Mexico and Canada increased their exports of products to the US market in April, 20.9 and 38.4%, respectively, the Department of Commerce reported on Tuesday. With this, Mexican sales reached 38,874 million dollars and Canadian sales were 38,075 million. In general, the growth of foreign sales measured in
Xiaomi Corporation builds a new smartphone factory in Beijing, China, with an annual production capacity of 10 million units. In 2021, the company’s global smartphone shipments grew 30% year-on-year to a record 190.3 million units. The new factory will start production next year, according to statements by Lei
The United Nations (UN) expects Canada‘s economy to expand 4% in 2022, supported by the lifting of Covid-19 restrictions, the release of pent-up demand of exports. In response to high inflation, the Bank of Canada will continue to raise its official interest rate in the coming months, leading
The world economy may be on the verge of a new crisis, while it is still recovering from the pandemic, the United Nations Organization (UN) stressed. The war in Ukraine has upended a fragile recovery from the pandemic, triggering a devastating humanitarian crisis in Europe, driving up food
The vast majority of uranium delivered to the United States in 2021 was of foreign origin, with Kazakhstan being the leading source with 35% of total deliveries. According to the Energy Information Administration (EIA), the material of Canadian origin represented the second material with 14.8% of the total
The Teksid Hierro de México plant, located in Frontera, Coahuila, was designated by the United States for Mexico to review an alleged denial of labor rights. The USMCA Facility-Specific Rapid Response Labor Mechanism establishes an entirely new and streamlined approach to dispute resolution under which an ad hoc