Between January and March 2022, countries used some 450 trade policy measures, according to data from the United Nations Conference on Trade and Development (UNCTAD). Some of these measures consisted of tariff exemptions or reductions aimed at reducing domestic prices of essential products, but most of these policy
While the job situation has started to improve, the recovery remains volatile and global working hours were still 3.8% below pre-pandemic levels in the first quarter of 2022, according to data from the International Labor Organization (ILO). The United Nations (UN) has concluded that the effects of the
Exports and imports from Mexico maintained their dynamism in May, with growth of 22.4 and 22.1%, respectively, reported the Inegi. With this, while exports amounted to 50,005.1 million dollars, imports were 52,220.5 million dollars and the trade balance deficit totaled 2,215.3 million dollars. The global economic slowdown and
China‘s auto industry faces great challenges, including the shift in demand from conventional vehicles to new energy vehicles, Geely noted. Generally speaking, this Chinese company argued that intensified competition in China, rising commodity prices, other pandemic-related disruptions, and global chip supply shortages have shown no signs of abating
Exports of aircraft and their parts from the United States grew at a year-on-year rate of 23.1% from January to April 2022, to 31,147 million dollars, according to statistics from the Department of Commerce. With this, the United States has prolonged a recovery of these sales that began
Switzerland, India, the UK, China and Hong Kong, in descending order, were the world’s top gold importers in 2021. Gold can be easily sold in numerous markets around the world and it is not difficult to determine its market price at any given time. Reference prices are generally