In the third quarter of 2021, euro area exports increased 1.2% quarter-on-quarter, while imports climbed 0.7%, contributing 0.3 percentage points to GDP growth. Although net trade contributed positively to GDP growth in the third quarter, goods exports were held back by continued supply disruptions, according to the European
The world economy remains on the path of recovery, albeit persistent supply bottlenecks, reported the European Central Bank (ECB). Also rising commodity prices and the appearance of the Omicron variant of the coronavirus (Covid-19) continue to weigh on short-term growth prospects. Recent surveys of economic activity suggest that
Mexico‘s heavy vehicle exports grew at an interannual rate of 21.8% in 2021, to 141,002 units, the National Association of Bus, Truck and Tractor Producers (ANPACT) reported on Wednesday. ANPACT represents the leading producers of commercial vehicles and motors since 1992. With 14 associates (Dina, Freightliner, Hino, International,
Imports of goods from Latin America and the Caribbean grew at a year-on-year rate of 32% in value in 2021, the largest increase since 2010, when they grew by almost the same magnitude after the global financial crisis, ECLAC reported on Wednesday. At the same time, volumes imported
Lawmakers in the United States voiced opposition to proposed taxes on digital services in Canada. This digital services tax (DST) would subject US tech companies to a 3% tax on annual income in Canada, a tax that will not apply to their Canadian competitors. «This discriminatory tax involves
The pharmaceutical company Novartis will invest 50 million dollars in clinical research in Mexico in the next triennium. All drug candidates undergo proof-of-concept trials to allow early evaluation of drug safety and efficacy while collecting basic information on pharmacokinetics and tolerability, and adhering to guidelines for early clinical