Some estimates indicate that 95 million people may have entered extreme poverty in 2020, reported an analysis by the US Congress. In addition, 80 million more undernourished were generated compared to pre-pandemic levels. While the full economic impact of the pandemic is focusing more on developed economies where
The Secretariat of Economy of Mexico prepares a quota for imports of certain pork products, for 10,000 tons. The period of the fee-quota will be at December 31, 2021. Likewise, the quotas will be nominative, non-transferable and non-extendable and their validity will be 60 calendar days from the
Grupo Bimbo, the world’s largest bakery company, plans to operate with 100% renewable electricity by 2025. To do this, in 2018, the company joined the RE100 initiative led by The Climate Group, in conjunction with the Carbon Disclosure Project (CDP). Grupo Bimbo has installed solar roofs in most
Trade in commercial services registered a 20% year-on-year drop in the world during 2020, according to data from the World Trade Organization (WTO). Overall, trade in nominal US dollar terms fell even more dramatically than trade in volume terms in 2020. The values of world merchandise exports were
The construction industry registered the largest M&A agreement in Latin America: the acquisition from CPP Investments (Canada) of 40% of the capital stock of IDEAL (Mexico), a company specialized in infrastructure construction, for 2.5 billion dollars . UNCTAD highlighted this transaction in its 2021 Foreign Direct Investment annual
Global flows of Foreign Direct Investment (FDI) fell 35% in 2020, reaching $ 1 trillion. With this, according to a UNCTAD report, the amount represented the lowest level since 2005 and almost 20% lower than the 2009 low after the global financial crisis. Lockdowns around the world in