The world will have up to 163 million more people living in extreme poverty in 2021, according to projections from the United Nations Conference on Trade and Development (UNCTAD). Globally, the Covid-19 pandemic has wreaked havoc on national economies and has hit the informal economy and hundreds of
The value of announced greenfield projects in developed economies, which will be invested over several years, fell by 16% to $ 289 billion in 2020, according to a report by the United Nations Conference on Trade and Development (UNCTAD). Meanwhile, global GDP recovers during 2021 as Covid-19 vaccination
The International Air Transport Association (IATA) and Rolls-Royce plc signed a joint statement clarifying the engine manufacturer’s continued commitment to an open and competitive approach to its maintenance, repair and overhaul (MRO) services. On the one hand, Rolls-Royce has customers in more than 150 countries, comprising more than
Mexico‘s commercial services exports registered a year-on-year decline of 46.3% in 2020, to $ 16.937 billion, according to data from the World Trade Organization (WTO). Among these types of services are tourism, telecommunications, construction, transportation, education, financial, and social and health services. As a percentage of the Gross
The Brazilian Government continues to advance in the process of operating the Single Import Declaration (DUIMP) in its customs. In essence, the DUIMP will be the only document that customs requires to import. The DUIMP will be part of the Foreign Trade Single Window Program. Since 2014, the
Indian auto company Tata Motors Limited noted that risks from protectionist trends are emerging around technology. At the same time, the company found that tensions between the United States and China remain high on many fronts, including international trade, intellectual property and cybersecurity. In addition, the internal economic