In late 2020, the price of iron ore was driven primarily by growth in demand across all commodities and specifically for bulk goods, the Reserve Bank of Australia (RBA) said. Instead, in early 2019, the rise in iron ore prices was largely attributed to specific developments in the
The imports and exports of world services registered a contraction of 19.7% year-on-year in 2020, to 4 trillion 983,000 million dollars, according to statistics from the United Nations Conference on Trade and Development (UNCTAD). On the one hand, this represents an unprecedented decline in decades globally. On the
World trade in products totaled 17 trillion 583 billion dollars in 2020, a year-on-year decline of 7.5%, according to data from the United Nations Conference on Trade and Development (UNCTAD). In general, during 2020, companies operated in an extraordinarily complex environment characterized by the Covid-19 pandemic and measures
The world economy continued to grow at a solid pace in early 2021, after reaching pre-pandemic levels at the end of 2020, the European Central Bank (ECB) noted. Specifically, national accounts data confirm that the world economy (excluding the euro area) fully recovered in the last quarter of
Ferromex carried out a successful issuance of stock certificates at a fixed rate of seven years and another at a variable rate of four years, for a total of 5,000 million pesos. «This debt placement confirms the confidence that the company has in the recovery of the Mexican
The Kansas City Southern (KCS) network allows it to play an important role in linking Mexican manufacturers, especially in the automotive sector, with customers anywhere in North America, highlighted an analysis by the US Congress. Above all, KCS is one of the two largest railroads in Mexico and