One benefit of Global Value Chains (GVCs) is the opportunity they provide for specialization not only in products but also in tasks, highlights an analysis released by the World Trade Organization (WTO). Rather than simply exporting cars or computers, economies can now find niches at particular stages of
China applied to join the Comprehensive and Progressive Treaty of Trans-Pacific Partnership (CPTPP) after the AUKUS was agreed, a report by the United States-China Commission indicated. In September 2021, the Chinese Ministry of Commerce submitted a formal application to join CPTPP. Beijing’s request followed the announcement of AUKUS,
The New Mazatlán Aquarium is scheduled to begin operations in October 2022 and will host marine flora and fauna representative of the town and also other marine ecosystems other than Mexico. At the same time, the aquarium, which will require an investment of 54.4 million dollars, will function
Global demand for US LNG has remained high, limiting some downward pressure on natural gas prices, the US Energy Information Administration (EIA) reported. In November, the natural gas spot price at Henry Hub averaged $ 5.05 per million British thermal units (MMBtu), below the October average of 5.51/MMBtu
M&A transactions around the world totaled $ 4.3 trillion during the first nine months of 2021, the highest amount ever recorded for that period, according to Refinitiv data. The transaction value of $ 1.52 trillion recorded in the third quarter of 2021 was the highest for a quarter.
Wireless connectivity is expanding rapidly around the world, said Skyworks Solutions, a wireless semiconductor company. Broadly speaking, Skyworks Solutions designs and manufactures radio frequency and complete semiconductor system solutions for mobile communication applications. Connectivity is expanding to an adjacent set of IoT markets, with the number of connected