The travel demand of the world’s airlines maintained a moderate recovery in May, according to the International Air Transport Association (IATA). Indeed, seasonally adjusted passenger-kilometer revenue (SA RPK) in May increased for the fourth consecutive month, 2.4% month-on-month. Overall, industry-wide RPKs were 62.7% lower compared to the pre-crisis
The United States government announced a $ 153 million support to promote innovation in biopharmaceutical manufacturing. The National Institute of Standards and Technology (NIST) of the Department of Commerce gave two awards for that amount to the National Institute for Innovation in the Manufacturing of Biopharmaceutical Products (NIIMBL).
US auto production fell in June due to a shortage of semiconductors, the Federal Reserve reported. Globally, the high demand for electronic equipment caused by the Covid-19 pandemic led to a shortage of semiconductor chips for the automotive industry. Overall, US industrial production increased 0.4% in June after
The International Chamber of Commerce Mexico (ICC Mexico) criticized this Thursday a new regulation on the dispatch of hydrocarbons and minerals in Mexico. The government of Mexico published on June 11, in the Official Gazette of the Federation, the Seventh Resolution of Modifications to the General Rules of
The government of Mexico published this Wednesday the Decree creating the National Customs Agency of Mexico as a decentralized administrative body of the Ministry of Finance and Public Credit (SHCP). In accordance with the decree, signed by President Andrés Manuel López Obrador, the National Customs Agency of Mexico
The cost of shipping in international trade will slow down in the second half of 2021, the European Commission projected. Since the last quarter of 2020, the volume of world trade in goods reached pre-pandemic levels, mainly due to an increase in demand for consumer goods. Although international