle for the transport of more than 10 people is 20% and
The peso closed the session with an appreciation of 0.36% or 7.8 cents, trading around 21.69 pesos per dollar, touching a low of 21.5499 pesos. For the second consecutive session, the peso’s appreciation occurred alongside other currencies of emerging economies, such as the Brazilian real, which rose 1.17%
La Herradura, of Fresnillo plc, was placed in the first position among the 10 main mines in Mexico in 2019, according to data from the Mining Chamber of Mexico (Camimex). In subsequent positions were the mines: the Limón-Guajes, owned by Torex Gold; Pinos Altos-Crestón Mascota (Agnico Eagle Mines),
The Commerce Department (DOC) stated that it will investigate agricultural subsidies in fruits and vegetables from Mexico, along with the productive sector of the United States. The DOC «will continue its ongoing efforts to partner with the US industry in identifying unfair subsidies provided by foreign governments, including