Global unemployment will stand at 207 million in 2022, exceeding its 2019 level by some 21 million, the International Labor Organization (ILO) has projected. Based on the latest economic growth forecasts, the ILO estimates that global total hours worked in 2022 will remain nearly 2% below their pre-pandemic
After having increased 8% in 2020, remittances to Latin America and the Caribbean increased almost 30% in most of 2021, according to ECLAC data. Virtually all of the main recipients in the region are increasing flows in this indicator at double-digit rates. For ECLAC, the dynamism evidenced by
Brazil increased its beef exports to the United States by 58% year-on-year from January to November 2021, to 380.7 million pounds (172,683 tons), the USDA reported. Imports from Brazil have been increasing since February 2020, after the United States lifted the ban on importing fresh meat. This has
Mexico is the only country in Latin America and the Caribbean (LAC) that is highly integrated into global value chains, according to an analysis released by the European Central Bank (ECB). At the global level, the type and extent of participation in GVCs vary from country to country.
The Ministry of Finance and Public Credit (SHCP) published this Wednesday the Decree that promotes the regularization of used vehicles of foreign origin in the Official Gazette of the Federation (DOF). The purpose of the Decree is to promote the regularization of used vehicles of foreign origin that
Around two-thirds of companies were affected by supply problems in the fourth quarter of 2021, the Swiss Central Bank reported. So there was no substantial easing in the purchase of intermediate products in the fourth quarter. Substantial delays were reported, particularly with regard to the procurement of raw