Tensions in the banking sector and tightening financial conditions have exacerbated downside risks to the U.S. economic outlook, said the Economic Commission for Latin America and the Caribbean (ECLAC). Regional banks play a leading role in lending to businesses. In ECLAC’s view, business investment, particularly in small businesses
The US economy improved in the second half of 2022 and momentum continued into early 2023, the Economic Commission for Latin America and the Caribbean (ECLAC) indicated. The labor market has remained historically tight, with more than 1 million jobs added in the first quarter of 2023 and
Mexico Pacific Limited (MPL) will invest US$14 billion in the construction of a gas pipeline and a liquefaction plant in Sonora, Mexico. According to a permit it obtained from the U.S. government, MPL stated that natural gas will be exported to Mexico at the U.S.-Mexico border through existing
The current fleet of refined product tankers includes 16 vessels, 14 of which are owned by Pemex Logística and two are leased under financial leasing contracts, with a total transportation capacity of 4 million 566,000 barrels. Of Pemex’s vessels, 53.33% are located on the Pacific coast and the
Pemex‘s fertilizer production rose 15.3% from 2021 to 2022, reaching 745,100 tons, according to information from the company itself. Within this amount, 277,800 tons corresponded to ammonia and the remaining 467,300 tons to carbon dioxide. At year-on-year rates, ammonia production increased 13.9 percent and carbon dioxide production rose
The United States and Canada each set a record for oil exports in 2022, with more than $100 billion each. While U.S. external oil sales were $117.034 billion, up 68.9 percent year-on-year, Canada’s corresponding sales totaled $120.584 billion, an advance of 47.1 percent. Until 2016, U.S. oil exports